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.

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Value Investing
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Saturday, 22 September 2012

Oct 2007 vs. Oct 2012. What will I do differently this time?


Read? Chasing the last $100K (last mile) and may fall hard!

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros


This time, I will not forget the teaching of George Soros.

I will not chase the last milestone of Financial Independence Target.

Five lost years and back to where it was at Oct 2007; but with the effect of five years of inflation; the purchasing power of the portfolio value is lesser.



"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros

WISE WORDS!!!


3 comments:

  1. CW8888,

    This time round (2013??) would you sell all when major markets at dead cross to relaize your profit and protect your wealth?

    And buy back again @ golden cross to start a fresh.

    Someone call this Market Cycle Investing.

    Wishing you all the best to reaching your $1M goal safely. Better late than never.

    Cheer!


    ReplyDelete
  2. But, history tells us that once a Bull market started; it tends to last a long time.

    How to time the Bear market?

    ReplyDelete
  3. I suppose the investment clock, together with the death cross (50 vs 200), have been pretty accurate more than 85% of the time from its historical data over 100 years.

    ReplyDelete

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