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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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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Tuesday 7 February 2012

Your First $100K realized profit from the stock market? - (3)

Read? Your First $100K realized profit from the stock market? - (2)

Did you became the Investment Eagle and fly high?


The Story of the Bald Eagle continues after 40 years later ....
 

40 years later, the old Eagle will re-make itself so it can fly high again for next 30 years. This is incredible!


The bald eagle has the longest life-span of its' species. It can live up to 70 years. But to reach this age, the eagle must make a hard decision in its' 40's.

Its' long and flexible talons can no longer grab prey which serves as food.

Its' long and sharp beak becomes bent.

Its' old-aged and heavy wings, due to their thick feathers, become stuck to its' chest and make it difficult to fly.

Then, the eagle is left with only two options: die or go through a painful process of change which lasts 150 days.

The process requires that the eagle fly to a mountain top and sit on its' nest.

There the eagle knocks its' beak against a rock until it plucks it out. After plucking it out, the eagle will wait for a new beak to grow back and then it will pluck out its' talons.

When its' new talons grow back, the eagle starts plucking its' old-aged feathers.

And after five months, the eagle takes its famous flight of rebirth and lives for 30 more years.

Learn from the Bald Eagle. It will re-make itself after its first-half and spreads out its wings and fly high again in the next half of its life.

The moral of story to be continued ... hope to be pretty soon...but again it will depend on market condition. hee hee







5 comments:

  1. "For those of you who have e-mailed me wondering if it's true that an eagle goes into seclusion, plucks out all of its feathers, sheds its beak and talons, and then renews itself, is a myth/legend. It's possible the eagle renewal myth/legend was derived from a biblical metaphor. I didn't deduce it is a myth/legend from the contents of a book. Both science and logic indicate an eagle can not survive for any length of time without his/her feathers, beak and talons. Exposure and starvation would overcome the eagle long before a physical renewal could occur. An eagle's beak and talons grow continuously, because they are made of keratin, the same substance as our hair and fingernails. Eagles molt in patches, taking almost half a year to replace feathers, starting with the head and working downward. Not all feathers are replaced in a given molt."

    http://www.baldeagleinfo.com/eagle/eagle-myths.html

    ReplyDelete
    Replies
    1. LOL! Just in jest, you party-pooper!

      Myths and legends are not meant to be taken literary...

      Now who wants to prove Santa Claus does not really exist?

      Be forever young-at-heart; and less sober.

      Ha ha!

      Delete
  2. I don't know if I ever will make 100k from stocks. In 2008, I bought a commercial property and sold in end 2009 for 178k profit. Then I bought another commercial property in 2010 and currently sitting on a gold mine. If I were to sell it, I think I could make a 1 million profit.

    ReplyDelete
  3. I only aware that Peter Lim got rich from stocks and not from properties.

    Most people will get rich from business or properties. Business includes selling "dreams of getting rich" to dreamers.

    Who can be the next Peter Lim or Warren Buffet?

    ReplyDelete
  4. Yes Uncle 8888,
    This Guru who got rich selling "dreams of becoming millionaires" via seminars actually telling people 1 month ago to sell all their shares because crash coming in 2012/2013. This Guru also says STI unlikely to reach anywhere near 3000. This GURU tells people he is smart but he is making money from selling the seminars.
    If Warren Buffett cannot time the market, what makes him so cock sure about his prediction?
    I think people should learn from you.

    ReplyDelete

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