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Liquid Millionaire - isaco

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Stephen Sutherland<br />

b) Accurately and consistently interpret the trend of the market<br />

so that you can get into the market on strength and get out on<br />

weakness?<br />

c) Beat the Nasdaq over the long-term?<br />

d) Get greater than average tax-free returns over the long-term?<br />

If you are confi dent that the answers are yes, the do it yourself approach<br />

is probably for you and you will not need any help.<br />

Here is a quick word of advice.<br />

If you do go down the DIY route, please ensure that you fully understand<br />

who you will be going up against.<br />

Warren Buff ett, regarded as one of the world’s greatest stock market<br />

investors, sends this word of caution:<br />

“Th e market, like the Lord, helps those who help themselves. But, unlike the<br />

Lord, the market does not forgive those who know not what they do.”<br />

I therefore suggest that it might not be the best of ideas to cut corners.<br />

In other words, if you are going to take this do it yourself approach<br />

seriously, please commit to putting in the hours needed to succeed.<br />

I like to use the game of rugby to explain what I mean.<br />

110

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