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.

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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

"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.

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Value Investing
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Saturday, 20 February 2016

Importance of 'Action Replays' - Evaluating your investments


Read? Importance of 'Action Replays' - Evaluating your investments


Uncle,

Happy chinese new year.
 
What is this mean?

"Another thing he learned that busyness in the stock market may not really build wealth. Taking and giving back will end up nowhere!"
 
 
 

3 comments:

  1. Hi CW,

    I agree. Must do 'After-action Review'.
    Hahaha.....

    ReplyDelete
  2. haha i still waiting.

    Jesse Livermore says:
    1. “Money is made by sitting, not trading.”
    2. “It takes time to make money.”
    3. “It was never my thinking that made the big money for me, it always was sitting.”
    4. “Nobody can catch all the fluctuations.”
    5. “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”
    6. “Buy right, sit tight.”
    7. “Men who can both be right and sit tight are uncommon.”
    8. “Don’t give me timing, give me time.”
    9. “There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

    ReplyDelete
  3. In short when you buy and when you sell is very important besides what you buy.
    But throughout my stock portfolio history, always buy and sell too early one. That is not to say i have not experienced my portfolio down by 50%. 20% to 40% definitely more then once.
    Be warned.
    Most important are you prepared before hand?
    Shalom.

    ReplyDelete

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