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, 13 January 2013

How to become rich in stocks??? (14)



Read? How to become rich in stocks??? (13)


How to make One Million Dollars from stock investment?



Have you been reading some blog posts somewhere talking about compound interests?

It can make you a Millionaire!!!

Uncle8888 is going to pour cold water on you. 


One, it is time for you to Get Real and truly understand the truth behind Compounding !!!

Read? Compound Interest is not the same as Compound Returns (2)


Two, you must fully understand the words of Wisdom from this man ....

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros


That is the truth Uncle8888 has to learn the hard way. Once we took a Great Fall, it will take years just to recover. Don't talk about compounding returns!!!










Do you know Uncle8888 mean?

Did you see it yourself?























Three, how much investing capital do you have?

 Read? Does Your Account Size Matter? - Part 3


Why your account size really matters???

Four, judge your investing skills against the best investors in the world.

 Here is their annualized returns ..





















What will it take to add up to One Million Dollars. Do your Maths. This is not Problem Sum in PSLE Exam!



Lastly, there are lots of hard works waiting for you if you have relatively small account size to start with.

Uncle8888 still strongly advocate this:


 Read? Path to Financial Freedom for the Young ones???


Follow this advice, it will greatly improve your chance to make One Million Dollars from stock investment!



BTW,

Some people don't like to hear the truth. 

Some people talk "rubbish". Many people listen!







No comments:

Post a Comment

Related Posts with Thumbnails