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.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 2 November 2011

Playing The Game of Leverage (9) - CFD

Read? Playing The Game of Leverage (8)

MF Global S'pore to be wound down

"All investment or trading usng leverages by nature are high risk as you may lose more than expected." - Createwealth8888

ST, Wed, Nov 2

Mdm Tan said that her life savings of more than $100K are invested in CFD with MF Global.

Her worry now: "Now my worry is not just that I can't take back my money - I've also incurred debt," she said, adding that yesterday alone she had already chalked up $40K of debt from her open positions as the markets fell. " I play long so I did not place any stop loss orders .. right now my heart is bleeding."

Createwealth8888:

All of us like to make more money; but some will like to make money without losing sleep. It is better to lose what we can lose and not losing sleep than trying to make more money with nightmares. When bad things happen in a row; you will be losing your sleep and bleeding in your heart.

Posted by Createwealth8888 at 07:56
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