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

Realized or unrealized losses??? Does it seriously matter??? (2)



Read? Realized or unrealized losses??? Does it seriously matter???


No stop loss!


Is Uncle8888 suffering from loss aversion and disposition effect too?


No stop loss?

If you have a worry problem, do these three things:

1. Ask yourself: “What is the worst that can possibly happen?”
2. Prepare to accept it if you have to.
3. Then calmly proceed to improve on the worst.”

(Carnegie 49)


1. Ask yourself: “What is the worst that can possibly happen?”

Lost 100%

2. Prepare to accept it if you have to.


Only invest those money that is not required over next 3 - 5 years

3. Then calmly proceed to improve on the worst.”

We are seldom right in our stock pick.

So when we are lucky to be right. Be brave. Sit tight and win big!

We must win more XXX% to offset few 100% losses.


Let your winning spirit takeover and huat!





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