Sorry, I’m not talking about romantic and infatuated love affairs. This is about how distance and the social media played effective roles in building business relationships and serving other people in our recently concluded personal finance and investment literacy seminar held in Singapore.
There is one popular investment guru and columnist who’s a known hardcore active stock market trader and totally hates the cost-averaging method of investing. One guy posted a comment on the guru’s Twitter account saying that “Cost Averaging” is an effective strategy than having no strategy at all. The popular guru replied, “Doing bad is better than doing nothing at all?”
That’s how he hates “laziness”. That’s how he hates passive investing using the cost averaging method.
Have you ever experienced getting squeezed between intellectual friends or acquaintances in one chatting occasion? Like you were in a middle of three English-speaking geeks talking about Star Trek and Harry Potter when in fact you still do not understand until now what those movies really are all about?