Reading More = Better Investment Decisions
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Although we have far better technology and products than our forefathers could have dreamed of, it is a shame most of our financial decisions are no better off than they are. It is important for us to learn how to harness the power of technology and utilize the information available for greater gains for us and our family.
The financial sector is going through an evolution as we are in a midst of the financial crisis. After the crisis, many new financial theories, thoughts and practices will emerge and many old ones will be abandon. How do we know which concepts should we keep and which one do we throw away?
Expert In Finance and Investment
No matter how smart you are, it takes 10,000 hours of practice and learning before you become a world class expert. Although this figure is not 100% accurate, at least this is the general measure we use to differentiate the experts from the smart asses.
My long term goal is to become an expert in the field of finance and investment, where my very interest lies. I have decided to record my journey and learning as part of the content in this blog so that one day I can look back and say “Wow, this is how I’ve started!”. Ideally, I hope someone with the same aspiration or interest will find my blog meaningful and decides to join me towards our goal. And I do not mind having someone who is already an expert (someone who has spent more than 10,000 hours), guide me and correct me along the way.
10 Things I Learned From The 2008 Market Crash
A lot of unthinkable has happened over the last one year in the financial market. The collapsed of the finance giants, unresolved fate of the auto giants and a billions dollar scam that really brought the phrase “falling like a rock” to a whole new level.
After going through some of my old financial statements from 2008, I have come up with a list of top learning that I would like to share with my readers, if there is any at this point of time. Hopefully, this list will remind me not to make the same set of silly financial mistakes in 2008.
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