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

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Thursday, 14 July 2011

Simple is not necessarily simplistic

Just For Thinking ...

"If you can't explain it simply, you don't understand it well enough." - Albert Einstein

Read? Investing Made Simple by Uncle8888 (19)

For example:

"Men who can both be right and sit tight are uncommon." - Jessie Livermore


"We don't need to win back in the same manner that we have lost it." - Createwealth8888
 
These are one liner advice. It is simple. Simple is not necessary simplistic.
 
Similarly, Simple chart like this. It is simple and there is no doubt about it.
 
Simple things are not necessarily simplistic. Ask any famous chefs. Simple dishes are the true tests for the cooks.

1 comment:

  1. "Make everything as simple as possible, but not simpler."

    ~ Albert Einstein

    ReplyDelete

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