Where is the Money gone?

There are a lot of people saying the following recently about the ever dropping share markets,

"Oh.....I wish I had not bought it then!"

"Gosh! What's going on? How low could it be?"

"I wish I had the money to buy some shares now - look at the Bargains!"

The Question is,
Where is their Money gone?


Either Lost it or Tied to some may never bounced back shares.


The Reason is?

These people have made the Wrong Comparison, so

When the share market dropped by 15%, 50% of Investors thought it was low, then rushed to buy.

The market continued to drop by another 15%, another 30% Investors thought it was low, so rushed to buy.

But the share dropped by further 10% , another 10% Investors thought it was low and rushed to buy it.

90% Investors thought it was low because they were comparing with,
"The Lowest for the last 52 weeks";
"The Lowest for the last 3 Years"; or
"The Lowest for the last 5 years"

They forgot the current Crisis is, according to many commentators, at least the Worst in 20 years.

Some say (e.g. the British Treasurer) the Worst since WWII (i.e. in 40 years) .

And a few (e.g. Federal Reserve Chairperson, Bernanke) have stressed this is "The Worst since the Great Depression 1929"

So, the Patient Investors are still waiting, with their Cash ready, in the best position to capture this "Once in a Century" (according to the last Federal Reserve Chairperson, Alan Greenspan) Opportunity.

Because these 10% are convinced the Biggest Fall has yet to come.

Like Life itself, Investment is also about "Having Self Discipline" - Don't Buy because Others are Buying. And "Patience" is a Must Have Quality.

Fate
Be Patient. Be A Winner