I have a 100% success ratio when it comes to picking stocks. More importantly, it even extends to indexes. Sure, timing has something to do with it, especially with the indexes. But, after looking back at every one of my stock purchases over the last three years, I’m shocked to admit, EVERY SINGLE PICK I’VE MADE HAS GONE DOWN. Yes, even the indexes.
Thanks to my dear frind Mr. Kissana, the guy who changed his mind about selling me his house, my downpayment has stayed in the market longer than expected. It was originally in a high interest savings account, then a cashable GIC, but I finally gave in last summer and moved it into index ETFs - XIN, XIU, XBB, XSP. I would like take this opportunity to apologize to every investor - I’m sure it’s my fault that the entire market has fallen.
I’ve come to the conclusion that I really really (really!) shouldn’t be handling my own investments in the stock market. I’ve got no problem building businesses, and am happily getting involved with income properties. But the stock market - I’m going to leave it to professionals. I’ve hired a financial planner, and that end of my future is securely in his hands. Market, you are now cleared for takeoff.
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