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 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!"
 
 
 

2 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

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