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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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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Tuesday, 31 May 2011

Following someone investing idea? (2)

Just For Thinking ....

Read? Following someone investing idea?
Again. Investing forums, cboxes, and blogs made it so easy to know what your favourite cboxers, forummers and bloggers are doing; and you may want to follow them. Monkeys see. Monkeys do.
You may know what they are buying. What to buy is just part of the whole buying equation.
Buying = What + When + How


When you see your favourite blogger bought something e.g. a few bunches of banana and that doesn't mean it is a good time for you to buy a few banana too.

Your favourite blogger may be a 800 pounds Gorilla sitting on high level of cash and gobbling up a few bunches of banana here and there is not going to cause any problem.

But, to a small Monkey on low cash level is different. Just eating up one bunch of banana may cause indigestion if got it wrong. In the stock market, small Monkey can't behave like giant Gorilla.

When you are low in cash, you may actually want to be more patient and ask yourself serious questions.

  1. Is the current STI level at 3,XXX giving more bang for your bucks?
  2. Is the Risk/Reward justify exhausting your last few dollars?
How much?
When small Monkeys saw a giant Gorilla eating up banana after banana, they may start thinking that probably it is a good time for them to eat some too.  But, small Monkeys may have forgotten that giant Gorilla has big stomach so it is quite normal to see it eating so many time.
But can Small Monkey eat like Gorilla?

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