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.

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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
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Monday 17 April 2017

Smart Money Grabbers over dummy investors (9)


Read? Smart Money Grabbers over dummy investors (8)

Read? Freely Pte Ltd v Ong Kaili and Others [2010] SGHC 60

In the Cyber World; whatever was done is never forgotten!

Quote:

6. The Respondent Course was conducted on 10-12 May 2008 and 21-23 June 2008 over 3 full days. During the Course, the following happened:
(a) During the 1st 2 days, the Course lasted between 9.00 am till past 5 p.m. In particular, [Dr Chiang]:
· introduced the students to the use of ‘Google Translator’, ‘Google Tools’ and ‘Google Earth’;
· played music and screened movies unrelated to options trading (e.g. excerpt from American Idol);
· used quotes from the Bible and mentioned that he and his helpers were church goers;
· taught students to do acts of meditation;
· talking about himself and his qualifications;
· told students to go to the Rolex, diamond and fashion handbag websites and imagine becoming millionaires;
· told stories about ‘Racing History’;
· promoted the sale of the Software;
· getting angry at students when they asked him to teach on options trading; and
· behaved disrespectfully to the Claimants by calling them “idiots”.


CW8888:

Uncle8888 believe most of these "Gurus" might have INITIALLY started with kind intention; but later was blinded when they discovered easy money kept rolling in like this. They began to make it bigger and bigger until one day they fell or retire or handover.


4 comments:

  1. lol ... you also experience lah lah show during your recent preview.

    1. raise your hand
    2. Grad the $50 game

    ReplyDelete
  2. Keep raising of hands throughout the session may have lead some of them to sign up. Psychological effect of agreement and endorsement. LOL!

    ReplyDelete
    Replies
    1. I think there is planted moles who kick start the excitement.

      Delete
  3. Sometimes it is quite sad that people who insists on doing things the right way didn't get a better life than those who intentionally do things in the left way.

    ReplyDelete

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