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, 23 January 2016

One Lesson Learnt After Looking Back At The Past 16 Years Records In Long-term Investing and Short-term Trading.



For small retail investor like Uncle8888 who has a full-time job to take care and his earned income is enough to feed his family of five member as single household income. It is tight but manageable!

He has learned one lesson after looking back at his past 16 years records in long-term investing and short-term trading. It is better NOT to speculate in the stock market for monthly or daily cash flow. 

Trading for a living is a full-time job. Are we financially off better in trading for living or working for a living? 

We should be true and honest to ourselves after we have tried our hands on it.













Posted by Createwealth8888 at 07:50
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1 comment:

  1. Singapore Man of Leisure24 January 2016 at 08:31:00 GMT+8

    temperament,

    I am trading full time.

    But I am not trading for a living ;)

    ReplyDelete

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