As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!

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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, 13 June 2015

Who Says We Have No Contriol In The Stock Market???

We do have some indirect control in the stock market through our assets allocation to meet our current and near term liquidity need and to avoid selling our assets at market low through our portfolio management.

Even with an old heart, Uncle8888 should be able to take and live without depression over a few percentage points of volatility in his net worth but not something in the magnitude of 30% to 40% drop. 

This type of drop can cause depression. Better don't try!

When we are older; asset allocations and portfolio management is becoming very critical as we definitely want to avoid any severe shock with our financial affairs.

Losing back paper losses of single digit loss to Mr. Market should be tolerable. Right?

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