But the average person should not do it? "No. Stocks are the things to own over time. Productivity will increase and stocks will increase with it. There are only a few things you can do wrong. One is to buy or sell at the wrong time. Paying high fees is the other way to get killed. The best way to avoid both of these is to buy a low-cost index fund and buy it over time. Be greedy when others are fearful, and fearful when others are greedy, but don't think you can outsmart the market. If a cross-section of American industry is going to do well over time, then why try to pick the little beauties and think you can do better? Very few people should be active investors.''
http://www.theaustralian.news.com.au/business/story/0,28124,24469959-5018063,00.html
Friday, October 24, 2008
Friday, October 17, 2008
Buffet Says Buy American Stocks...
US Market tumbling these days and due to bailout, subprime issue. And the billionaire investor Warren Buffet makes a bold call in NY Times time to buy US stocks.
http://www.cnbc.com/id/15840232?video=893521727&play=1
"Be fearful when others are greedy, and be greedy when others are fearful" quoted by Warren Buffet.
Of course, he is saying that fearful create an opportunity to bargain a good buy on those strong fundamental companies. And not buying blindly as he mentioned during the market clash. No one can predict how low the share market will going down. However when a bargain buy on strong fundamental companies at the right price, it will at least reduce the risk of shrinking your capital investment further. Thus he said that be greedy when others are fearful.
CASH ISN'T KING "Today people who hold cash equivalents feel comfortable. They shoudn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."
This is not a first time when Buffet said about when market tumbling.
Nov 1, 1 974 Forbes "Now is the time to invest and get rich."
"Those awaiting a 'better time' for equity investing are highly likely to maintain that posture until well into the next bull market" - Forbes , Aug 6, 1979
"Investors in stocks these days expecting too much" - Fortune, Nov 22, 1999
during the Tech Bubble burst he mentioned above.
http://www.cnbc.com/id/15840232?video=893521727&play=1
"Be fearful when others are greedy, and be greedy when others are fearful" quoted by Warren Buffet.
Of course, he is saying that fearful create an opportunity to bargain a good buy on those strong fundamental companies. And not buying blindly as he mentioned during the market clash. No one can predict how low the share market will going down. However when a bargain buy on strong fundamental companies at the right price, it will at least reduce the risk of shrinking your capital investment further. Thus he said that be greedy when others are fearful.
CASH ISN'T KING "Today people who hold cash equivalents feel comfortable. They shoudn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."
This is not a first time when Buffet said about when market tumbling.
Nov 1, 1 974 Forbes "Now is the time to invest and get rich."
"Those awaiting a 'better time' for equity investing are highly likely to maintain that posture until well into the next bull market" - Forbes , Aug 6, 1979
"Investors in stocks these days expecting too much" - Fortune, Nov 22, 1999
during the Tech Bubble burst he mentioned above.
Assemble your robot using these part and parcel.
" These two are robots and first robot is super hero and second robot is magic robot" said YD.
"First robot looks like a dinosour robot and second is a plane that can fly and it can turn into rocket." said YD.
"This is me with victiry sign and these are my robots: first robot is super hero and second robot is magic robot" said YD.
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