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.

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

Saturday, 28 September 2013

3M's - Method, Money, Mind (4)



Read? 3M's - Method, Money, Mind (3)

Read? 4 Money Mindsets: Which Is Yours?


Uncle8888 belongs to the group of Perfectionists in the financial planning personalities who are not in the main stream of retail investors' mindset.

Perfectionists tend to .....


  • Think too much.
  • Plan too much.
  • Track too much
  • Measure too much
  • Concern too much
  • Goals too many

... excluding Analysing too much (This is Uncle8888: Less Analysing. More Investing)








































Mind

Read? The 3 Ms Part 3 - Mind (The ring that rules them all)

SMOL said: The ring that rules them all!

When it comes to investing our hard-earned money, most of us may know deeply in our heart, it all about controlling our Mind over Greed and Fear




















across market cycles of Bull and Bear to reach our long-term investing Goals.





Our Mind will always be in conflict with our Money and Method whenever there is too much uncertainty and volatility in the market as most of us are likely to fear losing too much money or losing our gains back to the market.

No Goals. How?

For those who don't have any definite long-term investing Goals, your Mind may be more towards to the favour of the day or favour of the week in the market.

You have to act upon what in your Mind, Money and Method.

Cannot have conflicts to win. Right?








See the difference?

Who are you and mind your 3M's?




 



















 
 
 

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