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Hello Crazy Folk,
I've been away from my desk for a few days. And just for an experiment, you understand, I did not look at the Footsie's progress for that time.
Neither did I check any of my shares. This is because I felt I already knew what would happen.
And this is not becuase I have a crystal ball, but in nearly every beginning to the year, a kind of New Year party hang-over sets in. Shares fall. Maybe I am wrong in this perception. I haven't the energy to check back on the real figures.
But anyroad up, I nearly always think that shares come down at the start of January. It happened again this year - as I found when I checked today.
I should have had a spread bet on the Footsie falling - and then I would have made a few bob to start the year off. But I find it difficult to short anything, because of my usual sunny disposition and cheery outlook. So I didn't. And things happened exactly how I predicted in December in this little column. And I lost out, because many of my babies fell.
So next year it will be different. I will sell a lot of shares at the end of December and buy 'em all back at the end of January. But then again, I say this every year - and never do it.
Isn't that how it is, gang? We know what we should do. We don't do it. And even when we do do it, the rules break down for the first time ever, and we still miss out.
That's the share game, gang. You win a few, you lose a few. What we need to do is to win slightly more than we lose, and the world is suddenly a better place. My moral in all this is: follow your instincts and don't be lazy about it. At least then, you'll only have yourself to blame. Rock on!
To find out more about Malcolm CLICK HERE
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