Monday, December 29, 2014

Never Read Too Much Into 2015 Prediction and always DYODD

2015 predictionsAt this moment of the year, when you are flipping through the news online or offline, I am sure you will chance upon a couple of yearly recap of 2014 (you can even do your own personal recap via Social Media like Facebook, but that's besides the point) and the forecast/prediction of 2015, from pros, or semi-pros or just anyone else.

Top 10 Stocks to invest in 2015! 2015 Market Forecast etc...etc...

Of course, it is not that they are all bad, some did come out with very convincing facts/estimates. Having said that, they key here is that NO ONE can predict the future, and I really meant it, to reiterate here : NO ONE!

So, we should all read such prediction/forecast with a pinch of salt and DYODD (Do Your Own Due Diligence). As I read many personal finance bloggers keep emphasizing this term and hence thinking of repeating here once more : No one care about your money more than yourself! So, always remember to DYODD before you plunge into it.

In any case, let's face it, we cannot be right ALL the time in investing, we should treat investing as an on-going journey and not one-off win/loss.


P/S : This post is meant to serve as a reminder to myself too! ;-)


  1. Hi Richard,

    At first glance, I thought your heading is wrong, because 2015 very big, thought another 2015 targets!


    Happy new year by the way.

    1. Rolf : hahaha.. Same goes to you and have a very fulfilling 2015 and beyond!

  2. DYODD sounds clunky (rhymes with "dog"), but the advice is good. Haha.

    1. SRSI : Indeed! Actually I only learnt about this term not long ago and thought it is quite catchy... lol


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