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

Tuesday 25 August 2015

Switching Horses Is Not Same As Cut Losses Into Cash???

Old man loves to repeat the same old stories over again and again to younger ones. You listen until sianz; but not the old man who does the talking.

Cutting losses is also market timing. Are we really good at market timing?

Cutting losses into cash (Exits)  is not the same as switching horses. When we have locked in negative return by cutting losses into cash it becomes very hard to recover from cash position as it will require another market timing to get the right Entries. How good are we?

What Uncle8888 did at last GFC ...

Read? No Stop losses 

Bleeding heart when we have large paper losses as the more we look at them the more it becomes so real and bleeding!

Super sianz!


1 comment:

  1. OK. Uncle.
    For good fundamental stock. I will average down.
    Like ocbc. Singtel. SCI. Semb marine. Dbs. Ste. I will just average down.

    Some of my small cap. Already lose > 45%.
    Well. Cut or no cut also no different.
    So may just leave it there.


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