things I learnt from Shiny Things & money mind

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w1rbelw1nd

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Anyway, just to give my views before this thread is closed, I would strongly encourage newbies to do things the tedious way of learning by going through all of the threads, and other relevant books/website.

"Blindly" following the best investment methods may not give you the understanding and conviction to follow a strict, disciplined long term plan that shiny/other etf investors are advocating.

Also, there are more personal circumstances (employee share plan? Saving for child's education? Job's exposure to equity market?) that can never be addressed adequately in a cookie cutter manner. Best is for us to understand the principles of sound investing (which should never change) than to follow a methodology that we don't quite understand.

I appreciate the summary anyway :)
 

sAVaGEmP5

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Pls go n make money and stop doing academia research. There was once long ago i started writing stuff like as though i was going for an exam, it lasted 3 months. After a while, i realise its ur networth that counts, not ur knowledge. Sorry if i sound bad.
 

ExtremeWays

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I rather have what you don't learn from Shiny Thing.........

The ratio given by him is questionable.
The idea of dca is questionable.
More.....
 

BBCWatcher

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The idea of dca is questionable.
No it's not. The vast majority of savers and investors are earning incomes from work, usually paid monthly. If they save, they save from this income flow. Dollar cost averaging (DCA) is simply a natural, unavoidable outcome in this oh-so-common scenario. Hypothetical alternatives are great and all, but only if they actually exist. They usually don't.
 

ExtremeWays

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No it's not. The vast majority of savers and investors are earning incomes from work, usually paid monthly. If they save, they save from this income flow. Dollar cost averaging (DCA) is simply a natural, unavoidable outcome in this oh-so-common scenario. Hypothetical alternatives are great and all, but only if they actually exist. They usually don't.

The edge is not good......
 
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