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, 30 August 2015

When You Love It Cheaper; OK to Average Down!!!



Walau!
Uncle8888 ki siao!!!


One moment he is quite against Average Down; now flip his mind and say it is OK to love it cheaper and average down!


Need to book IMH appointment?

Can do it today for online booking!



















Only and only one?

Similar and exactly ones also can!

This one!
By nature, STI ETF is self-repairing and self-healing stock. If you cannot take the emotions to ride market cycles to do all necessary re-balancing acts like making hays while Sun shines and pulling out weeds in your gardens; then out-source these re-balancing acts to Fund Manager.

 No free lunch here!

Your yield will be much lower; but your stock won't be suspended!  The re-balancing acts by your Fund Manager will keep it alive at all times.

Living with a stock without Fear!

How nice. Right?













Posted by Createwealth8888 at 10:04
Labels:

4 comments:

  1. Createwealth888830 August 2015 at 10:55:00 GMT+8

    We can never escape from market volatility unless we go on 100% saving; but then how can we escape from inflation?

    Super savers may have the option to choose the lesser evil!


    ReplyDelete
  2. yeh30 August 2015 at 14:14:00 GMT+8

    Yes. Uncle
    So I average down my current holding or
    Buy sti etf?

    ReplyDelete
    Replies
    1. Createwealth888830 August 2015 at 15:17:00 GMT+8

      Cannot compare personal holding vs STI ETF.

      A basket of 30 blue chips vs. Holding of whatever X to XX chips

      Delete
  3. yeh30 August 2015 at 17:40:00 GMT+8

    U r saying my share is X to xx chips.
    Haha

    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails