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.

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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 25 February 2015

The Other Lesson That Bamboo Can Teach Long-Term Investors???


Read? One Lesson That Bamboo Can Teach Investors

Read? The Amazing Chinese Bamboo Plant


The Chinese Bamboo plant starts from a tiny seed. You plant the seed in the dirt, and you water the seed. Very little seems to happen the first year. Despite your efforts, only a tiny shoot pokes out of the ground.


So…..the second year you water and fertilize and protect the seed…..Nothing happens.

So…..the third year you water and fertilize and protect the seed…..Nothing happens.

So…..the fourth year you water and fertilize and protect the seed…..Nothing happens.

So…..the fifth year you water and fertilize and protect the seed.…. Finally, during the fifth year, the Chinese Bamboo plant begins to grow. In fact, it grows 90 feet tall in just 6 weeks!


The question is, did it grow 90 feet in six weeks or in five years? 

The answer, of course, is that it grew 90 feet in five years. It took five years to grow the root system that would one day support a 90-foot plant.


Uncle8888's investing lesson from the Bamboo:

He has been waiting patiently for 5 years to grow the root system that would one day support a 90-foot plant.

Guess what is his root system?







 Less analyzing. More investing - Createwealth8888










Still nothing happens.

Waiting since 2012!


 






















3 comments:

  1. cheem
    u waiting for market to crash?

    ReplyDelete
  2. "Still nothing happens.

    Waiting since 2012!"

    Wah! So early meh?
    Ya lol, i'm worse.
    Since 2010 slowly till now lol.

    So assets allocation or 100 % in stock is better?
    i still think (think only) 100% in equity is feasible if you can live on the dividends generated.
    Maybe 1 to 2 million $ stock portfolio. No?

    ReplyDelete

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