Christmas

Today is x'mas. It seems people have calmed down a bit recently. HSI has gone back to 14000-15000. If one buy at 11000, it's already a 30% gain. People now generally believe in CASH IS KING. I think cash is king only if it can buy cheap assets. My only problem is I might be buying too slow. Hopefully, when the next bull come, I will be retiring. My friend asked me, what if the nxt bull never come, just like Japan, I said, ' then make sure what you buy have reasonable yield return and won't go into bankruptcy. Then you can just live on the yield return. When economy is really that bad, inflation will be remote and you probably don't need a lot of money for retirement anyway . So there won't be any problem if your stock doesn't grow. " " Then why should I invest at all?" " Because you never know, if you lose money, you can only lose 100% of the money. If market goes up, it can be 200% 300% etc. Isn't it a good bet?"