I align to his strategy of value investing and also his advice of buying just ETFs for the noob investor. That was how I started out and is still my main strategy today as I don’t have a lot of time to spend studying and monitoring the stock market. I still have my main day job that takes away a fair bit of my time. Unfortunately, with the recent high valuations, it is hard to bargain hunt and I believe that is why Buffett is sitting on more cash than ever. Cash erodes so I do try a bit of swing trading now to try to maximise my returns in a short time and to minimise my risk of holding on to the stock should the price drops drastically. It has worked well so far except I have yet to master options which Buffett is also skilful in.
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- Astrid Stephen·10-09Compounding + swing trading mix! Balance is key with tight time & high valuations!LikeReport
- Reg Ford·10-09ETFs + value investing work! High valuations? Cash isn’t bad till bargains come!LikeReport
- frostiix·10-08Great insight! Love your strategy! [Heart]LikeReport
