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

Sunday 27 March 2011

Shocking Truth on some Stock Gurus!

Just For Thinking ....

Like most Sundays, I was flipping through thesundaytimes papers at air-con KopiTiam while having breakfast with Kopi-O siew dai.

As usual there will be some Stock Gurus advertising how easy they can teach you to make money from the stock market and you can reach financial freedom by following their method but firstly you have to put $X,XXX in their pocket.

On Pg 3, I can't really miss reading off the bold-worded of easy trading in the stock market.

Let recall what did I joke about ... Read? Hey! Are you good at stocks? (2)

Getting an education in University of Stock Market is like this:

  • Successfully completed ONE cycle of a) bull-bear-bull or b) bear-bull-bear
    • Awarded BSM (Bachelor in Stock Market)
    • Made tons of money - 1st Class Hons with Distinctions
  • Successfully completed TWO cycles of a) bull-bear-bull or b) bear-bull-bear
    • Awarded MSM (Masters in Stock Market)
  • Successfully completed THREE cycles of a) bull-bear-bull or b) bear-bull-bear
    • Awarded Ph.DSM (Ph.D in Stock Market)
Here come the shocking truth in Pg 29

A PSLE guy in the stock market teaching newbies at a fee on subject even BSM or MSM may from time to time having problem to earn decent returns from the stock market.

Beware! Financial education is not a regulated market. There is no minimum qualification or experiences required to claim that you are a stock, financial or investment genius. Anyone can claim that they are the like of Tiger Wood in Golf or Warren Buffet in Investing.

Hard Truth on making money from stock market - Real Person that I have know

Few days ago, I have learnt that one woman who was doing well and making good CAGR of 2X%+ during 2008 till mid 2010; but recently her CAGR has dropped from 2X% to 11% due to lack of actions in the stock market as cash on hands doesn't generate the desired returns. She is still doing her Primary so it may be expected.

1 comment:

  1. Ha ha! I like the way you can share the "truths" in a clear and simple way!


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