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.

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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.

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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, 28 June 2015

Got Goals. Got Plans. But No Shame!!!


Keynes: "I do not believe that selling at very low prices is a remedy for having failed to sell at high ones... I feel no shame at being found owning a share when the bottom of the market comes."

Uncle8888's 10-year Goals for all to see. Ants, Butterflies and Grasshoppers are included.

Got Goals!  Got Plans

This year didn't hit the target. No shame! 

Next year, we can walk, run, jump or screw to plan to make it. No shame!

No shifting Goal Posts. No shame!



He wrote: "I do not believe that selling at very low prices is a remedy for having failed to sell at high ones... I feel no shame at being found owning a share when the bottom of the market comes. - See more at: http://business.asiaone.com/news/stock-picking-tips-great-economist-keynes#sthash.G0GHnC4H.dpuf

3 comments:

  1. Uncle8888,

    I'm just curious to know, what does the chart mean?

    ReplyDelete
    Replies
    1. Not sure. Will understand the chart better now with post 2?

      Delete
  2. CW,

    Please hor, don't include us grasshoppers.

    1. We don't use straight-line extrapolation planning. (Come to think of it, wait, do I have a plan? Yes of course! More atas.)

    2. In a bear market, if you fly with one wing (long only), the best you can do is not to lose money.

    You 10 year plan is based on "absolute returns" but the tool kit you have is for "relative returns" ;)

    Grasshoppers fly with BOTH wings.

    Ants have forgotten the art of flying after their maiden mating flight. More like the Queen conveniently don't share this truth
    with her daughters...


    My fault! I should not have encouraged you on transparency,

    Qian bei, can you put your clothes back on?

    My bad.

    ReplyDelete

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