tag:blogger.com,1999:blog-4145518210627973459.post9052552363528247981..comments2024-03-28T18:35:53.930+08:00Comments on Singaporean Talks Money: Investing for the long term | Why long term investing is the way to go SingaporeanTalksMoneyhttp://www.blogger.com/profile/10897850362138325542noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4145518210627973459.post-36127821604582897842023-01-25T14:33:30.458+08:002023-01-25T14:33:30.458+08:00Ok, maybe I can add that besides CFA, there are al...Ok, maybe I can add that besides CFA, there are also FRM and CAIA credentials, together they are dubbed as "triple crown". Passing CFA Level II is sometimes considered (by some) to be equivalent to a bachelor's degree in finance and Level III, a master's degree. Similarly for FRM although it only has two levels and passing both is considered to be equivalent to a MFE. And btw, I can't teach you anything without a CFA Level I, II, and III, because I'm one of the lucky few who are a "triple crown" (sorry I lied, I'm one exam away). But I don't do information sharing, because no one would listen. I'll need to become a billionaire first before they take me seriously.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-62671881583168554462023-01-24T15:47:44.892+08:002023-01-24T15:47:44.892+08:00Sure, will try my hand at that. Not teaching you a...Sure, will try my hand at that. Not teaching you anything, just information sharing. You can also teach me something without a CFA Level I, II, and III. SingaporeanTalksMoneyhttps://www.blogger.com/profile/10897850362138325542noreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-16629398007549019492023-01-24T15:46:56.342+08:002023-01-24T15:46:56.342+08:00Yea, definitely, a lot of people look for short te...Yea, definitely, a lot of people look for short term gains although it can happen, it's quite rare and managing a sudden influx of wealth is different. Slow and steady we goSingaporeanTalksMoneyhttps://www.blogger.com/profile/10897850362138325542noreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-50331568538118656872023-01-24T15:45:06.384+08:002023-01-24T15:45:06.384+08:00Taking profits is also something I need to learn Taking profits is also something I need to learn SingaporeanTalksMoneyhttps://www.blogger.com/profile/10897850362138325542noreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-45196473851538730762023-01-24T14:22:08.186+08:002023-01-24T14:22:08.186+08:00I suggest you pass CFA Level I, II, and III before...I suggest you pass CFA Level I, II, and III before you try to appear smart enough to teach us anything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-34504388622996524562023-01-22T09:11:19.540+08:002023-01-22T09:11:19.540+08:00Warren Buffett: It's easy to get rich in stock...Warren Buffett: It's easy to get rich in stocks .... if you're not in a hurry ;)<br /><br />Look at any long-term compounding chart; the biggest gains occur in the last 20% of the timeline. <br /><br />The trick is to use instruments/assets that have proven history of long-term gains over 50, 100 or hundreds of years, so you can just DCA regularly & not care about daily, weekly, monthly or even yearly downturns. <br /><br />Most people will laugh at you. They want to get rich next week or next year :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4145518210627973459.post-87349515772705893732023-01-22T08:05:49.971+08:002023-01-22T08:05:49.971+08:00No need to resist temptation on big gains when you...No need to resist temptation on big gains when your stocks started to pull back or correction?CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.com