Upgraded to Wordpress ver 2.1

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I’ve have not been putting in any post for the past few days. The reason was that I was busy looking and scrutinizing through the upgrading documentation for Wordpress.

For the uninitiated, Wordpress is an open source blogging platform, and a great one at that (will be putting in a post on that soon)! And yes, I use Wordpress to power the blog that you are reading now.

Back to the upgrading bit, I have to say I was a bit jittery at first. I’ve never done any prior upgrade of Wordpress (not even those minor ones), and the change from my previous version to the new one (ver 2.1 Ella) seems to represent a big leap for me!

I had to be very meticulous of the backing up process, and made sure all the database and files were properly covered in case anything unexpected were to crop up.

All this while, while going through the upgrading process, I was really careful to make sure that the right files are not deleted.

So there I was, following the upgrading script faithfully, going through word by word.

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Mistakes and pitfalls in investment you should AVOID!

I know I’ve said this before, but I guess I shall just repeat again because I cannot stress enough how often people, even experienced investors, make such mistakes.

Before you enter investing, you must ask yourself, can you fulfill these 3 basic requirements?

1. Are you knowledgeable enough?

Do you know a lot about the company you are investing in? Do you know its fundamentals and growth prospect? Would you like to be owner of the company yourself? Are you aware of the trends in the business world?

If you are employing technical analysis, do you know enough about the technical indicators and price and volume trend? Do you have the necessary charting skills?

2. Are you able to control your emotions?

Are you able to think with a rational mind, and not let greed, hope and fear rule your head? Do you base your buy and sell decision on hastily following the crowd without proper analysis on your part?

3. Are you disciplined?

Do you follow the investing system you set for yourself religiously? Or you constantly shift your strategy just to justify your actions?

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