The most important thing - Time?

Many books on value investing state that to be a successful investor, one needs patience and discipline. Well, let's take a look at the 20 years index charts on Dow Jones, Hang Seng, Nikkei, STI and KLCI.

In the long run, if Index is a good indication of how the respective stock market has performed, I would say it gets better and better but not without its ups and downs. It seems that as long as we did not buy at the all time high at any point of time, we will be able to recover (on conditions the companies we bought are good companies and survive the downturn!!).

Of course the most important question now is - do we have the time? That's why we always hear the great investors said take a long term view when investing in stocks. Economy needs time to recover and compounding return takes time, yes, we need time to earn good returns from stock investment. 

Though there are times the high gets higher and the low gets lower. But knowing there are bound to have cycle in economy,stock market,company etc, where do you want to buy now? Trade war..um, my humble opinion .....its a matter of time, this shall be the past when leaders, countries, companies or investors resolve, adjust or adapt to the new era of trade relationship. Just buy and stick with good companies with strong management capabilities, sound financials, solid product & service offerings. Just sit back and relax.