As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons 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

Sunday, 15 July 2012

How and when to buy stocks is not the most difficult part? (2)

Just For Thinking ...


Read? How and when to buy stocks is not the most difficult part?

 
"mindset! totally agree with you ...
care to share how u conquer yours? thanks!"



Read? Understanding Prospect Theory - Re-visit


The Moral of the Story ..

Most of us scare to lose money or giving back some winning money on the table.

Read? Reading This Won't Make You Great!

WHY, WHY, WHY???

Most of us may read financial and investment books, articles, or even blog posts hoping to acquire more knowledge to improve our investing or trading skills.

Even after you read something that you strongly believe it is working right or true; you may not be able to transform your investing behaviour to the desirable state of emotions to achieve your investing goals.


Retail investors must learn this lesson from the World's greatest investor in our time ...

“To invest successfully over a lifetime does not require stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework” - Warren Buffett, World’s greatest investor
 
Do you have your own sound intellectual framework for decisions and the ability to keep emotions from corroding that framework?
 
 
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.- Warren Buffet


That is Warren Buffet's Rule on money management.

I have modify his Rule to become:

Uncle8888's Rule No 1: Don't lose my capital. All stocks are risky except pillow stocks!


To understand this Rule, read these at your own time and own target. Happy reading or don't bother reading!









Read? Uncle8888's Portfolio Management


Read? Uncle8888's Pillow Strategy





 
 
 




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