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

Friday, 31 January 2014

Trading for "passive income" using leverage vs Long-term investing for passive income using our own capital.


 
Just For Thinking ....
 
 
 
1984: Memories of the Brighton bomb

"Today we were unlucky, but remember we only have to be lucky once - you will have to be lucky always."

This was the IRA's chilling statement soon after they had carried out the attempted assassination of the British Cabinet at The Grand Hotel, Brighton, 20 years ago.



Trading for "passive income" using leverage vs Long-term investing for passive income using our own capital.

See the difference!


In trading for "passive income" using leverage e.g. selling naked options on margin account; you will have to be lucky always. One day you get very unlucky, you may blow up like this guy.

A read real life story? How I Blew Up $105,000 In My Trading Account

For long-term investing for passive income using our own capital, it is like mirror image of it.

You don't always get lucky for years; but one day, you may get lucky and grow a Money Tree that can produce high passive income for a long time.







 
 
 
 
 
 
When you have spend enough time reading, reading and reading many finance and investment blog postings over the years; but forget about those blog posts that have commercial interests in selling you courses.
 
Do you realise that Mr Market will always have his way to show us the right way to build our wealth from the stock market is through investing in companies growing their business revenues, cash flow and profits either through expanding, enhancing or innovating their products and services offering to their global consumers and producers?
 
 







 

 
 
 
 


 

1 comment:

  1. Speculating is like playing Mahjong?

    Very lucky one will win from all three losers. Winner takes all!

    Very unlucky one will lose to all three winners. Loser pays all!

    CNY can lose some money and still feel huat!

    :-)

    ReplyDelete

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