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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Value Investing
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Thursday, 27 August 2015

Lazy Bum Retail Investors! Are You Also One Of Them?


True Story. Real Retail Investor.

 He told Uncle8888 many times he wanted to seriously learn DIY investing from him.  

But, it is not after f...  him for months to track and measure his investment portfolio; he finally (reluctantly) produced a simplified and scale down version of his investment portfolio worksheet to show him last week.
DIY but hand off!

Read?  Measuring
Posted by Createwealth8888 at 20:40
Labels:

22 comments:

  1. Createwealth888827 August 2015 at 20:43:00 GMT+8

    BTW, he is one of those silent readers here

    ReplyDelete
  2. yeh27 August 2015 at 21:11:00 GMT+8

    uncle. die die must fill in everything?

    i try to link the shareforum stock info to your q1 spreadsheet. well, sometime i try to save, then the excel spreadsheet got some problem then i need to restart my work again.

    ReplyDelete
    Replies
    1. Createwealth888827 August 2015 at 21:15:00 GMT+8

      DIY is hard work!

      Can't say give chance. That botak man is watching!

      Delete
    2. yeh27 August 2015 at 21:17:00 GMT+8

      who is that botak man?

      Delete
    3. Createwealth888827 August 2015 at 21:29:00 GMT+8

      He will appear here when he finished his stuff at his blog. We just need to be patient.

      Delete
    4. Singapore Man of Leisure27 August 2015 at 22:16:00 GMT+8

      CW,

      Your mei mei I won't touch one lah!

      I am more a jie jie kind of guy.

      Having said that, my market getting smaller with each passing year :(

      Your market getting bigger instead :)


      So with mei mei, you're turn into a bleeding heart.

      LOL!

      Delete
    5. yeh27 August 2015 at 22:19:00 GMT+8

      CW
      your creation sxxk. always not responsive and i need to redo again.

      well, so far. i only finished edit all the hyperlink...really hard work.

      要了我的命

      Delete
    6. Createwealth888827 August 2015 at 22:21:00 GMT+8

      Sweetness will come after all the hard work and sweat. You tell yr hubby to massage you. :-)

      Delete
    7. yeh27 August 2015 at 22:40:00 GMT+8

      I only able to update 3 stocks lo.
      Your creation really jalat. Always not responsive. Then I need to redo and redo again.

      You have simple and easier version not.

      Delete
    8. Createwealth888827 August 2015 at 22:42:00 GMT+8

      Check your Inbox

      Delete
  3. TheFinance.sg28 August 2015 at 00:27:00 GMT+8

    Hi Bro 8888,

    Raise Hand. I am a lazy investor. I blog about it some years back. I hardly track my portfolio cause it's still very much the same after all these years.

    ReplyDelete
  4. la papillion28 August 2015 at 00:59:00 GMT+8

    Hi bro8888,

    It's the same with some of my readers too. They mentioned they wanted to be a full time tutor, or learn some TA, or some FA. After many such people, I learnt that you can deter 99% by telling them how hard it is and always assign them work to do. After a few rounds of bombardment, most will approach the bell and ring it 3 times to give up.

    If there's no commitment and discipline to learn from others, you'll have to learn in your own way and your own method. No two ways about it.

    Btw, I just scared an A'lvl student away by telling him how hard it is. He's a repeat student, taking Alvl again during his NS. First lesson I told him how impossible his task is, considering that he only have about 2 months starting from scratch. Then I told him how others will need 2-3 tries as a private candidate before they can get the score they want - and the chances are not high. Third, I give him homework to do. Today he told me he will skip this year and prepare for the one next year LOL

    ReplyDelete
    Replies
    1. Createwealth888828 August 2015 at 07:42:00 GMT+8

      True.

      Now, we have one reality show in progress for DIY retail investor. Likely to be an excellent outcome,

      :-)

      Delete
    2. Createwealth888828 August 2015 at 07:50:00 GMT+8

      Latest update of Yeh's DIY challenge as of 10:49 PM last night:

      CW8888: She is excellent! Given an easier and alternate option; but she still stick to the tougher one. Clap clap clap!


      "i prefer the previous version.
      just that always hang and not responsive. donno why..

      but that spreadsheet you created. very good..i like that. i try to do it during weekend.
      today i have done 2 hour tutorial.."


      CW8888: Hard work. Really hard work. Who else want to be DIY investor? LOL!

      Delete
    3. yeh28 August 2015 at 09:58:00 GMT+8

      u should teach me go to share junction to create portfolio there. so easy.
      i stupid stupid go to manually update it and change all the hyperlink.

      so stupid me..waste so much time and efforts.

      Delete
    4. Createwealth888828 August 2015 at 10:31:00 GMT+8

      Lesson 2 for DIY investors:

      SMOL: Trust but verify.

      Don't just take what "Gurus" say as universal truth and do what they tell you to do. When you find it too difficult and doesn't make any sense.

      Verify them.

      :-)


      Delete
    5. Singapore Man of Leisure28 August 2015 at 11:56:00 GMT+8

      LOL!

      CW,

      This one got potential. Can tell mountain what to do.

      The day will come to tell mountain what stocks to buy and at what price.

      Then go find own mountain (自立山头).

      Delete
  5. Sillyinvestor28 August 2015 at 08:37:00 GMT+8

    CW,

    I want that spreadsheet! To see what is in it. But I dun want to update it. I am not lazy, I am unscrupulous investor lol

    ReplyDelete
  6. yeh28 August 2015 at 12:43:00 GMT+8

    ok.
    uncle, now update the portfolio in sharejunction already.
    then how to extract it to q1 spreadsheet? just simply copy and paste?

    ReplyDelete
  7. Createwealth888828 August 2015 at 22:00:00 GMT+8

    One more step to go and we should be able to review your investment kung fu. Yellow or Green belt?

    ReplyDelete

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