As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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



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Value Investing
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Technical Analysis and Charting
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Sunday, 12 July 2020

How Well Will We Play The End Game On This Game Of Capital In The Market?


Read? Greatest Traders vs. Greatest Investors??? (Refresh)

Read? John Paulson, Winner in 2008 Crisis, Latest to Quit Hedge Funds

CW8888 : Peter Lynch has played his end game very well!

Peter Lynch (born January 19, 1944)[1] is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund[2] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return,[3] consistently more than doubling the S&P 500 stock market index and making it the best-performing mutual fund in the world.[4][5] During his 13 year tenure, assets under management increased from $18 million to $14 billion.[6]

He also co-authored a number of books and papers on investing and coined a number of well known mantras of modern individual investing strategies, such as Invest in what you know and ten bagger. Lynch is consistently described as a "legend" by the financial media for his performance record,[6][7] and was called "legendary" by Jason Zweig in his 2003 update of Benjamin Graham's book, The Intelligent Investor.[4]

Read? Investing - Game of Snakes and Ladders????

Playing The End Game On This Game Of Capital In The Market

This is how Uncle8888 playing his End Game on this Game of Capital in the market i.e decisively to END the power of compounding effect on his investment portfolio!

Say NO to Compounding!

35% of his own savings used as investing capital since inception of investment portfolio in Jan 2000 has been transferred out from his investment account to saving bank account to fund household expenses up to 2022.

Read? Two Bank Accounts? No, You may need Four! - (6)





















4 comments:

  1. Uncle8888,

    When you've made it, why take risks huh? ;)

    Why does anybody want to take financial risk?

    Need. Ability. Willingness.

    Add diversification (or money mgmt) to the mix.

    My own observations of friends, parents, relatives show that there is a tendency for younger people to take on more risks than they know they can handle. While old folks tend to take on more safety than is reasonably required (can be good for their younger descendants! :P).

    My dad puts 98% of his liquid networth in FDs & other cash-like equivalents. He uses 2% to trade forex, local stocks & futures. I ask him how's he doing? He says ok lah! Can break even & earn a bit extra pocket money. I tell him Very good!

    I think the gains in exercising his brain cells & keeping dementia at bay is worth far more than whatever pocket money he squeezes out of it! :P

    Unfortunately or fortunately, we are shaped & driven by our own past experiences and ongoing emotions, rather than cold calculating rationale and facts & figures.

    It's hard to strike a balance, especially if you are in the aggressive stage of capital growth. Give in to feelings & emotions and your investing suffers. Become cold & calculative and your spouse/kids complain. LOL!

    Many of the greatest (and not so great) investors / traders have terrible personal & family lives. Only after they've amassed an amount that they think is "sufficient" do a semblance of more balanced behaviour appear. The difficult part is keeping the family & relationships whole, from the starting line to the "ok, I think I'm satisfied" line.

    ReplyDelete
    Replies
    1. Agreed! Trading to pass time is actually good mental exercise for seniors and also a measure of greediness discipline i.e. maintaining account size relatively very small! Win kopi money or just lost Coffee making machine. LOL!

      Delete
  2. Zero commission trading in HK liao.

    Singapore coming soon? Lol.

    Now Poems forced to follow Tiger Brokers and reduced commission to 0.08% with no minimum.

    But as the Bloomberg article noted ... may not be possible to have zero comm in HK permanently (currently being subsidised by huge number of mainland accounts). Singapore will be even tougher.

    ReplyDelete
    Replies
    1. Good for seniors to trade for kopi with the cost of Coffee making machine in this account.

      Delete

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