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 21 December 2013

Those few years of Foolishess in the stock market!!!

From Jan 2000 to Dec 2013 : 14 years of practical experience in the stock market with even many more years of learning investment and trading theories.

Uncle8888 smiles when he read some blog posts and comments boasting of their winning contra trades and penny stocks; he too has these experience.

Those few years of foolishness in the stock market cannot be forgotten!

Yes! Losing money is part of the Investing Game; but staying Foolish for a long time without realizing it. Is No!

If not for that few years of foolishness for not sticking passionately to the core principles of long-term investing, the investment outcome could have been much better.

From Jan 2000 to Dec 2013: Uncle8888's Investment Outcome


Sometime, in the moment of glory or luck, we tend to forget that in the Market; it is us against the Market.

There are always Buyers and Sellers in the Market.

We bought while others were selling.

We sold while others were buying.

We wait while others were buying or selling

For the next 6 years, from Jan 2014 to Dec 2019, Uncle8888 must not be foolish again to think that he is smarter than the Market to make easy money. It is more important than the last 14 years as not that many years left to prove that he is wrong and correct his mistakes.

By Dec 2019, he will have 20 years of true life experience in the stock market to be able to pen down a few practical pointers in his Kung Fu Manual on "Create Wealth from the stock market through long-term investing and short-term trading - Less Analysing. More Investing" and pass this Manual to his children, nephews and nieces.



1 comment:

  1. Winning dollars against losing dollars ratio of 2.2 is not good enough.

    Should aim for at least 3.0 by end 2019 by avoiding large cut losses


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