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Wednesday, 25 October 2017

Buy and Hold - Who sold you that idea?

(UPDATED: 28/10/17 - example changed to Creative Technologies for a better illustration. Thanks SMOL. Apologies for the poor example cited previously that had caused confusion in readers.) 
 
I've read the 2 recent posts from 2 wise seniors - Uncle CW8888 and SMOL recently. Allow me to induce some flavors of this 2 seniors into this blog post.

Everyone knows what buying and holding is.. So what exactly is buy and hold?? Being curious.. I went online to google about the exact definition.

From Investopedia
Hmm.. but buying and holding does not only applies to stocks!!

Is buying and holding a "sure-win" strategy?  
Buying and holding might increase your winning odds. But there's no guarantee!!
The asset you're buying and holding is important too!!

Let's take a look at 2 example.

Buying SGX in 2004 Jan?

$1.83..

Hmm..



How about buying Creative Technology in 2004 Jan?

$20.10..

Both also inside STI and accepted by investors wor.













Wanna see some real examples??


Read:
Buy and Hold - Who sold you that idea? - Uncle CW

Buy and Hold - Who sold you that idea? - SMOL