Invest
Timing is everything!
By Singapore Man of Leisure  •  October 23, 2013
As little children, we learn instinctively when to ask daddy and mommy to buy as toys. We don't ask for a Sony Playstation when daddy came home bing bing bang bang cursing and swearing the sorry excuse of a boss he has... Nor do we ask mommy money for sweets when she had just lost at mahjong... A bit older and dating for the first time as teenagers, getting the timing wrong at holding hands and stealing that first kiss is AWKWARD... Get it right and it remains such sweet memories till today. Aw... During working life, we quickly learn when it's a good time (or not) to ask for a raise from the boss. If you are into healthy eating or swear by the benefits of a vegetarian or vegan diet, you don't go shooting your mouth to strangers sitting next to your dining table that eating meat is bad for them right? You will only share the benefits of healthy eating to your close friends when they are ready to listen right? Then there are those who have a bad sense of timing and no sense of empathy. I'm sure you have encountered such people around - if that's not already you! Just because you believe in something and thinks that something is good for you, it does not automatically mean everyone should see what you see immediately. At home someone nags. At work more people nags. Media nags. Big Daddy also nags. This is good for you; that is even better for you! Nag, nag, nag. Sometime it pays to be patient and sensitive to timing. If your husband smokes 2 packs of cigarettes a day, what makes you think he will listen when he did not listened the first time round? Nagging repetitively will make it better? Insanity is doing the same thing over and over again and expecting a different result. Who says so!? (Wah, so fierce!) Albert Einstein says so. (This is to pander to those who prefers to listen to big names than do the thinking themselves) If you husband informed you that he has just gotten news that his classmate got lung cancer from smoking, NOW is the time. "Dear, I need you. Don't leave me early." Grab his arm or hug him. "I love you. Our child loves you too." If he doesn't get it now, he never will! Cheh! Not what you were expecting from reading the title? You are probably early in your investing/trading journey... Patience. In due time, you may realise it's everything to do with waiting for the trade to come to you - when the risk/reward ratio is in our favour. And patiently waiting for the price/value gap to widen to the extent it provides us a good margin of safety to start nibbling.
Singapore Man of Leisure (welcome to my blog; just google it!)
Read the full article
By Singapore Man of Leisure
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance