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.

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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, 16 November 2014

Outliers in investment return. In practice, you also can???


Just For Thinking ..


Someone tio ToTo $6m in Hougang. Just one winner!

Same Hougang. But not me!



Outliers in investment return can happen too. 

Headline: They made $1M from their investment portfolio!




Hmm ... 

Three ways that may happen:


1. Luck: They are extremely lucky in their timing and picks.How about beginners luck?

2. Scam: They are among the pioneers in the scam and quit long before the investment scheme was uncovered as scam.

3. Skills: They have put in at least 10,000 hours of consistent and continuous hard works to compound their investing capital through investment and re-investment in their portfolio.




Which way do you want to bet or intend to take?



Me. No luck after so many years betting ToTo. 

Highest prize won is 4 numbers. Sianz!

But, still doing it. 

Why? 

A Big Dream for just $6 per week.

A very affordable dream!





















1 comment:

  1. CW,

    I got a 10 bagger last Thursday!

    My $1 Toto quickpick tio 3 numbers - $10!

    See? 10 baggers not hard what!?


    That's half-truth accounting.

    If I add all my Toto bets starting from my 20s, I'm still pretty much under-water.

    Like you, I'll still continuing supporting Singapore Pools.

    Why?

    Got buy; got chance.

    No buy; no chance.

    If God of Wealth want to bless me, I got to at least spread out my hands to welcome him!


    LOL!

    ReplyDelete

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