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.

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

Saturday, 21 December 2019

Dec 2019 Investing Performance Report : 20 Years in local SGX stock market only (2)


Read? Dec 2019 Investing Performance Report : 20 Years in local SGX stock market only
The moral story of Grasshopper and Ant in the stock market

 From 2000 to 2007; Uncle8888 was the Grasshopper in the stock market and especially from 2006 to 2007 singing loudly and cheeerfully in the Summer Bull. Bom pi pi! Setting new record high one after another without injecting a single cent as capital into his investment portfolio.

 In the Summer; why Grasshopper wants to worry about Winter like Ant. Waste time and waste opportunity to enjoy the Boom!

 Then what happened after next?

 8 years of slow climb to the Peak in the Summer 2007 and just one year to rapid fall to the Low in the Winter 2009!

 Then it took another 9 long years just to recover from the last Winter and set a new record high in Jan 2018!

 10 long years of Summer!

 Ant has accumulated so much food to survive the Winter and the food is rotting in the Freezer!

 A long, long boring Summer for the Ant!

 What next for the Ant?

 Read? My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same!





Posted by Createwealth8888 at 20:13
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2 comments:

  1. Small Time Investor22 December 2019 at 15:29:00 GMT+8

    Uncle 8888

    Build a hydro pump other than 3 taps?

    Uncle 8888 can enjoy like a grasshopper while prepare like an ant.

    ReplyDelete

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