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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Wednesday, 30 April 2014

What was I thinking and feeling in Mar 2009 Bear market low? (2) - Re-posted



Read? What was I thinking and feeling in Mar 2009 Bear market low? (2)


When the market keeps falling to a certain point even some most experienced and seasoned retail veteran investors will cut losses and stay out of the market and hoping to buy back lower.

We can plan but when the moment arrived our balls may shrink faster than the market drop.

We need strategies to overcome the Fear.

What are your strategies in addition to your capital deployment plan?

The Mind part?





Posted by Createwealth8888 at 08:05
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2 comments:

  1. CreateWealth888830 April 2014 at 21:07:00 GMT+8

    True story:

    During 2009 low, one colleague asked me what to buy. I told him DBS now at $6.X and 8.x% yield can buy. He never buy as he was waiting for $6.

    If DBS dropped to $6. He would wait for $5. Right?

    ReplyDelete
    Replies
    1. Singapore Man of Leisure1 May 2014 at 10:04:00 GMT+8

      CW,

      Right!

      And when DBS went up instead to $8, he would wait for the pullback to $6.X you recommended.

      It's like in corporate life - superb planning; lousy execution :(

      Do more; plan less? (But... but schools taught differently...)

      Delete

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