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

Monday, 7 September 2015

Are Future Market Crises Our Opportunities???


How ready are you?

 How prepared are you?

 How lucky are you?


 When Uncle8888 thinks back ...

 He was quite lucky to start seriously in Jan 2000; it was just 1 year and 9 months wait to get his first shot at market crisis opportunity to bet it bigger for Kep Corp @ $1.32 (A bigger war chest will mean that we will have more financial muscle to make it bigger) and then round after round. Till today it still remains as his oldest, largest holding and highest yield on investment cost. 

One year later; he caught his No 2, Sembcorp Ind @ $0.73; and then one year later; his No 3, DBS @ $7.53

6 years later in 2008/2009; he was caught unprepared (The Truth) and unlucky (The Feeling Good)!

Opportunities in the stock market in 2008/2009?

What opportunities?

Only have Fear and Worries!



He was busy sweating, cutting losses; switching horses and staying awake many nights wondering how and why he was so stupid!!!
 

So my sifu is right!

 It is far better to regret not making more money than to feel sorry of losing your hard earned money.

 My sifu started trading and investing at age of 18 following the foot-steps of his father into the stock market. 

Choose Regret or Sorry?

It is in our own hands. It is our own making!


 

 
Posted by Createwealth8888 at 08:00
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11 comments:

  1. Singapore Man of Leisure7 September 2015 at 10:26:00 GMT+8

    temperament,

    It's also another way of saying I need to improve on my entries and exits ;)

    Money is made only when we EXIT our positions.

    ReplyDelete
  2. Jes7 September 2015 at 10:56:00 GMT+8

    Hi Uncle CW8888,

    All crisis can be opportunities but all opportunities can also be crisis. Losing money will always be more painful than not making more money. So, how to avoid losing money? Hehe.

    ReplyDelete
  3. Unknown7 September 2015 at 17:00:00 GMT+8

    Hi Uncle CW8888, yes i agree. Just a few months ago I was sitting on paper profits and thinking investing is a breeze... then came 'black Monday' and turned my paper profits in losses lol. Have been buying some more beaten down counters slowly and after buying they were beaten down more. Aiyo... bear time is really bad for confidence! :(

    ReplyDelete
    Replies
    1. Createwealth88887 September 2015 at 18:45:00 GMT+8

      Not yet Bear leh

      Delete
    2. yeh7 September 2015 at 18:48:00 GMT+8

      uncle. not yet meh?
      my portfolio already down 17% liao.

      Delete
    3. Lizardo7 September 2015 at 21:56:00 GMT+8

      Technically, a bear market is beyond -20%. So we're only in a "correction".

      Delete
  4. Rolf Suey8 September 2015 at 00:39:00 GMT+8

    ok I am always direct... bear with me..

    one eg of the true bear is when so many (majority) bloggers here r so sad that they will not even have any mood to write articles or to comment anymore!

    Let alone joke my portfolio down how many %! Frankly I may be very quiet online when that happen... u never know...

    So those who still stay calm will continue to work well in their career and have good hobbies eg generate good post if that is one of the things they like..

    ReplyDelete
  5. Createwealth88888 September 2015 at 07:39:00 GMT+8

    True!

    My favourite blogs that I have visited daily and few times per day doses went dead e.g.

    Top Trader become Out,

    ExtraOrdinaryProfit became ExtraordinaryLossess,

    Chief Trainer and Chief Strategist of School of ChatWhatEverWin better shut up and teach;

    Dr X is a PhD in Satellite Communication who has understood the Language of Stock Marke went dumbt;

    and W4NoGo went to jail, etc

    The Power of Great Bear!

    Like Temperament said: LEFT is key across market cycles of Bulls and Bears!


    ReplyDelete
  6. Createwealth88888 September 2015 at 10:27:00 GMT+8

    Later Grasshopper said why you fly with one wing arh?

    ReplyDelete
  7. Singapore Man of Leisure8 September 2015 at 11:08:00 GMT+8

    CW,

    It's just semantics.

    You are flying with both wings too.

    Taking money off the table is a long cash/short equities trade.

    That portion of cash rotting in bank has now "outperformed" your equities portion of the portfolio.

    Those 100% vesting in shares now are the ones who are flying with one wing ;)


    It's also another way of saying we have hedged our positions by raising cash.

    Why would one raise cash if one is totally convinced the market will go up?


    ReplyDelete
  8. Singapore Man of Leisure8 September 2015 at 11:14:00 GMT+8

    temperament,

    Many like to quote "time in the market".

    What you say is very TRUE.

    Market is always be there; if we are no longer solvent, "time in the market" does not apply.

    For me to realise this truth, I paid a heavy fee. Lucky this fee was paid when I'm in my 30s... Not when I'm in my 60s or 70s!

    ReplyDelete

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