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 8 July 2012

How and when to buy stocks is not the most difficult part?

Just For Thinking ....

Temperament7 July 2012 10:05:00 GMT+08:00:

".. ...  But when you first started investing in Keppel Corp, i don't think you can see that far. When did you start to see that far and why? Please ignore my questions if you don't like to answer."

The answer is obviously No, No, No!!!  There is absolutely no way for anyone to know the future.

Uncle8888 believe that how and when to buy stocks is never the most difficult part. We will have no problem in learning and acquiring knowledge and methods either FA, TA or combination of both FA and TA to buy stocks from many different sources and even free sources like NLB and Google.

Uncle8888 strongly believe the most difficult part is overcome the mindset that is deeply rooted in most of us i.e. scare to lose WINNING money back to the market!!!!

Most of us can easily sit on LOSING positions i.e. sunken costs for many years. Some may even hold these sunken costs to their grave.

The most difficult part is holding on to winning positions and overcoming the emotion of fear of losing more and more winning money back to the falling markets across market cycles.

Read? Investing Made Simple by Uncle8888 (16)

What is Right and Hold?

When the stock market is falling and you are giving winning money back to the stock market. Is this still Right and Hold???

May be we can learn something from the World's greatest investor in our time ...

“To invest successfully over a lifetime does not require stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework” -  Warren Buffett, World’s greatest investor

BTW, on the side note

A $10,000 investment in Berkshire Hathaway in 1964 was worth $80M at the end of 2009.


  1. mindset! totally agree with you ...
    care to share how u conquer yours? thanks!

  2. Yup, that's what I deduced after reflecting why I only got 3 baggers...

    Cannot sit tight :(

    It's the mind that wags the tails of money management and method.

  3. I will share it over future blog posts soon.

  4. agree, that mindset also apply deeply into trading.

  5. HA! HA!
    May i quote WB again:-
    Warren Buffett: Temperament Ranks above IQ When Investing

    A lot of people with high IQs are terrible investors because they have terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy.

    You need an ability to not be driven crazy by extreme success.
    Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stockbroker. The people who are telling you to do something else are all being paid by commissions or fees.
    Ha! Ha!
    i am going to buy some STI index leow. When time permits.


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