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

Thursday 7 February 2013

How do we know we are Value Investors? (3)



Read? How do we know we are Value Investors? (2)


Method, Mind and Money Management


Time for you to hear from the brightest ones from Asia

Know Thyself

"When it comes to investing," Schloss advised, "my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night! (Read Uncle8888's Pillow Strategy)

Remember that a share of stock represents a part of a business, and so you need to understand its financial before making a judgement. When you have made a sound decision, make sure you have the courage to stay true to your convictions and not let the market affect your emotions, After all, investing should be fun and challenging, not stressful and worrying. (Uncle8888 shared this little secret with you, when the next Bear comes, every day wears tight underwear. How??? Easy leh. Buy underwear with one size smaller lo.)

External Sunshine of the Value Mind

V-Nee-Yeh

Yeh said: "I think many investors and even investment books like to discuss what the right investment style or method is, but I do not think we should get too bogged down with what is right or wrong way in the first place. Instead, it is more appropriate to understand oneself before deciding on a specific investment style.

"If you are a calm and patient person, then value investing approach may be right for you; but if you are jumpy and aggressive, then a more trading-oriented style may be more suitable. Investing is not about finding a fixed form, but about understanding your temperamental compatibility towards investing and improving your strategy through time and experience. otherwise, you are always against yourself!"


Wait!

Uncle8888 has something to say ...

If you like to count money on quarterly basis, then income investing on S-REIT is good for you.

Read? Clearly Know What You Really WANT or NEED; you may be financially better off!

2 comments:

  1. Very true words from VneeYeh. I always wanted to start as a value investor not a trader. However i cannot not admit that the daily movement of price does affect me.

    Lucky fromthe day i started investing, my account has issues selling of stock. (It still is now)

    I guess thats a blessing in disguise.

    ReplyDelete
    Replies
    1. "my account has issues selling of stock. (It still is now)"

      I don't understand why yr account doesn't have SELL option.

      Delete

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