Be Boring - How the best investments are the most boring ones. “Investing should be dull. It shouldn't be exciting. Investing should be more like watching paint dry or grass grow. If you want excitement, take $800 and go to Las Vegas” - Paul Samuelson Investing can definitely be exciting. Seeing those numbers tick upwards … Continue reading It Does Pay to Be Boring
Long term investing is not easy. Investors are often excited about the magic of long-term holdings and the ease of multiplying their returns. However, why is it not easy to achieve with such a proven investment strategy?
On 30 September 2019, United Global (SGX:43P) announced that Spain's oil major Repsol (BME:REP) will purchase a 40% stake in one of their subsidiary, United Oil Company, for up to US$46.5mil. While selling a huge stake in their core business does not sound like good news, I felt otherwise. After understanding Repsol's ambitions in the … Continue reading United Global (SGX:43P) – Taking off with Repsol (BME:REP)
You know those articles that promote buy and hold strategies and say "If you hold X stock since inception, you would have made an XXX% gain!". Well, whenever I read those articles, I will silently curse them as they made it sound so easy. To me, Buy and Hold one of the hardest strategy to … Continue reading Buy and Hold – Hardest Strategy Ever