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

Saturday 17 January 2015

Six Zero Beggars???



Yesterday, Uncle8888 was talking stocks with one woman retail investor in her 50s. She has been investing for more than 20 years together with her hubby. 

Woman and his man have often attended investment seminars organized by SIAS and other brokers on market outlook.

 Wow! Tag Team partners!

 Uncle8888 told her about his two zero beggars story.

 But, she surprised him with her six zero beggars adventure. All beggars were S-chips. 

One of them she has bought on that day and the next day it was suspended. Super shit!


Her best is Keppel Corp. She bought @ $3+ and sold @ $5+


Hmmm.......


The Moral of the Story ...


Many retail investors are likely to hold on to their losing stocks to zero; few are willing to hold tight when the stock price goes against them during market cycle.


Do we think only losing stocks cause pain?

Not true.

Read? When a Giant Gain Causes Pain (2)



Posted by Createwealth8888 at 09:30
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3 comments:

  1. Createwealth888817 January 2015 at 09:33:00 GMT+8

    I have been going around in my workplace probing for real people, real investing story.

    ReplyDelete
  2. Createwealth888817 January 2015 at 09:38:00 GMT+8

    Anyone know of real people, real story of more than 6 zero beggars?

    ReplyDelete
    Replies
    1. Createwealth888817 January 2015 at 23:20:00 GMT+8

      Probing means cannot be so direct. Must let them save face leh.

      Delete

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