Mortgage Blog

Long term investment

March 8th, 2013 12:00 PM by Eric Fang

I just finished one race Feb 3rd, and I will have
another one March 9th, one more April 7th. And the
full marathon Dec 8th.

When I prepared those races, I found that the short term
goal might affect the long term goal. For the past week,
since it's a taper week, we should not run too much because
of the falf-marathon race tomorrow. But in order to
prepare the marathon, I should steadily build up milage.
Maybe I should run fewer races, and focus on the marathon
in Dec.

It seems like very similar to the investment. For the short
term traders, you might be interested in seeling the stock
market going up. But for the long term investors, you want to
see the stock market going down more so that you can
accumulate the stocks at relatively cheap price. And the
key is patience.

And I think I traded too much this year. I purchased
AA, WFC, BAC(re-accumulate) for 3 trades.  Only time will tell whether
they are good decisions.

Posted in:General
Posted by Eric Fang on March 8th, 2013 12:00 PM



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