As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

Wednesday, 4 February 2015

Who are you and Where you were??? (4)

 Read? Who are you and Where you were??? (3) 

Concentrate to less than 20 stocks or Diversify into at least 30 stocks?

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros

Uncle8888 thinks there is no right Method.

Who are you?

Where you were? 

When your stocks turned against you and Mr. Market showed you who is the real Master. Your analysis has not been right!

Do you cut losses when you're wrong?

Your honest answer to yourself will tell you exactly what to  do.

Concentrate to less than 20 stocks or Diversify into at least 30 or more  stocks?

Read? Uncle8888, how do you find multi-bagger stock?

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