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.

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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 23 July 2016

One veteran sent me this note last night ... (2)



Thursday, 25 June 2015

Read? One veteran sent me this note last night ...


Even veterans can find it so difficult to time the Market after years of riding market cycles.

Time flies!

It was more than one year when he sent me that note on 25 Jun 2015. Since then, Market didn't crash or drop much.

Last check with him few weeks ago; he is still 100% out of equity market and collecting interests from short term notes.










3 comments:

  1. CW,

    Everything in perspective.

    Market did not crash much; but on specific stocks...

    I think some may have wished they had cashed out their O&G stocks last year like your veteran friend before WTI crude tanked to below USD50 early this year :(

    The same can be said for those who owned banking stocks betting interest rates will rise this year...


    Yup, to be right and sitting tight is not easy!

    ReplyDelete
    Replies
    1. I also sitting on losses on O&G stocks! Wish I have cleared all last year when I already start to be bearish.

      No too late!

      Recently have to clean some non O&G stocks with pain of smaller losses! But still I did it!

      Delete

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