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!


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

Saturday 9 January 2016

In the Bearish 31 Dec 2008 : Who Took My Wealth? But, 7 Years after 2008, In 9 Jan 2016 ....

 

SMOL: Sometimes it is better to ask those coming down the mountain than those who are still climbing the mountain.

 

 

On Wednesday, 31 December 2008


 

What did you sense from his blog post on 31 Dec 2008?

Despair, Regret, Frustrated, Demoralizing, Feeling of stupidity of setting Goals that he has no control, Shattered dream, ....

So Gloomy!

The future of his investing looked so bleak! It looked like he was not going to meet his goal of Financial Independence. He should stop dreaming and get real! (Hmm ... Grasshopper wasn't around at that time in the cyber world to poke him. Yeah!)


But, now in 9 Jan 2016 ....

What Uncle8888 has been posting in the last few years?

See the difference?


Despair?
Regret?
Frustrated?
Demoralizing?
Feeling of stupidity of setting Goals that he has no control?
Shattered dream?

 .....

What is the Moral of The Story?

Don't give up in investing!

Stay committed. 

Revise and revise your investing strategies. 

When it becomes too obvious, have your plan to cut losses to consolidate cash for your war chest. Be brave!

In Crisis, there will be plenty of opportunities to implement Switch Horses strategy from dying horses to sick horses. Dying Horses are more likely to be dead while sick Horses can still recover and gallop far and far away!

Wait for ... Read? Investing Made Simple by Uncle8888 (29)

Have your stock portfolio down a lots recently?

So what do you think now after reading?


5 comments:

  1. The present wisdom is a derivation of past wisdom-less! Key of evolution : do not give up and be back next time strong!

    ReplyDelete
  2. What do I think after reading?

    You are one of the most prolific and well organized financial bloggers out there!

    I mean if you declare you are no.2 in labelling and organization of your posts, no librarian will dare say they are no.1 !

    You got a bloody encyclopedia here ;)



    ReplyDelete

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