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
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Sunday, 21 November 2010

Punter takes stock and prospers after losing money

invest, thesundaytimes Nov 21, 2010

I can't help and notice that my investing strategy is quite close to that of Mr Brennen Pak.

  • Focusing on Singapore stocks.
  • Building portfolio mainly on Singapore blue chips.
  • My average yearly dividend income excluding realized P/L from short-term trading is 5.8% of total capital (based on total of long-term and short-term capital)
  • Holding a few multi-baggers.
  • During a market run-up, I may divest myself of stocks that I don't wish to keep for the long term and keep cash as a war chest for future market dip.
  • Investing in stocks using money that is not needed for the next 5 years or more.
  • Not investing in property but still prefer to invest in stocks as I love multi-baggers and made me feel so shiok!
  • Not owning a car.
Except I have no business. May be I should start thinking ...


Posted by Createwealth8888 at 21:40
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1 comment:

  1. Lizardo22 November 2010 at 21:57:00 GMT+8

    In Robert Kiyosaki's concept in "Rich Dad, Poor Dad", I guess you're probably still an (E)mployee, and is an (I)nvestor. But not yet a (S)mall business owner, or (B)ig business owner yet?

    ReplyDelete

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