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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Value Investing
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Sunday 20 November 2011

Know thyself. Be true to it and avoid the pain within.

  • STI has been dropping!
  • More and more bad news coming out!
  • Your portfolio also drops 20%

How are you feeling now?

  1. Feel like selling away everything and keep cash and then wait for more good news to come before going back to the market.
  2. Continue to be concerned; but won't put in any more money. Enough of this stock investing. It is just too difficult.
  3. Put in more money as this is a great and rare opportunity presented by the market.

If your answer is 1 or 2, you may be better off in investing in low price volality, low volume and dividend paying stocks or bonds may be a good choice too. Low volume means less market speculators coming into your stocks to play your emotional roller coaster ride.
Posted by Createwealth8888 at 10:39
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4 comments:

  1. Anonymous20 November 2011 at 14:05:00 GMT+8

    Hi,
    There is always some stock worth to buy in any day of the market by the "experts". For us it's best to buy on days where it seems nobody wants to buy even there are still sellers(severe Bear Market). In this way we have a natural greater safety of margin even if we buy not so favorable stock.
    Having said this, i still go ahead and buy LMIR's NIL PD RIGHTS to subscribe. This is more for dividend then capital gain in the short run. In the long run who knows?
    Shalom!

    ReplyDelete
  2. Kyith20 November 2011 at 20:30:00 GMT+8

    great post

    ReplyDelete
  3. Anonymous21 November 2011 at 14:05:00 GMT+8

    Hi CW8,

    I think it is not yet a great time to buy.

    We can only play the cards given to us.

    My guess is that it is best to put in 5% of capital now.

    Better to lock in at this price and keep some ammo for the next round of blood-letting, if there is any.

    What to buy is another question ?

    Answer is to avoid the usual expert recommendation, and buy the ones they are shunning eg. NOL, SIA etc.

    Hey, that is me, am not an expert.

    Cheers

    V

    ReplyDelete
  4. trade futures22 November 2011 at 14:40:00 GMT+8

    We trade a lot of currencies futures, and from what we are seeing, US dollar is getting stronger. That is usually a sign of the big boys selling off US stocks in exchange of cash. Might be spelling the start of a stock market downtrend.

    ReplyDelete

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