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

Saturday 14 April 2012

What was I thinking and feeling in Mar 2009 Bear market low?

We like to think that shorting in the Bear market will win big money. Is that really so?

Saturday, 28 March 2009, I wrote this post:

One honest Guru said that (but still many gurus are not telling us much about their losses in shorting the market), he gave back most of his profits built up from the last plunge.

This Guru was not any ordinary trader but the Chief Trainer and Strategist in one of the Kung Fu School of Trading in Singapore hor.

Read more? Does Shorting always win in a bear market?

14 Apr 2012 Createwealth8888's comments: This Guru continued to lose money despites he was one of those Kung Fu masters training many dsiciples to fight bulls and bears. Few months later the Guru also stopped blogging. Why did he stop blogging??? We can do our own thinking. LOL!

On Friday, 27 March 2009, I wrote this post:

Since STI has recovered 20.7% from its low on 9 Mar 09 at 1,457 , it is technically just at the gate of the BULL market. Let more bullies come and push the herd in. Is the rise mainly due to end of quarter Window Dressing? We shall see after next week.

One thing is that in forums we heard many shortlists Bear Paws were BBQ yesterday and some began to join the Bull camp.

Read? STI - sign of melting snow? Part 2

On 14 Apr 2012 Createwealth8888's comments: We like to think that we can catch the market rebound at Bear market bottom. But, the truth is that most of us can't as the market may rebound sharply and quickly in matter of weeks and not months.

1 comment:

  1. Statistically, the market crash 50-60% from the peak. One can start buying when the market has crash ~50%; he can picks and chooses his 'dream' stocks as well as bidding lower price and likely that he will get it as sellers are dumping their stocks due to fear.


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