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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Value Investing
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Monday 30 January 2012

Why it is easier to become rich from property and not stocks?

We are more likely to hear people becoming rich in properties than in stocks. Read and understand the wisdom from Soros and you will know why?



"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros

Risk and Substantial Stake

Even you are good at picking a few multi-baggers in your portfolio; do you have substantial stake in these multi-baggers to become rich?

Do you dare to take up significant risk to build up high stake in these high growth stocks which may be your potential multi-baggers to become rich? How many people have steel balls?

In property investing, the story is different, you don't need to have steel ball to play because once you are in it. You already put up substantial stake without even noticing it and even leverage up to play this game.

You become rich not because property is a good investment instrument. You actually become rich because you are less risk averse and you put in substantial stake and leverage it up. That is the reason why it is easier to become rich in property and not stocks.

The moral of the story.

To become rich, you must be comfortable with risks and put in substantial stake. If your multi-baggers are not among your top holding in your portfolio, it is very hard to become rich in stocks.  You may be better off doing property investing.




1 comment:

  1. I like this post. Coincidentally, I had written a topic on how to become rich in Singapore a few days ago. Check it out.

    ReplyDelete

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