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.

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

Friday, 17 June 2016

His Retirement Income (2)


Read? His Retirement Income
























Uncle8888 caught up with this guy for an update on his tracking
and the conversation went something like these ....

CW8888: How is your tracking? Can show me?

Guy: Tracked for sometime. Now, stopped tracking. No mood. Sianz! Keep losing on soccer betting!

CW8888: Har! Thought you sibei chun on your betting. You said soccer betting is your "PASSIVE" income. Tracking liao. Bo chun?


CW8888: Human nature is like! Win money can remember and talk loud! Lose money. Tiam tiam and forget it. Like that. You forever made money.

Uncle8888 took the chance to super poke him ...

CW8888: Wah! You give away $10 and win $5. Sibei tok kong!

CW8888: Now, you give me $10 and give you $5 and broadcast for you in the Internet; you sibei tok kong in soccer betting!

CW8888: lai lai. LOL!


The very human nature at play. Win money talk louder. Lose money tiam tiam.

Sometime, Uncle888 tries to understand why some people refuse to track and measure their performance closely. Ego at stake?

He is close to 60!

Human nature doesn't change with age!












8 comments:

  1. Good things of course must show off mah hahahaa. if something bad happen must keep low, if not very pai seh de leh

    ReplyDelete
  2. CW,

    Now everything is also passive income???

    Soccer betting!?

    Usage of "Passive Income" reaching bubble stage?

    Shhh....

    ReplyDelete
    Replies
    1. I also said...

      Since when betting soccer is passive income? lol

      Zzzz...

      Delete
    2. Watch soccer matches and make $$. Should be passion income and not passive income. LOL!

      Delete
  3. In money matters, must track one.
    If no track how do you know where you are now?
    If you don't know where you are now, it means you are lost somewhere.
    If you are lost somewhere, how to get to the place you wanted to go?
    Actually i have no "fixed place to go".
    i just have to know where i am now to continue my journey to the "no fixed place to go".

    But i started to track my money seriously when i started investing in the stock market at age 40.
    It's never too late to start.
    "It's better late then never", they said.

    ReplyDelete
    Replies
    1. temperament,

      I almost made a fool of myself.

      Wanted to poke you since you have "no fixed place to go" - why do you need to know where you are?

      Then I paused, think about it for moment, eh? Got mind-fxxxed!

      You man of the cross don't play play. Got some serious Zen ink in your stomach!

      Lucky I never poked you!

      LOL!

      Delete
  4. Ha!Ha!
    The only fixed place to go for us, Christian is the "promised land" after we pass through this land on Earth.
    This is like a powerful magnetic compass that reminds us from time to time if we stray or wander off too far from the place we wanted to go.

    ReplyDelete
  5. Human nature indeed.

    But if one is not honest with him/herself, one will not be able to learn. Especially important for newbies, for they have much to learn.

    Still painful though to see tracked results all red red :(

    ReplyDelete

Related Posts with Thumbnails