As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!

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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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
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Saturday, 13 October 2012

Learning or improving your investing knowledge and skills from Financial Bloggers and Forumers??? (2)

Just For Thinking ....

Read? Learning or improving your investing knowledge and skills from Financial Bloggers and Forumers???

The Ugly Reality of following the money without in-depth knowledge of your Role Model

I believe the most quoted legendary investor is Warren Buffet and most admired Role Model.

BUT .....

Warren Buffet has a very different investment objective from some of us. He is looking at super-long term and able to be in a position for decades.  Buffet can wait out a losing position or absorb the losses without the undue emotional pain. You can or not???

Same as following forums and bloggers.

Three realities that matter:

  • Know your Investment Objectives and their Investment Objectives
  • Know your Investing Horizon and their Investing Horizon
  • Do you know their Account Size? In investing or trading, account size really matters.

1 comment:

  1. "Three realities that matter:"

    Of course the above matters a lot. But i think the most important of all, "know thyself" first.

    “知彼知己,百戰不殆;不知彼而知己,一勝一負;不知彼,不知己,每戰必殆" and "知之为知之,不知为不知,是知也"
    Sun Tzu.

    Another words you have to find yourself first before you can be successful in any endeavour.


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