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, 2 September 2012

Investors. Know at least Pareto's Principle



Pareto Principle ~ “20% of the effort generates 80% of the results.”

Market Timing vs. Time in Market???

Fundamental vs. Technical Analysis?

Short-term Trading vs.  Long-term Investing???

For long-term investors, we should be observing Pareto's Principle.


80% patiently waiting for Market Timing and then spend 80% Time in Market with 20% of our effort will generate 80% of the results.

And then we spend another 80% market timing for next cycle.


Read? More articles on Laws

Uncle8888 took more than 12 years to finally understand these Laws!!!


1 comment:

  1. Good morning Uncle CW.

    Thanks for the timely reminder of the 80-20 rules, I agree that it works in my working life. Still learning how it will apply to my own passive income route.

    Cheers & double huat ah.

    ReplyDelete

Related Posts with Thumbnails