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**** Annual Goanetters Meet ****
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Annual Goanetters Meet - January 3, 2012 - 12:30 - 2pm
Tourist Hostel, near the Old Secretariat, Panaji (Panjim)
Planning to attend? Send an email to [email protected] with contact details
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Gabe Menezes wrote:
> RESPONSE: A profit is a profit, only if you realise it. A paper
> profit is just that - so, now that we have had the last trading
> session of the year, was Gold the best investment for this year?
> I think not.
>
> In hindsight it would be easy to say: I bought it at the lows and
> sold it at the highs - yes, it was wishful thinking when I was a
> trader, at # 1 Wall Street...the bottom line holds good and never
> lies!
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Gabe Menezes,
Let me keep this simple, not everyone is a trader.
I am more into investing and prefer to accumulate wealth rather than
chase short term profits. This approach means I do not have to check
stock prices every day of the week. An added benefit is that I can take
holidays without the need to depend on what prices close at the last
trading day of the year.
Secondly, I am not sure if anyone can consistently predict the best
investment of the next year. I can assure you that almost everyone can
point out to the best investment of the previous year.
Here's wishing you and everyone here a great and prosperous 2012.
Mervyn
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