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

Wednesday, 7 January 2009

Does 3 strikes make a good bowler?

Success is your own worst enemy. Sometime, it is just 100% LUCK that you got it right. Like bowling, I am a damn lousy bowler, but sometime due to pure LUCK, I would have a strike every now and then, I have only ONE TURKEY (3 strikes) till now and never happen again. WHY LEH?

The difference between the REAL PRO and LUCKY PRO is the consistency, the real pro will have few strikes or even turkey in almost every game; while, the lucky pro may also have some strikes but often also ending the game with none.

Same like trading or investing, a few profitable ventures does not make me a real pro, made NO MISTAKES about it. PRINTED BOLD IN MY MIND!!!!
Posted by Createwealth8888 at 13:12
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