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.

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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 15 August 2010

Fundamental or Technical Analysis? - Revisit 3

Arising from Genting stock price surge, there was another long debate on FA and TA stuff and someone (if I am not wrong, he is a market senior citizen) concluded that FA and TA are just crap.

I tend to agree and I think that I am not alone on these.

"Much of technical analysis is magical mumbo-jumbo that people think will tell them where the markets going. And it never will. It's just a bunch of nonsense. Unfortunately, I've also participated in it" - Larry Williams

Read old posting on? Who is Larry Williams?
 
"I am no longer an advocate of elaborate techniques of security analysis in order to find superior value opportunities." - Benjamin Graham

Read old posting on? What did he really say?
 
Read old posting on? Hey! You can't combine FA and TA - III
 
Read old posting on? Analyst's Company Report or DIY analysis? - It is just numbers guessing game and you can never, never get it right most of the time.
 
These are the reasons when I become more experience and more savvy in investment, I realize that I have to spend less time on stock analysis - TA and FA and still get positive returns from the market. This is known as investment productivity gains - more returns per unit time spent on stock analysis.
 
If you keep spending more and more time on stock analysis, then your investment productivity is low. It is time for you to wake up and improve your investment productivity.

Investing should be simple (not easy hor!) once you become savvy and experience in investment strategies and doing it well shouldn't be consuming so much of your life doing it even though you can claim you are enjoying it but can you confidently say that your family are enjoy it too? Stop kidding! This may be a big joke to them. Give a serious thought on it especially when you have young kids!

Improving your investment productivity is the way to go!

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