Monday, October 15, 2018

Reminder to buy the boring ones

Stocks can be exciting. Who would not want to buy Amazon and watch it climb with its stellar growth? Autonomous vehicles, so exciting (yes I am shooting my own foot here.) Netflix and chill anyone?

In all seriousness though, I have to remember one of Peter Lynch's adage here. One must remember that many a time, the most boring companies are the ones that can earn the most. I am looking into my portfolio again to see if there are better and more boring stocks to buy. Excitement into stocks tend to drive up prices, whereas the sheer boredom of what a company sell can often times be perfect; Boring companies are honestly what earns money a lot of the time, and still keep on the down low while doing so. One then can swoop in and hopefully get a ten bagger.

I have to remind myself of that too.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Why am I writing a financial blog?

It's been quite abit of time since I wrote a new post. I have been busy with a new job and added responsibilities, and at times questio...

  • Has Singtel truly became Sinktel?
    Singtel. The telecomm company you choose just because everything else sucks. Or so until circles came riding along. I am still wondering w...
  • March Update
    It's been a few months since my last post... Quite a few happenings has happened on a personal level and also the recent fall in stoc...
  • Why am I writing a financial blog?
    It's been quite abit of time since I wrote a new post. I have been busy with a new job and added responsibilities, and at times questio...