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.

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

Thursday, 30 May 2013

Minimum of 10,000 hours hard work (2)

Just For Thinking ...


Read? Minimum of 10,000 hours hard work

How many retail investors are willing to put in a minimum of 10,000 hours hard work into their investing journey to make it a success?

Most of them are just willing to save more and invest money instead of spending some more quality time into acquiring investing knowledge and skills to survive in the market.


Putting avearge of one hour per day of learning and soaking into financial news etc ...

You will become expert in 27 years across 4-6 market cycles of Bull and Bear.


Putting average of two hours per day of learning and soaking into financial news etc ...

You will become expert in 14 years across 2-3 market cycles of Bull and Bear
.
(Uncle8888 is in this stage of learning)


Putting average of three hours  per day of learning and soaking into financial news etc ...

You will become expert in 7years across 1-2 market cycles of Bull and Bear.


"Tell a man there are 300 billion stars in the universe and he'll believe you. Tell him a bench has wet paint on it and he'll have to touch to be sure." Murphy


So did you see stars or bench?








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