%%- Hitchcock's 1963 film "The Birds" is considered a classic in horror movies. But for me it's the intricate relationship between various characters that actually makes the film most enchanting. Mesmerizing Annie and Melanie, jealous Lydia, handsome Mitch, quiet Bodega Bay, early 60s, an era gone and missed.
%%- Hongkong stock market is relatively liquid and properly supervised.
Its index first hit 15,000 in 1997, followed by a 1-year 60% drop, a 2-year 100% gain, another 2-year 50% drop, and a 4-year 200% gain to 30,000, yesterday.
Peak to peak, it took 10 years to double.
There were minor wild swings in between, eg, a 20% drop in August this year, then a 50% gain in 2 months. Who can afford to lose 20% of one's asset in one month?
Point?
1 Buy and Hold isn't ideal. 2 It's volatile. 2 Timing is important, but not necessarily easy. 4 Diversify your investment.
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