Monday, September 14, 2015
GE2015 How We Can Apply To Portfolio Management
Chee Soon Juan from SDP also improved alot this GE2015, he's not so aggressive and more reasonable. No shouting at Mr Goh like during the last election. He also played the empathy card by telling people about his humble life via social media. He also showcased his family, especially his daughters in the politics during his rally speeches. Something I feel he should not involve them.
For a moment, I thought PAP would have a hard time defending their grounds.
When the result is out, I was kinda relieved. I know that some of my friends want some opposition party to be in the Parliament not because they are good but they just want them to be in so that they will watch over PAP. This is a very scary thought. What happens if majority thinks like that and start voting for opposition not based on merits but purely this reason? What will happen to Singapore? Are the opposition party ready to be the ruling party and lead Singapore?
I am relieved that despite all the ra-ra from opposition parties, majority of Singaporeans still choose PAP as it is stable and reliable, a proven working ruling party, status quo.
I think it apply to our portfolio management too. We need it to be a stable and reliable cruise ship sailing towards our destination. Our portfolio should not be exciting and entertaining with high beta stocks making high swings in the the price. We need it to be a stable business and consistently gives dividends.
So choose wisely how you want to build up your stock portfolio.
Do you want it to be exciting like gambling ? or stable like a business?