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!


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

Sunday 1 May 2011

Investing Made Simple by Uncle8888 (14)

Read? Investing Made Simple by Uncle8888 (13)

Read? Stock Market Is War - Part 4 (Re-visit)

"Bull markets are born on pessimism, grow on skepticism, mature  on optimism, and die on euphoria. The time of maximum pessimism is the the best time to buy, and the time of maximum optimism is the best time to sell." - Sir John Templeton

Uncle8888 believe most retail investors know that "Crisis = Good opportunity to do bargain hunting"; but few of them are mentally prepared to take advantage of the good opportunities presented to them when it really happens.

Advance Planning

One way is to anticipate it and do advance planning to mentally prepare our mind to look forward to such scenario and more importantly to overcome fear and to take advantage of the good buying opportunities when it really happens.

How many retail investors are doing advance planning in the stock market when they see heavy dark clouds coming? To a fisherman, heavy dark clouds mean heavy rain is coming and it is time to start packing up and covering up to avoid getting wet. It doesn't really matter whether will it rain or not.

Advance planning is to take deliberate actions to prepare for it and it is not the same as passive waiting for it to happen. Know their difference!

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