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



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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

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Value Investing
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Sunday, 6 April 2014

Simi LP Theory on investing made simple???


Just For Thinking ....


The more Uncle8888 thinks back, the more he thinks that investing is as simple as LP Theory: It is either Tua LP or Bo LP?









 



























In 1998, AFC, he missed out the best once in his lifetime opportunity to huat tua tua from the stock market.

Bo LP!!!

Why???

A single household income with three kids at age of 10, 8, and 3 and not financially well prepared for crisis; Uncle8888 sibei bo lam par!

How to huat?


In Sep 2011, WTC Attack and 2003 SARS, Uncle8888 was well prepared since Jan 2000 by consolidating all his spare money into his biggest war chest ever.

Limpeh wu lam par. Not bad. So huat ah!


In 2009, GFC, wu lam par but impotent!

He missed out again on second time! KNS!


Impotent. Got lam par also no need.



Lesson learnt for the next crisis.

Practise Lam Par Theory!

Tua Lam Par comes from bigger war chest???

Investing made simple! Right?


































Posted by Createwealth8888 at 14:54
Labels:

5 comments:

  1. Small Time Investor6 April 2014 at 15:27:00 GMT+8

    Hi Uncle 8888

    I am training my Lam Par to be bigger .

    ReplyDelete
  2. Money Honey6 April 2014 at 16:57:00 GMT+8

    for using TLP and BLP, you are really so cheeky.
    Not afraid of DOM (dirty old man) label? haha ...

    ReplyDelete
  3. Money Honey6 April 2014 at 22:21:00 GMT+8

    :)

    ReplyDelete
  4. Anonymous7 April 2014 at 08:11:00 GMT+8

    Ha! Ha!
    TLP or BLP?
    I think, you can only TLP if you can live with the consequences no matter how your TLP turns out.
    Prostate cancer or not... Must be treatable, O. K.

    ReplyDelete

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