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

Friday, 11 September 2015

You don't need to win back the same way as you have lost them


Read? Average Down or Pyramid Up? (2)

Eat your vegetables!

No matters how their parents nagged them; some still don't eat their vegetables.

You don't need to win back the same way as you have lost them - CW8888

Alamak!

Still receiving email like this one ..

 uncle.

u think i should average down my current stock..then can faster breakeven and sell?


Read? More on Average Down






Real People, Real Thinking on how to recover losses!

Posted by Createwealth8888 at 07:21
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2 comments:

  1. Createwealth888811 September 2015 at 07:46:00 GMT+8

    Ask any retail investors who have lost big money. What have they done to get into this large loss?

    ReplyDelete
  2. Singapore Man of Leisure11 September 2015 at 08:33:00 GMT+8

    CW,

    Now we are talking!

    I did the same in early 2003, although I just called it "switching horses".

    Your "You don't have to win back the same way as you have lost them" is way much cooler!


    Skills or techniques that are hard to execute, these are usually the higher level ones ;)

    Why hard?

    First step is to admit we could be wrong.

    Not anyone and everyone can do this...

    ReplyDelete

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