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.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Saturday, 4 April 2015

Follow Our Favourite "Gu Shen" Blog, Forum or ChatBox and nowadays FaceBook???



Uncle8888 has been there before. If you are doing it too. He can understand. It is quite normal as newbies to follow our "Gu Shen" or "Gurus".

 One lesson that he learned as follower ...

Beware of following any illiquid stocks initiated by your "Gu Shen" because it is NOT that difficult to buy as you can buy slightly higher price; but it is very difficult to sell at your expected price to the selling price of "Gu Shen" or "Guru".


Uncle8888 used to follow this well known "Guru" who has retired as millionaire. But it is still not so clear whether he came millionaire from selling his business or investment portfolio.


 Quite a number of times, after he has sold his entire holding, he would announce he has sold; stated his reason for selling and wished us good luck. You can guess what happened after his public announcement for those illiquid stocks.

 Beware of illiquid stocks!

 Your "Guru" may be quietly and patiently bought or sold these illiquid stocks; BUT, the rest of us will be buying and selling these illiquid stocks NOT quietly. 


Did you see the big difference?



Posted by Createwealth8888 at 07:21
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4 comments:

  1. B4 April 2015 at 09:49:00 GMT+8

    Hi Uncle CW

    Why doesnt this apply to liquid stocks as well?

    ReplyDelete
    Replies
    1. Createwealth88884 April 2015 at 10:43:00 GMT+8

      Our retail level "Gu Shen" or "Guru" are not Mioney Managers, they can't possibly move the liquid stocks.

      Tell you a true story on Kingsmen.

      One of our ex popular investment bloggers was the only one buyer in the market on that day with XX,XXX shares bought.

      How do I know?

      I traced back the Daily Buy & Sell transaction history for that week. :-)


      Delete
    2. SMK4 April 2015 at 12:39:00 GMT+8

      The gushen in your post sounds like a pump and dump promoter.

      it's more sophisticated nowadays, they sell it as case studies as part of a course.
      earns both ways. Some even buy questionable companies as part of crowdsourcing.

      Delete
  2. Createwealth88884 April 2015 at 13:41:00 GMT+8

    For illiquid stocks, those late followers may be actually buying from the "Gurus" themselves who are quietly taking their profits.

    Time to go to a quiet place to think about it.

    ReplyDelete

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