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, 31 March 2013

Should our investing decisions be continuous struggle??? (4)


Just For Thinking ...


Read? Should our investing decisions be continuous struggle??? (3)

Why Investing Goals?






















Uncle8888 set for himself  a 10-year Investing Goals.

10-year Goals, Yearly Target, Quarterly Review


Why 10-year Goals?

10 years is a long time for your investing horizon.

You will encounter one or more market cycles of Bull and Bear.

There will more than enough time and opportunity for you to learn, re-learn , correct, revise, and make up for whatever you need to do in the stock market to win more and avoid losing big.

We must always remember this. Once big losses are locked in as negative return; you may have to struggle a long time just to break even.

It will be terrible lessons to be found out by yourself! May be it is worth learning it.






 












You have 10 years to deliver your investing performance and verdict.

Why you need to be Kan Cheong Spider?

There will be enough Cooling Off days for you to overcome your greed and fear and to calm your nerves and better informed.

There will be enough time for your save more from your salaries and to slowly enlarge your war chest to fight the next few battles.

In investing, Your Account Size Really Matters!


Why Yearly Target and Quarterly?

Your Yearly Targets are not set for fun.

These Yearly Targets will serve as your milestones along your investing journey to achieve your 10-year Goals.

These milestones will be driving you to take some actions every year to try to meet your yearly target; otherwise when we don't know what to do next, we rather do nothing and wait far too long for something to happen to drive us again.



 
 
 

















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