*phew* wanted to catch up with all that backdated posts but i just managed 3..
new year resolution #1 will be to UPDATE this blog regularly.. haha~
i even changed its colour! :)
one thing xiaofu said just makes me laugh inside, she used "share price" as the analogy to my life. if i keep buying a lousy stock, the price will keep going down, and if i continue putting in more money into this same stock i will just lose more and see it going lower.. haha~ time to cut the losses and buy something better right?
my resolution list is not ready yet.. oops.. so #2 will be "Discipline"~ heheee
looks like we have a tiny "clover" plantation in the flower pot.. looks almost just like real clovers.. :)
Yay~ gonna catch the fireworks later!!~
New Year Resolutions??
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2 comments:
Hi pinkk,
Don't really agree with what xiaofu had said. Share price movements might not have anything to do with the company. Share price keep coming down doesn't mean that the company is worse than before. Similarly, share price keep going up doesn't mean that the company is better.
Ultimately, what you are buying for a share is the intrinsic value of the company. What you are paying to buy the share is its share price. So, the decision to buy/sell should be based on the worth of the company, rather than the share price.
To put it simply - "Price is what you pay, Value is what you get". :)
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