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

Sunday, 23 August 2015

Don't lose too much even it is paper losses as it can be very hard to recover those paper losses without pumping in more new capital from your saving.


The Law of Large Losses!
Posted by Createwealth8888 at 14:21
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7 comments:

  1. Createwealth888823 August 2015 at 14:24:00 GMT+8

    Does anyone see the risk of average down to get even with Mr. Market to prove him wrong?

    ReplyDelete
    Replies
    1. Singapore Man of Leisure23 August 2015 at 16:30:00 GMT+8

      CW,

      I didn't have the heart to tell our young MBA friend his math is "wrong".

      You are more subtle.

      LOL!

      Delete
  2. SMK24 August 2015 at 12:44:00 GMT+8

    Lol improve the chart a bit, add time factor to break even and the triangle is not isosceles but closer to right angle.

    ReplyDelete
  3. SMK24 August 2015 at 12:45:00 GMT+8

    This comment has been removed by the author.

    ReplyDelete
  4. SMK24 August 2015 at 12:45:00 GMT+8

    This comment has been removed by the author.

    ReplyDelete

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