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Tuesday, May 6, 2008

Investment Can be very Easy

Check out this IOI chart, had you invested RM10,000 in Apr/2006 closing price, it would have grown to RM38,503by Mar/2008 conservatively. And if you could repeat this performance 4x, you would be having RM2.2 million in just about 8 years time. Pretty straight forward huh? The difficult part, it takes skills to identify a growth stock like this and mental strength to sit on the soaring price (Sometimes it pays to be like Turtle, slowly but surely. Unlike Rabbit, hopping in and out).

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Words borrowed from Dr. Alexander Elder:

Trading is so exciting that it often makes amateurs feel high ...Nobody can get high and make money at the same time.

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