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!


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, 20 October 2012

The Curse of 19 Oct 1987???




We all know that we will need to invest the most during the Bear Market.

The question is how do we plan to do it?

Uncle8888's War Room Planning for the next Bear


It is weighted-step back planning into the market based on the level of fall in STI. The objective is to minimise the impact of losses when he got it damn bloody wrong like in 2008/09.

Unlce8888 so smart to think that ....

  1. It is just pull back. No problem. Hoot!
  2. It is just correction. Don't worry. Hoot bigger. I can't be wrong. My TA Tok Kong (Hokkien).
  3. Oh no!. This is Bloody Bear liao!!! Alamak no more bullets left. Damn shit!!!

But, this time, it has to be different .... otherwise, Uncle8888 has not learnt much after paying for the expensive YTD Tuition fee of $414K (realised losses, unrealised losses and write-off) since 2000 to Singapore University of Stock Market for further study in PHD (SGX Stocks)





 
BTW,  most of us will have to pay some tuition fees in the stock market to learn good practical lessons. The only difference is how much do you need to pay for these lessons to graduate from either PSLE, O Level, A Level, Degree, Masters, or PHD.
 
 
 
 
 
 
 
 
 






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