As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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

How To Make Long Term Investing Works For You???


Read? Does Long Term Investing Always Work?

Look closely at Uncle8888's Blog head banner when he started blogging on ...


Sunday, 19 November 2006

 


The journal begins ...

 

Today, I take the first small step to start this journal, hope that it will be fun after seeing my children blogging. So I am disputing my youngest son that I am not that old fashioned.















Coming to 9 years of blogging soon!

Hope many silent readers have benefited from these years of reading.


How to make long term investing works for you?


Some will think our success in investing could be due to luck and market timing.

Yes! For short term investing of less than one market cycle, Uncle8888 fully agreed it could be due to luck and market timing; but to survive and continue to build up your wealth substantially from the stock market over decades of several market cycles of bulls and bears.  It will require more than luck and market timing. 

You may be lucky to get into the stock market at the best market timing; but you may not make more money from your luck and the best market timing.

Here is the real people and true story ..

One office auntie who is also another silent reader here has mentioned she bought DBS @ $7.51 in Mar 2009. It was 2 cents lower than Uncle8888's DBS @ $7.53 bought during SARS crisis in Apr 2003. 

She only made small profit as she had sold her DBS way too early.

Her yield on investment cost for DBS @ $7.51 for holding SE Asian largest bank and strong brand is about 7.7%; but she has sold it for small profit.



How bad is 7.7% yield from a strong brand?


So what is the moral of the story?

The answer came from long long ago from this sifu ...


Read? Should our investing decisions be continuous struggle??? (3)

In the famous book entitled Reminiscences of a Stock Operator, Jessie Livermore said: “After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level, which should show the greatest profit.

And their experience invariably matched mine -- that is, they made no real money out of it.

I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.”

Men who can both be right and sit tight are uncommon.




For those who still strongly believe in luck and market timing for long term investing; there is something to learn from this office auntie's story. No?
 


So how to make long term investing works for you?


Like it or not!

Long term investing is still a Game of Strategies.

What are your investing strategies?

What is your Game Plan?

What are Uncle8888's investing strategies and his Game Plan?

All can be found in this blog; but it will require your time, effort and energy to discover them.

Self-discovery is your true learning. It is the same way Uncle8888 has done it. No free lunch! No paying $X,XXX for course fee either! 

Uncle8888 has learned it all free from the cyber world and NLB's book shelves.
 
Now, office auntie said she will be brave and strong in the next Bear market.

She has to prove it to herself!




 






1 comment:

  1. Well said. Well done.

    There is no short-cut to anything in the stock market.
    No such thing as "Yi Pu Deng Tian" in the stock market.
    You just have to pay for your $$$ lessons in the stock markets.
    i hope i will pay for my lessons as a Pioneer Generation from now.
    Not newbie's lesson fee anymore.
    But who can be sure?

    You can say your mental age is 55,65, or 70 by taking a psychology test that says so, when you are only 25 or 30.
    There may be some little truth in the tests but how to really live through a War, a Famine, a SEPT 11 2001, etc ...with all the battle wounds and scars yet survive and not brow beaten, psychologically

    i understand many survivors of the SEPT 11 2011 never regain their usual selves again, till their last days.
    Very sad.

    So don't ever let a severe bear market do it to you.
    Only you will know whether you can survive bear after bear.
    By always being in the market, you will definitely be caught by the BEAR again and again
    It's only whether you can still stay alive and fight another day.

    ReplyDelete

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