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.

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!

Currently; it about 54% to destination!


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

Monday, 3 March 2014

Speculation versus investing.

Buffett: I would vastly prefer to own common stocks than fixed dollar income investments.
 
Stocks versus bonds, commodities.
Speculation versus investing.

I like to see what assets produce, rather than what they are worth.
I don't like fixed dollar investments at all.

Real test of asset is if you want it even if price were never quoted again.
I would rather have all the farmland in the U.S. than all the world's gold.

As an investor, I don't worry about where oil prices are going.

Stocks not as cheap as they were, but they still look attractive.
Sentiment has fluctuated while underlying fundamentals steady.

Good businesses are resilient and withstand inflation.

Railroad business is about 60% of the way back from bottom.
U.S. Companies saw great improvement in productivity during downturn.
 


 

3 comments:

  1. And, he would keep buying stocks even if he knew a major war was coming.

    ReplyDelete
  2. deep pocket = huge war chest?

    CW has "huge" war chest = deep pocket?

    haha ...

    ReplyDelete

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