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

Tuesday, 19 July 2016

Leave A Few Eggs In One Basket???


You often read or read these advices from investment Gurus:

Don't Put all your eggs into one basket

or

Don’t Put all your eggs into one basket

How about something new to digest?


How about Leave A Few Eggs In One Basket?


Read? Uncle8888, how do you find multi-bagger stock? (Re-visit)

Updated with GLP; the new number is 56!


How do we put our eggs in the basket?


Put all eggs or Don't Pull all eggs in one basket?

How did Uncle8888 put all his eggs into one basket?


He went out to find as many eggs as he could find. As of now, he has found 56 eggs!

He threw away most of his eggs and leave a few eggs in one basket and watch it closely.

The Moral Of Story ...

Start with Diversification and then end with Concentration.

Too Chim?


















3 comments:

  1. Hi Uncle CW,

    I want to put all eggs in one basket if it's a winning basket and put less eggs if it's a losing one, haha. I guess you found your winning baskets!

    ReplyDelete
  2. Create wealth through short term trading and much much longer trading

    ReplyDelete
  3. Ha! Ha!
    Another way to look at the basket idealogy is if you have found 2 "iron baskets".
    You can always deposit and withdraw eggs from these 2 baskets quite safely.
    But you still have to choose you eggs carefully - No bad eggs hoh!

    ReplyDelete

Related Posts with Thumbnails