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

Friday 11 March 2016

What Happen To Our Investment Portfolio After Us??? (2)


Read? What Happen To Our Investment Portfolio After Us???


When we are Lao Jiao in the stock market; we can ride the price volatility in our investment portfolio like nothing has happened. But can our successor to our investment portfolio behave like us in the stock market?

Can he go and tell Auntie8888 that Warren Buffet said ..

Price Volatility is not risk.

Risk is permanent loss of capital.


When our investment portfolio reaches certain level; the daily price movement or volatility in portfolio may be damaging or scary to untested investing mind.

May go into depression. Right? Especially in the Land of Retirement.

























3 comments:

  1. Buy some annuity (CPF or private) for her lor... not price volatility.
    At least Auntie888 has fix perpetual income for life.

    ReplyDelete
  2. Hi CW8888,

    My wife belongs to the same category of Auntie8888, and sad to say, my son also bochap. I am trying very hard to educate her/them on investment. If this is not successful, my plan B will kick in:

    Find a suitable time to cash out all investment and put in FD for her!!!!!!! Question is: when is the suitable time?

    ReplyDelete
    Replies
    1. Agreed on scam and con. Just too many of them out there. Sometime relatives are too helpful to help out with their good investment ideas.

      Delete

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