I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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"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

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Friday 9 October 2015

What Can We Learn From Fishing - Pond and Shore Fishing???


Uncle8888 has done Pond fishing only once and no more. He loves Shore fishing. He also avoids doing Boat fishing as it will become an expensive fishing hobby for him.

In Pond fishing, we will know that there will be fish at anytime as the pond operator will release enough fish at designated timing to ensure that there will be fish in the water. So it is like investing in S-REITs or dividend income stocks of high dividend payout ratio of 80% or more.

How about Shore fishing?

We will never know there are fish around there or not. Most of the time, we may wait for so long but catch nothing. So it is like catching Growth-dividend stocks?

Life of fisherman is tough! 

Patience may not worth a cent!

Sianz!

 
Posted by Createwealth8888 at 07:22
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7 comments:

  1. Unknown9 October 2015 at 10:45:00 GMT+8

    It's quite clear that you are very disappointed with the unexpected upswing and was looking so forward for a major crash. Is the upswing sustainable or just a dead cat bounce?

    ReplyDelete
  2. Unknown9 October 2015 at 10:45:00 GMT+8

    This comment has been removed by the author.

    ReplyDelete
  3. cookie9 October 2015 at 12:19:00 GMT+8

    Thats y i keep emphasing like a broken tape recorder the benefits of creating a portfolio which produces dividends every mth. Just keep on buying even mth as they come in regardless of up down.

    ReplyDelete
    Replies
    1. Createwealth888810 October 2015 at 08:16:00 GMT+8

      Cash flow. Cash flow. Cash flow. Go with the flow and relax somewhere. LOL!

      Delete
    2. cookie10 October 2015 at 08:30:00 GMT+8

      Yeah. Why bother with things that no one has the answers to? Play cash flow game, the flow gets more n more, regardless of principle sum fluctuations.
      N Doesnt stop even when the owner dies...ie it can be given to the next generation.

      Delete
  4. Unknown9 October 2015 at 13:39:00 GMT+8

    Both need patient and discipline.

    ReplyDelete
  5. Createwealth888810 October 2015 at 08:16:00 GMT+8

    Shore fishing need lots of patience and must be able to take disappointment of emptiness feeling.

    ReplyDelete

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