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Playing The Game of Leverage (8)
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Investing Made Simple by Uncle8888 (20)
Hmm... Uncle8888 you are debt-free. Why you never take a 30-years housing loan? Housing loan is the cheapest loan in town you know hor. Walau, you not financially savvy leh!
Jessie Livermore once said in his three simple one liners:
In the stock market:
- Time is not money.
- Time is time.
- Money is money.
How many of you who are investing in the stock market fully understand them and appreciate these three simple one liners. Once you really understand them, you may think and act differently in your investing strategy and in your portfolio and money management.
In your life, there are three distinct phases related to wealth:
Phase 1: Consuming your parents' wealth
Phase 2: Accumulating your own wealth
Phase 3: Living off your own wealth or your children's wealth
However, there are some lucky ......
