I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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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

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Friday 8 April 2011

Marathon and Investing

Marathon

In Marathon, everyone is allowed to run his/her own race.  Yes, there are some runners who will compete with each other to see who is the real champion. But, there are more runners who are there at the Marathon just to run their own race. They will do it at their own pace and timing. They are not there to compete who is the best. When they have completed the Marathon, they are happy and satisfied. Still, there will be many who have tried but failed and drop out of the race. Some may even injure themselves.

Does Investing sound similar to Marathon? What do you think?

3 comments:

  1. CW,

    Agree. No one is so altruistic to tell you how to double your money for free. SO called 'gurus' make more money from training classes than from investing. If they are that good, they would not need to teach. I think you know who I am referring to. If they are really sincere in sharing, charge nominal, say $100 or $200 to cover cost, if they are so passionate about sharing. When they charge in terms of thousands, only suckers will bite.

    ReplyDelete
  2. If Peter Lim conducts investment lessons, he may need to book Indoor Stadium. LOL!

    ReplyDelete
  3. The fact of the matter is, he does not need to earn a living from training and he would rather keep his tactics to himself, which is perfectly understandable.

    ReplyDelete

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