As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 14 March 2009

Trading/Investing - Are you winning or losing?

Value of time <---- read it if you wish

PiggyBank asked: anyone of you investors are winning or losing?

Well, it depends on the value of time - your time frame.

If you are day trader, at the end of each trading day, you will know whether you win or lose.

If you are not a day trader, probably, at the end of each month, you will either win or lose.

But, if you are die hard value investor, probably, you will have 8-10 years to know whether you make it or not.

You set your own time frame. Only at the end of the time frame, you will know you make it or not. In between you are just fine-tuning your strategies to progress towards your investing goals or depleting your wealth and working for free; or alternatively your opportunity cost is putting your money in fixed deposits.

For me, another 2.5 years will be the final answer for $1M question: What will you be in another 2.5 years:

A) Reach Financial Independence, out of rat race and become a SUPER PIG.
B) Still a PIG lost somewhere in the financial maze.
C) Revert from PIG to RAT or COW.
D) Becoming a BEGGAR
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