As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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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Value Investing
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Technical Analysis and Charting
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Saturday, 15 February 2014

How to become rich in stocks??? (22)

Read? How to become rich in stocks??? (21)

To become rich in stocks!

Many of us are still waiting for Mr. Fat Bear. Right?

Not only market timing matters.

We will need at least two Rights.

1. Right Timing

2. Right Growth-dividend stocks

See for yourself. It is self-explanatory.

No free lunch even for those have the patience to wait. Right?
Got homework to do?


  1. CW,

    I keep asking myself where's the rain?

    Homework done already. Funds set aside (like you). Just waiting for the other shoe to drop.

    Meanwhile, I guess I'll have to satisfy myself with small buy-the-dip swing trades to keep me awake.

    OK, time to bring out the laundry again.


    1. No chance to pass up homework.

      Teacher is on long maternal leave?

      hee hee

  2. Stays in the sideline too long is not a healthy thing; one will eventually become too pessimistic and could shakes up one's confidence very badly

    1. Money Honey,

      I can't speak for CW, but taking profit is not the same as having cash from 2009 till today ;)

      Having some cash (realised profits) simply means we are happy when market goes up (less greedy and maybe it has to do with age - I don't have the need to benchmark with others); and when market goes down, we are equally sanguine as it's back to putting money to work all over again - round X!

      For those who are 100% vested, it's only a one way street to play ;)

    2. When it's sunny then go out and have fun. But must remember to get into the shelter from time to time. Too much sun no good for skin. A little of greed is okay but too much then it's bad. Need to have an exit selling price and remember to lock-in profit.

      When it starts to drizzle, then starts taking out your pail to collect water. Use the collected water to clean windows, wash car, etc etc. Must wait for rain as drizzle is too much hassle? l can already set out to complete my chores of washing the toilet or cleaning the windows from pails of water l have collected from the drizzle. Drizzle water is good enough but most are greedy for the rain still. Waiting for the rain to come and sit idle then possibly nothing gets done.

  3. I am not sure now so I am staying neutral with 50-50 odd against me.

    Not greedy and not fearful. Become waiter and watcher.

  4. Buffett’s View – Cash as a Call
    Warren Buffett views cash as a perpetual call option, according to his biographer Alice Schroeder in her tome “The Snowball: Warren Buffett and the Business of Life.” Schroeder says that one of the most important things she learned from many years of studying Buffett and his holding company, Berkshire Hathaway, is that he perceives cash as a call option with no expiration date or strike price. “No expiration date” alludes to Buffett’s patience as a long-term investor, since he is quite content with waiting for the right opportunity to come along. “No strike price” implies that Buffett generally does not publicly specify a price level for a stock or index at which he would be willing to invest. Instead, he tends to invest at levels where he is confident of adding shareholder value.
    i think i must have some spare cash standby for any investment.


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