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
CW,
ReplyDeleteAfter 20 years, those who choose "craftsmanship" path will be their own shepherd. Maybe even land owner. But the road is definitely NOT EASY! Some will fail miserably too...
Its not the path for those who believe in anyone and everyone! Just ask those CPIS investors who lost money using CPF to invest :(
Those who choose the "sugar daddy will take care of me" route, well, after 20 years, they will be still asking, "What stocks to buy huh?" or "At this price can buy?" Its 1st year experience times 20. No personal growth when it comes to financial acumen :(
But then, its hard to "lose" money since its "savings" - not "investing" ;)
Except maybe must pray hard there's no regime change, moving of goal posts, and/or run away inflation...
Fully agreed. It is "craftsmanship" path and will years across market cycles to learn it.
DeleteSomething like this quote: “Do. Or do not. There is no try.”
Ah Gong enforces 35% rule for asset allocation for riskier asset; it is really part of money and risk management. After mortgage loan if using CPF OA; for many of us, CPFIS is not a large war chest.