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, 18 January 2014

It is more than just being lucky!!!


Just For Thinking ..


It is more than just being lucky!!!

The truth is ...

It is more of living with regrets and often feeling stupid!


Why?

Hindsight wisdom. We are full of it!






5 comments:

  1. To get lucky with ToTo Jackpot. You just need to pay $1!

    To get lucky with stocks, you will need to pay them with regrets, squeeze your balls or bang your head!


    ReplyDelete
  2. Agree! But then hoh, it's easier to get lucky with stocks or T0T0?

    ReplyDelete
  3. temperament,

    In percentages or baggers, it's much easier with Toto ;)

    I'm sure most of us have bet 50 cents Toto quick pick and won $20? How many baggers is that?

    Stocks I've yet to get a 10 bagger :(

    But then the truth is I didn't spend 50 cents to buy Toto to get the $20 winning. I spend hundreds accumulated before I won that bloody $20!!!

    That's why it's so funny to read the discussion on how to calculate the annual returns. Some develop amnesia on their early losses and only calculate from the year they made profits.

    LOL!

    ReplyDelete
    Replies
    1. I have lost many ToTo QuickPick $3 for years and the highest number won is 4. KNS!

      But, I will not give up hope.

      Hong Bao Draw coming!

      Delete
  4. SMOL,
    i agree.
    Remember the driving instructor's advertisement about "Listen only to the good Things".
    People like to forget or pretend to forget :-

    "The absolute return or simply return is a measure of the gain or loss on an investment portfolio expressed as a percentage of invested capital."
    i always believe i have to base on absolute.

    That's why i track my stock portfolio with a Virtual Cash Fund that's large enough to never go to negative. Make my life simple.

    ReplyDelete

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