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

Saturday, 26 September 2015

After A Few Market Cycles ... Did More Veterans Learn Something??? (2)


Uncle

Since u predicted bear market/recession is coming.
why u didn't sell all your shares but holding 60%.

 Read?  After A Few Market Cycles ... Did More Veterans Learnt Something???



Can Uncle8888 predict?

Of course, NO!

But, can he prepare?

Of course, YES!

 

How does he prepare?


Of course, he eats his own cooking!

His Wealth Formula:

Wealth = Asset Value + Cash Flow


When he is wrong he will collect his cash flow from his stock portfolio and his asset value will recover 


When he is right he will deploy his war chest and collect more cash flow from his stock portfolio and his asset value will one day recover even stronger.








Who can predict the market?


This veteran ----> One veteran sent me this note last night ... 

Another two veterans

Createwealth8888 till today can still remember clearly when two very experienced cyber investing kakis in the stock market who believed in their favourite and trusted Guru's view in Mar 2009 were congratulating themselves for staying very cash rich in Mar 2009. One was 90% cash and the other 100% cash!!! 
 
Posted by Createwealth8888 at 14:36
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6 comments:

  1. RayNg26 September 2015 at 16:47:00 GMT+8

    CW ... so you reach a status "head you; tail you also win".

    I think market crash will make you wealthier.

    ReplyDelete
    Replies
    1. RayNg26 September 2015 at 16:48:00 GMT+8

      I mean "head you win; tail you also win"


      Delete
    2. yeh26 September 2015 at 19:33:00 GMT+8

      i no head no tail..dunno how to win

      Delete
    3. yeh26 September 2015 at 21:47:00 GMT+8

      i no head no tail..dunno how to win

      Delete
    4. Createwealth888826 September 2015 at 21:53:00 GMT+8

      No head. No tail. No win. No lose

      Delete
    5. Createwealth888827 September 2015 at 19:50:00 GMT+8

      I still believe some may not need to invest and still have more than enough to overcome future inflation

      Delete

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