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.

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

Sunday, 19 April 2015

How To Take Partial Profit In The Bull Market???



Some of us may like to sell part of of our position to take partial profit in the bull market e.g. sell XX% as our profit taking strategy.


Uncle8888 doesn't like to downsize on his initial positions when these stocks are sitting on wide margin of safety with dream of yield. 

In our lifetime in investing; how often can we get that many stocks so right!

Not many. Right? So we happily cut some because the stock market volatility has made us so nervous and lose our sleep.

When is stock market NEVER volatile?


We must be mentally and financially prepared for market volatility throughout our lifetime in investing.


We remember these wise words

"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




How does Uncle like to take his profit during the Bull market?

Buy more of it but at much smaller position during Bull market to take partial profit!

See for yourself. 



 







But unfortunate event always seem to happen!
 



 



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