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, 12 May 2013

Is life sometime cruel to the innocent (naive, kiasi) when come to investment? (4)



Read? Is life sometime cruel to the innocent (naive, kiasi) when come to investment? (3)

Read? Believing Bullshit!








Why are many people in Singapore so gullible and still believing in Guru's Secret of Making Easy Money?

Read the above book on Chapter 2 to find out why?

Available in NLB.

Deadly Investment Sin #2

The "Guru" belief: if I can't predict the market, there's someone somewhere who can - and all I need to do is find him.

Deadly Investment Sin #6

The "System" belief: somebody, somewhere has developed a system - some arcane refinement of technical analysis, fundamental analysis, computerised trading, Gann triangles, or even astrology - that will guarantee investment profits.


Uncle8888's advice

If you are still believing in "Guru" easy money making system.

Go and read chapter 2 to find out yourself.










3 comments:

  1. I can confirm that many Singaporeans can be stupid when it comes to investing. That is why they are susceptible to being cheated. So many cases already. What to do? No Singaporeans would like to admit they are dumb. Big ego small brain.
    I am Singaporean by the way.
    Hahaha.

    ReplyDelete
    Replies
    1. From TKL's blog:

      A consumer attended a 3 day seminar and came out with this observation. He wished to warn gullible Singaporeans not to be taken for a ride.

      Read? Expensive Seminars
      and Wild Claims


      Delete
  2. They say thinking is hard work. So many people like to pay someone to think for them. But they are really a lot of people who can't think properly when come to their financial life. i pity those people. Have you come across some in your family or next of kins? Of course you have.

    ReplyDelete

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