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
Even with a single household income with five mouths to feed; it is all about prudent family expenses budgeting and spending XX% of LAST YEAR's net bonus (after deducting income taxes) and adjusting for this year and next year economic outlooks and forecast.
ReplyDeleteDon't ever get caught by liquidity needs and get squeeze so tight that we have to cut losses to lock in negative return. That is terrible!
Sometimes I think that uncle is lucky for singaporean expansion of immigratory plans and capital expenditure in the early noughties.
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