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.

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Friday, 4 October 2013

Flying at a middle height in the stock market???



Just For Thinking ...





The Moral of the  Story for retail investors in the stock market???




Daedalus is an Athenian craftsman, famous for his ability to invent and build things. Unfortunately, he angers King Minos, the ruler of the island Crete, and he has to hightail it out of there.

Desperate to flee the island, Daedalus uses wax to build some wings for himself and his son Icarus. Daddy Daedalus warns his son to fly at a middle height: the seawater will dampen the wings and the sun will melt them. (Not good either way.)

Icarus heeds his father's advice for a bit, but then he gets cocky. He's having so much fun flying that he forgets the warning and flies too close to the sun. Sure enough, his wings melt, and Icarus plummets into the sea and drowns. Daedalus is (of course) devastated by his son's death, but the show must go on. He flies on to Sicily, where he mourns Icarus and builds a temple in honor of the god Apollo.

CW8888:

As retail investors, we need to ride the Bulls with stocks and slide the Bears with cash.

How to do it?


Take Daedalus's advice.

Fly at a middle height in the stock market!!!


Get it?






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