Talent

I love watching shows that showcase talented people such as The Voice, Asia's got Talent etc etc. Whenever I watched such shows, I always feel very humbled as well as wonder out loud where the heck is my talent!!! ACCICB tells me that I'm multi talented but still I doubt and wonder and wish.

But as with all talent in the world, it comes to nothing if it's not coupled with hard work, persistence and determination to make your dream come true. I think that it's the same when it comes to investing, we may not be born talented investors but with hard work, persistence and determination to become financially independent, one day, we will achieve that goal. 

As Money Honey says, let's all Shine or Go Crazy!

Related articles: So you want to be the next Warren Buffet? How's your writing?

Comments

  1. Money HoneyMarch 17, 2015 at 2:57 AM

    Oh my ... l am going beetroot red from head to toe now.

    Having faith in ourselves is important as each and everyone of have different levels of talent; and hence certain people requires more time to know their strong points. We are just like an unpolished gem.

    With hard work, persistence, determination (and also some luck) then a certain level or degree of financial independent is not beyond reach.

    ReplyDelete
    Replies
    1. Joyce LeongMarch 17, 2015 at 10:41 AM

      I was inspired by your quote and then while I was watching Asia's got Talent, it just came to me... The blog post! Yes, the all important faith and luck element.. I need to work on that!

      Delete
  2. SSMarch 17, 2015 at 6:29 AM

    Hello Joyce,

    Talent is a gift from heaven. I tend to believe successful investors are made, not born.

    ReplyDelete
    Replies
    1. Joyce LeongMarch 17, 2015 at 10:51 AM

      This made or born thingy is like The Question that we all have. I think that talent would help but how the person given the talent uses it, works on it to become a successful investor would make all the difference in the world.

      Delete
  3. Joyce LeongMarch 17, 2015 at 4:18 PM

    Thanks temperament for sharing this excellent article. I agree that investing/trading is really a psychology game. Which is why robots have not taken over this job and why there's hope for people who are so so at math and don't possess a Harvard MBA!

    ReplyDelete

Post a Comment

Popular posts from this blog

A tale of two stocks

Once in a while say a year or two later, I will be very kaypoh and look at the past stocks that I’ve analysed before just to see how it’s doing. I may or may not have invested or traded in that stock but it just takes one second to click on the link and see the chart. I would have remembered it’s previous price so the current chart can either make me have 3 reactions. Oh chey, it’s the same or not much difference, Wow look at it go to heaven or Wah Kao this one die liao.  For the first reaction I usually just leave the stock be but for the other two reactions, I will go and take a look at my past analysis to see whether I’ve “predicted” it’s future. Two stocks caught my eye as one went to the sky and one straight to hell. Both were similar in the sense that they faced crises except that one managed to turnaround whereas the one in the depths of hell have a long way to go. Let’s start with the one in hell which is  Capita  which I did a sort of write up on in 2014. I last saw it
Read more

FIRE

Recently there has been a lot of talk about financial independence and retiring early. FIRE for short it seems. I know plenty of people around me who have achieved FI but are not RE simply because they are not geared that way. They want to be mentally stimulated at their jobs or businesses and they continue everyday despite being able to tell their bosses to FO.  My ex boss who was retrenched from the bank when he was in his 40s could have RE years ago. He had a world class education from USA, worked in a big shot investment bank in USA and then came back to SG as his parents are here. His house was fully paid up, he had multiple investment properties but he was a man I respected for many reasons. He was highly intelligent but never stingy in mentoring me although he wasn't my mentor as my senior was supposed to do that instead. He was very frugal as he drives a second hand van, dresses simply and his wallet was falling apart but yet he doesn't change it at all. Yet, h
Read more

Believe in yourself

I recently took profit on 2 stocks which I invested in 2 years ago. The reason was because only now are they in the black therefore I quickly cut off ties! I still have a few investments from 2 years back which are still in the red despite dividends so it is frustrating and also shows that I definitely didn't buy at the right time. One of them was CDL which showed a spectacular run which I've no idea why and don't care why as it has been two long years with no dividends I think. However despite all the dividends, I'm still just barely breaking even for Suntec REIT which I also intend to sell off if only it would go up a bit more!   I guess the question should be why didn't I add to these stocks during those two years as it went lower or even as it was recovering. I was preoccupied with trading and stopped investing although I do monitor the price levels of existing investments. All available funds went into trading and investment took a backseat although re
Read more