Investing is like gardening. You will reap what you sow if you stay the course through the harsh seasons
'Growth has it season. There are spring and summer, but there are also fall and winter. And then spring and summer again. As long as the roots are not severed, all is well and all will be well.'
In investing, know that time is your friend. Plant the seed of growth in the garden and in due season, you will reap what you sow. Impulse is your enemy, react to your fears and dig out the seeds before the season is over and you may never see the fruit.
Most importantly, stay the course. Let the uncertain years roll by, and face the future with faith. Do not let short-term fluctuations, fear, greed and news that have no meaning at all to your long term investing affect your judgment. The world markets too have their season but in the longer term will always grow, because their roots have remained strong and intact
Dividends are important because they provide investors with a non market-dependent form of return. The ability to pay a consistently high dividend is a strong indicator that a company is managing its business well and confident of its prospects. That also helps support the market value of stock.
- Joan Ng (The Edge, 20 April 2009)
- Joan Ng (The Edge, 20 April 2009)
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