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



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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

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Value Investing
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Monday, 12 October 2015

Not Anguish Over Paper Losses???



Let Get Real!

 Not just anguish; sometime it may be depressive too!

 Paper losses are RELATIVE to our account size and net worth. 

Large % drop on paper losses relative to our net worth can be anguish or depressive!

Look closely at icons. It is exactly Uncle8888 felt about his paper losses. 

 Best is to avoid getting into large paper losses and anguish no more!





Posted by Createwealth8888 at 08:03
Labels:

11 comments:

  1. Singapore Man of Leisure12 October 2015 at 08:55:00 GMT+8

    Doesn't sound very "passive" to me...

    Like the duck trying its best to look cool and clam above the waterline - Look! more passive income coming in this month!

    But beneath the water peddling like mad :(

    We see what we want to see ;)

    ReplyDelete
  2. Createwealth888812 October 2015 at 09:05:00 GMT+8

    Above water is passive. Under water is anguish or depressive. LOL!

    ReplyDelete
  3. Singapore Man of Leisure12 October 2015 at 09:30:00 GMT+8

    Shhh....

    You spoil market!

    Other people doing their best to spread sunshine and blue sky scenario... Steady this, ai zai that.

    Putting a nice spin that just as long we have candies every month, all is well! (Just don't peek below the waterline)

    You have to come along and tell the truth that its candy only when you are still in the money. If suffering paper losses, those are panadols :(

    Not making life easy for sunshine cheerleaders like me!

    $@@$^*(*^%##$^!

    LOL!

    ReplyDelete
  4. Createwealth888812 October 2015 at 09:47:00 GMT+8

    Ya.

    Remembering reading somewhere. Truly passive income happens ONLY when we spend on our Interests on Interests for our household living expenses.

    ReplyDelete
  5. yeh12 October 2015 at 11:08:00 GMT+8

    uncle

    u bought any recent sell down? i only able to scoop small quantity good shares

    ReplyDelete
  6. Small Time Investor12 October 2015 at 11:09:00 GMT+8

    Uncle 8888

    Paper loss also pain pain , missed the recent boat, don't know when next boat arriving .

    Oh yeah mlm also like to keep use the term 'passive income'

    ReplyDelete
  7. RayNg12 October 2015 at 15:26:00 GMT+8

    Some fund managers ride through the cycle and emerge stronger after the storm.

    http://yeomancapitalmanagement.com/performance/

    http://www.apolloinvestment.com/performance.htm

    So, it is very much depends on one's investment goal and objective.

    ReplyDelete
    Replies
    1. yeh12 October 2015 at 18:31:00 GMT+8

      well. while my fund drop and nearly hit 100k paper losses. about 22%..
      i really bite teeth and then i buy a bit more in fact..just a bit more as i worried market go down further then i no more fund.

      but ok la. anyway i am still in the boat...

      one good thing is..i hold most are blue chip..now market recovered and my shares also recovered:)

      Delete
    2. Createwealth888812 October 2015 at 18:39:00 GMT+8

      Don't have any illusion that blue chips sure can recover. Blue chips may become blue-black chips and may not recover.

      Delete
    3. yeh12 October 2015 at 18:59:00 GMT+8

      like cosco and noble??

      Delete
  8. Rolf Suey13 October 2015 at 00:55:00 GMT+8

    So investment in stocks is actually like a psychological game. It is not only how good u can analyse a stock, but also how to control yourself. Patience, calm, composed....

    I think it's better to do a "mind stress test!" what if my portfolio down 50%, I loose my job, my property money no enough to pay mortgage etc etc

    ReplyDelete

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