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

Sunday 27 May 2012

Is 2012 Bear 2.0 coming???

 Just For Thinking ...

” If you have a worry problem, do these three things: 1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.” (Carnegie 49)

When we step into the first week of Jun2012, we may be able to know from the marketing agents whether 2012 Bear 2.0 is ready for worldwide distribution.

Good advice from Dale Carnegie. Ask these three questions and stop worrying.
Q1: Ask yourself: “What is the worst that can possibly happen?”

What will happen to my portfolio if I get hit again like 2008/09?


I did stock prices crash simulation on my portfolio and it seems to be better off than Mar 2009 low.

 Q2: Prepare to accept it if you have to.

That is the reason I will not be adding more stocks into my portfolio any sooner since I have prepared to accept the worst as it is.

Q3. Then calmly proceed to improve on the worst.”

I have taken back close to 98% of my invested capital since 2003 as war-chest for 2012 Bear 2.0 so I am unlikely to be caught naked like what happened in 2008/09.

BTW, for your investment decision, have you similarly ask yourself these three questions and how you answer them?



  1. Checked and done ;)

    Ah! The beauty of experience...

    Caught with our pants down once is enough!


  2. Ha ha, Uncle CW8888, just a thought, are you fighting the last war? There is a saying that generals always prepare for the next war by using the lessons of the last war (which is actually useless), because the next war is different.

    What if we were to melt up, rather than melt down?

    A drip drip, 0.5% increase a week for 10 weeks




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