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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Thursday, 26 May 2011

Playing The Game of Leverage (7)

Read? Playing The Game of Leverage (6)

I want to double up my money

Now, you have heard that the simple and fastest way to double up your money is by leveraging 10:1 for 10% returns on your borrowed capital.

But, in the investing world, there is no lunch either. Instead of getting free lunch, you might become the free Lunch for others.

If for whatever reasons that you still want to double your money, so how?

A more difficult and longer way without leverages is to use its cousin : Rule of 72

Read? The Best Secret in Investment and Trading – Compound Interest

Can you double up your money?

Yes, you can!

Just follow your heart and do it your way. No absolutely right or wrong.
Posted by Createwealth8888 at 08:18
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1 comment:

  1. AK7126 May 2011 at 09:04:00 GMT+8

    Hi CW,

    I like the Rule of 72. It has worked well for me. Slow and steady wins the race. ;)

    ReplyDelete

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