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

Saturday, 3 August 2013

Ring fence your assets???















To the gardeners, these are pest and has to be killed.

But, for some kind souls,  they will save these gentle and weak creatures from people accidentally crushing on them.


Tired of murdering these creatures and get your hand too bloody?


Ring fence your assets!!!

No more killing.

Let your gardener neighbours be the murderers???








Do the same to your portfolio and ring fence your assets against the next Fat Bear?






Posted by Createwealth8888 at 20:21
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2 comments:

  1. Candy18820 April 2014 at 09:03:00 GMT+8

    Hi cw8888,

    would like to clarify what you stated "RING FENCE your assets against the next Fat Bear."

    Do you mean buying the stocks at great margin of safety so one could still be able to earn less (and not lose money) when the Black swan event occur?

    Candy188

    ReplyDelete
    Replies
    1. CreateWealth888820 April 2014 at 11:37:00 GMT+8

      You can see that my multi-baggers were bought during market crashes and have grown into Money Tree.

      Unfortunately I didn't learn enough to have market wisdom. I have mistaken the last GFC as market pullback and correction; hence, I have lost back to the Market all the past years trading gains and more.

      Very painful lessons learnt.

      :-(

      The moral of the story: Keep enough cash rotting in the Bank to feed the next Fat Bear if we are not depending on passive income to pay for our living expenses.


      Delete

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