SOS Investment RULE No 1

First rule in investment?

1. Be Independent

But before any investor can become independent (or shall I say when he is up to a stage of "know how to fish"), the investor has to go through a learning experience, the real one, not the portfolio of imaginary stocks.

Hence, one has to pay the "tuition fee" to become an independent investor.

What I am refering as independent investor is:

• a person who can understand financial reports (not necessary capable of timing the investment)


• able to explain their "mistakes" when the shares tank


• gradually take out "the emotion" when investing


• continuous learning and applying (until he reach a "process") that allows him to make money in the stock markets

Well, there are over 8000 stocks in DJIA. Where can you starts? You need directions, just like when you visit a country you have not been, you ask.

As for investment in property, the mantra that is normally used is Location, Timing and Branding.

In stocks, perhaps is Fundmental, Timing, "strength of management" & knowing the time to sell.

MyView

One has to pay its tuition fee to learn about Investing in stocks as there is no single right or wrong approach. As long as the investor is knowledgeable, i.e. he should learn and apply his own knowledge, in the end, become independent.