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

Sunday, 14 January 2018

Building Net Worth For Retirement : Lifetime Of Earned Income As Employee, Investment Journey Of Winning And Losing And Then Into Retirement Distribution Phase


For those who can appreciate Waterfall chart!

This one chart tells the complete story of Uncle8888 on how he has built his net worth from lifetime of earned income after tax for 39 years as employee from Aug 1977 to Sep 2016; and 18 years of investing journey from Jan 2000 till now through several market cycles of Boom and Doom suffering large losses as well.

It is a investing journey of pains, doubts, and learning!

When we lost too much in the Bear market; and we will be spending the next Bull trying to recover from large loss just to break even. Is this called investing? LOL!

Why timing the market and time in the market are very important?

When you spend too much time in the market with your stock holding BUT too little cash on hand in the Bear market; you are going to cry sooner!

Dividends are just Panadols to ease your heartache and headache!






7 comments:

  1. CW,

    Few tell the "truth" like you do ;)


    Some others also share this "truth" obliquely through their yearly capital injections into their portfolios - and that's the biggest source of their compounding growth!

    The rest is if you don't ask, I don't say ;)



    ReplyDelete
    Replies
    1. The fastest known way to break even is to regularly inject capital into investment portfolio.

      Delete
    2. That's why must measure ROI! Portfolio figure does not tell the full story.

      Delete
  2. To me, whoever haven't seen his portfolio loss to the tune of mid six figures(5o% of total sum) and still can keep calm, has not really understands what the market can do.

    Of course, in relative terms 50% loss of any portfolio is a serious matter.

    It can stop your heart from beating anymore, U know!

    Or beats very fast daily till U got heart attack or stroke.

    From WB U can see what he says about this 50 % loss lol.

    Until U have experienced it and U have survived, U have not been investing in the stock market, to me.

    Actually i had chickened out in 2008/2009 March; if not i would have made much more money now due to Special QE's phenomenon market?

    And maybe Trumpetnomics(Tax cut economy)?

    But who knows even now the market is still climbing?

    That's the beauty of the market.

    If U can't appreciate it , U should not be in the market in the first place.

    Of course U must pass the 50% loss test first, then i think U will surely come to appreciate the beauty of it all.

    High IQ may helps but a little more EQ maybe better.

    My IQ is below AVG.

    So is my EQ not much better.

    But i stay and stay in there till now.

    Shalom.

    ReplyDelete
  3. Alamak ... don't remind me .... I spent 2009 till 2012 getting back to breakeven ... I'd still call it investing. Although it felt more like slog-vesting LOL!!

    Talking about time & markets ... I discovered since 2010 that there is an optimal amount of time for me (my mind) to spend in the markets i.e. analyzing & studying etc. Too much overthinking & I tend to underperform. Just go with the flow & focus on the big stuff & I do ok. So it's been a case of think less ... make more... LOL!!

    ReplyDelete
  4. So U have seen the "Devil" and still not afraid?

    Of course!

    If not U won't be still breathing normally and almost laughing now about it.

    That's also the beauty isn't it?

    ReplyDelete
  5. Once U have built a CPF's Perpetual Annuity like CW, U are quite O. K. already.
    (Market crashes or not who cares or really worry?)

    And he has done it as a single-salary household, supported 3 kids to U too.

    Amazing!

    ReplyDelete

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