Ox year investing

While we were busy celebrating the Ox year, the news was busy reporting retrenchment news. It looks like the economic and business is going to get tougher in coming months. I expect the subsequent 6 months, we would have more pain. Consequently, stock market might have room to fall further. Somebody say he see no light at the end of tunnel yet. So, this is not the time for bargain hunting.

During the holiday, I also took time to re-read the book The Warren Buffett Way. I think every time we read a book, no matter how many times we have read, we stand to gain something. It kind of remind me of the fundamental principle I am trying to practise till now. People are fearful now, shouldn't we be a little bit greedy? Of course, this is not ordinary down time, we are in a serious crunch time. But once the strong company get over this, it would perform you in recovery time.

So, now is time, to read your books and further affirm your investment principle and strategy. Zoom down on your watch list, get it ready and finalise your strategy. When to strike and how to strike?