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

Monday 5 July 2010

Do Hungry People Take Bigger Financial Risks? - Part 3

Do Hungry People Take Bigger Financial Risks? - Part 2

"CAGR is your Speed-O-Meter in your investment marathon race" - Createwealth8888

$200K to $1M - Full Marathon
$500K to $1M - Half Marathon
$750K to $1M - Quarter Marathon

$200K to $1M - Full Marathon

You can't walk a Full Marathon, you have to run most of the time; may be occasionally can jog or walk.

Even you can reach the finishing line by walking the Full Marathon; but you will find that all marathon officials and other runners are at home sleeping liao.

$500K to $1M - Half Marathon

You can run or jog.

$750K to $1M - Quarter Marathon

You can even walk.

The moral of the Story

Know your own marathon race and check your Speed-O-Meter. When you need to run most of the time then you better not walk for too long.

No comments:

Post a Comment

Related Posts with Thumbnails