Saturday, November 5, 2011

Regret Now or Regret Later


Investing is about decision. Many people know asset/ shares will increase in value. When the market go down and the opportunity come, how many people dare to take action? Many people afraid to make decision because of fear. They fear of doing something that they will later regret. Because of this, many people fail to make the decision to restructure their portfolio, end up holding too much cash!
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By avoiding the tough decisions, sooner or later, we must face second forms of regret – the regret of not taking any action, when we look back, things we do not done cause greatest regret.
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In fact, we can always deal with regrettable decisions by repairing our action. Our regret only intensifies as we realized the price we've paid by delaying important investment decision.
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In the journey of life, we are likely to evaluate our choices differently. We can improve our financial or life decision when time come. We can invest regularly or invest when opportunity arises. If your existing portfolio is not optimally positioned, take action to fix it now. If your stock or portfolio not making any money, plan to cut loss to avoid further regret. Do not delay the important decision or allow fear of potential short term volatility to derail your important investment decision.
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Don't come one day you say, “if I know earlier...”, Chinese say, if you know earlier, there will no beggar in the world any more.
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