kits013

i spend one hour a day..
i watch fast money and MadMoney on CNBC  
watch bloomberg news
check canadian to US currency (cause i buy US stocks)

i'm not a trader.. but if u know things ain't going well
u got to get out
so it's very important to take updating

kits013

anybody can make $ from stock
but is ALL ABOUT HOMEWORK!

u can't just buy and hold !
10 years ago, Dow Jones  at 10000....  Today.. ppl are celebrating their 0% return in 10 years

good investors have different style ...different approach to this game
but they all do hw
buy and hold is not my style.. i think it's important to keep ur investment flexible

yes there are good IA -> charge u $ like therez no tmr
                      mutual funds --> 70% of them perform worst than the market
LOOK at this chart b4 u plan long term

kits013

this is not a good example (because of the recent 2-3 years' situation), why don't you look at 20, 30, 40 years chart? Even 股神畢菲特都叫大家長渣某隻好股﹐當然所謂好股係要做好多研究所得出來的結論啦 ...
Littleprince 發表於 2009-10-20 09:48

go buy a book
called Buffett is not perfect
he's playing style changed so much
u better look at how he invested in the 70"s....
thats the time he made most $

buy and hold is stupid.  end of the story

kits013

hey haha72  good job  
i guess he's super pissed   rofl

kits013

i own Citi Ford CHU and WYNN
Citi's book value is $5.50.  it's not gonna to back to 30-40..  but at least $10-20
my favorite stock is WYNN  - it may be a good china play, china is driving the global economy back to recovery    and macau is the only place in china yau casino

And Wynn has shxt load of $$$   wonderful balance sheet  
China Unicom...  iPHONE CHINA PLAY

kits013

i sold Freddie Mac last month
i know it's gonna to come back since the housing market has bottomed in the US .. but it is just too risky for me and i already own Citi

thx for the advice
i'll go check out CTIC and GETA