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

Thursday, 21 August 2014

Confession of old timer in the market! (2)



Read? Confession of old timer in the market!

More than 20 years in the market across several market cycles, and these "lao jiao" just manage to breakeven.

 Probably "breakeven" is a face-saving statement.

What went wrong?

















Did they keep moving into different Circle of Competency to look for better Mouse Trap (Method) over their last 20 over years in the market and still finding?

























Remember the 3M's?

The Mind rules them all!

 


















Posted by Createwealth8888 at 21:39
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3 comments:

  1. Createwealth888821 August 2014 at 21:50:00 GMT+8

    This is where learning from others is important as we don't have another 20 years to find out ourselves in the market.

    ReplyDelete
  2. Money Honey21 August 2014 at 22:42:00 GMT+8

    learning from others but still do your own homework

    wholesale everything from others and never do any homework, you think you have the edge of tomorrow?

    http://singaporemanofleisure.blogspot.sg/2014/07/trading-is-lot-like-movie-edge-of.html

    ReplyDelete
  3. Investopenly22 August 2014 at 13:05:00 GMT+8

    Ooooh! The "Lao Jiao" sentiment again... Looks like CW8888 like to bring back the history nowadays? Share more of your crystal ball view ler! lol

    ReplyDelete

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