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 20 December 2010

As newbies, did you come thinking of becoming Rich in the Stock Market is easy?

Fortunately, unlike some newbies to the stock market, I came to the stock market with fears and doubts and also as a secret activity similar to keeping a mistress and not letting my wife knowing it; otherwise the hell will break loose.

Read? Harsh lessons from 1997/98 and 2007/08 stock crisis

1 comment:

  1. The problem with most stock investors is simply a lack of confidence. When buying the stock in a company your conviction that the stock of the company will increase in value over time because of the faith that one has in the prospects for the business. If I am just focused on the day to day movements of the stock price that I own than all that I am doing is hoping for a positive gain in my stock just like gambling going to a slot machine putting my money in the machine and hoping that I will have more money at the end of the day than I had at the start of the day. And hope is not and never will be a investment strategy.


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