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.

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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

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Thursday, 21 October 2010

Good Part -Time Business To Own (3)

Read? Good Part -Time Business To Own (2)

BTW, have you been to Singapore Wet Market? If you have been to a wet market before visiting stalls selling fishes. You may then understand my part-time business. Quite similar.




She will wake up at middle of night and travel to the Jurong Fishery Port Wholesale market to pick her favourite fishes and buys them at lower price and goes back to her stall at the wet market and sells them at higher.

On some day when the price of the fishes are cheaper she will buy more; and when the fish prices are higher she will buy less. She also prefer like to buy her favourite fishes as she have more confidence that these are types of fishes that her customers will like to buy and are willing to pay them at higher price.

Technically, I am doing the same thing in my part-time business. I am buying my favourite fishes from bears and anticipate that the bulls are willing to pay higher price for them. Any different from the fishmongers at the wet market?

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