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

Friday, 26 December 2014

Return My CPF. DBS 188% Total Return over 6 Years! Round 18: Sold @ $20.31 (2)


Read? Return My CPF. DBS 188% Total Return over 6 Years! Round 18: Sold @ $20.31

Lady, You Can Be Free

Hi CreateWealth8888,

My lessons learnt is not so much about following. I knew when I picked it up that our favorite blogger got this at a very very cheap price. I think my bigger challenge is knowing when to let go before it sinks into a very pathetic state. I have a problem of letting things go. Maybe need to watch many times of Frozen :-).

Can you share some wisdom of how you typically let things go so that me and all our readers can learn from you !!!



Most of us will hate losses! Including Uncle8888

Somehow we need to take some losses in order not to lose our sleep in waiting. It is easier to sleep better hoping for recovery with smaller position sizing.

Size matters! Losing too much can cause heart attack!
 
See what he did in 2008 in order not to lose his sleep and having more nightmares.

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