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

Monday, 2 March 2015

Hurray for redundancy.





Read? Hurray for redundancy

Read? A Geek’s take on Finance Redundancy





When Uncle8888 grows older, his ball shrunk smaller. He fully understands the need for finance redundancy. In fact, he actually planned for it. (Did he hear Grasshoppers laughing again?)

It is okay to earn lower return on the redundant components; but sleep better at nights when market crashes.


 
 We can learn from wise men from the past

” If you have a worry problem, do these three things:

1. Ask yourself: “What is the worst that can possibly happen?”

2. Prepare to accept it if you have to.

3. Then calmly proceed to improve on the worst.”

(Carnegie 49)





Now Noble is falling down!

Where is the bottom?

So he has re-marked the stress test value of Noble to $0.10 as pointed out by Iceberg.






























CW8888's Investment Portfolio Stress Test Result:


























Still surviving!















2 comments:

  1. Wah, another chim post... need time to digest any hidden meaning lol

    ReplyDelete
  2. CW,

    No poking until after CNY's yuan siao jie ;)

    After that, the gloves are off!

    ReplyDelete

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