The Time I referring to here is the amount of time on hand, not the period of time commonly spoken of in investing.
What I am trying to get at here is that in order to be successful in investing, one not only need to invest money but also invest time as well.
Regardless of the form of investment – whether stocks, shares, bond, unit trust, options, futures, commodities and what have you, time is required to understand the basics and learn the details.
There is no shortcut to investing. So what happen when you have limited time?
My experience taught me 3 things.
- Educate yourself
- Get to know yourself
- Set aside time
The long term in the Straits Time Index
A lot had been said of the value of by and hold in the long term. Many investment book in the market talk about the US market, so the example commonly encountered is the Dow Jones Industrial Average (DJIA).
Take a look at this long term chart:
The continuous long term up trend is easy to see. Despite some major interruptions the buy and hold strategy offered excellent rewards over the years. (If one had brought during the peak of 1930, it would have taken over 25 years to recover the initial capital),
How about the Singapore market? Take a look at the Strait Times Index (STI).
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