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!

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"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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Friday, 29 April 2011

When the Market moves, Are you ready for it?



The market hates uncertainty

When I am faced with market uncertainty and need to restrategise, I will always fall back to those investing lessons that I learnt from my sifu (retired ex-colleague many years back) who has only lost his money twice in stock market in 1987 and 1997/98.

"Better to REGRET not making more than to be SORRY of losing it BACK!" - Sifu of Createwealth8888

I may have to step up my selling program to recover more of my Capital to fight the next battle. As investor, I have to be wise and know what to do next as market hates uncertainty.
Posted by Createwealth8888 at 07:48
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5 comments:

  1. Anonymous29 April 2011 at 19:23:00 GMT+8

    Hi Uncle 8888
    If the market heads south and you feel the pinch, that means you are over-invested. No?

    ReplyDelete
  2. Anonymous29 April 2011 at 19:36:00 GMT+8

    Hi CW,
    "Better to REGRET not making more than to be SORRY of losing it BACK!" - Sifu of Createwealth8888

    I have been trying the above for all these years.
    UTD verdict is:- Always regret buying & selling too early.
    But this regret is O. K. lah, as long as I am making money for each "cycle of BULL & BEAR"
    If anyone get caught by the Bear, hope he can ride it out until the next Bull appears.
    My actual regret was mixing up speculations with investments: short-term trading with long-term trading. And also choosing the wrong stocks to speculate.
    Another way to look at it is I was "KK" after making some money from the market.
    So now I understand WB's saying:
    1) Rule NO. 1 in the market, don't lose money. 2) Rule No. 2 refers to NO.1.
    It's not to late to pass my "practical experience" to my son. Ha! Ha!
    Hope he will listen and remember to practise so he will not repeat my mistakes.

    ReplyDelete
  3. Createwealth888829 April 2011 at 20:13:00 GMT+8

    Read? Undersstand Portfolio Management

    Are you over-invested?

    ReplyDelete
  4. Dividend Tech Warrior1 May 2011 at 11:21:00 GMT+8

    Hi CW,

    Always good to have some cash on hand.

    It is also good to make ur portfolio as strong as possible.

    During the recent Japan earthquake, my overall portfolio is still in the green. ^^

    ReplyDelete
  5. Anonymous1 May 2011 at 16:21:00 GMT+8

    Hi,
    "During the recent Japan earthquake, my overall portfolio is still in the green."
    I agreed totally. But it's really scary. My portfolio's profit plummeted like WW 2 Japanese bomber suicide squad. It did not stop until left 50% profit. Many people brave enough had bought some stocks.I was tempted but I am in the process of withdrawing slowly from this market. For those brave souls, they should be congratulated.

    ReplyDelete

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