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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Sunday, 26 June 2011

In investing/trading, lessons will be learnt from your most painful losses.

Just For Thinking ...

In investing/trading, can you really remember and learn from your small losses here and there. I don't think so. These small losses may annoy or disturb you for a little while; but it will never hurt you much. You are likely to brush aside these small losses either as overheads or loose changes. You may be back to the same old way again.

It is only through huge losses and painful experience that lessons taught by Mr. Market are learnt and well remembered. Mr. Market likes to charge you costly tuition fee when you take lessons from him.
Posted by Createwealth8888 at 22:07
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1 comment:

  1. Anonymous27 June 2011 at 03:19:00 GMT+8

    Hi CW,
    Very true. i remember for life i have at least 4 or more. But fortunately relatively to my capital they are still "absorbable"; because my profit can more than cover/offset them.

    How many have you?

    What about some you/i sold too early if not you would have made a lot more money. That was when i/you were a "newbies'? Newbies usually make this mistake. Yes? No?

    ReplyDelete

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