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

Thursday, 23 June 2016

Financial Education Is Small Price To Pay. So Don't Laugh???


Read? How to be a Financial Freedom snake oil



Read? Self Interest vs. Vested Interest???


To confess here.

Actually, Uncle8888 is watching this junior than CW8888 newbie investor closely on his investment progress after he has attended some 15% return investment training course. So far; his progress is disappointing.

Can long-term investing over decades of market cycles be taught like Turtle Trading?

It is something like buying life insurances from friends or relatives; by the time we need them to settle our insurance policies; they may move on.

Same as these investment course trainers. Our investment result can only be proven after at least one decade. By that time; the investment course trainers like insurance agents may have move on and we are left on our own to suck fingers!


Read? Master the Art of Formless Form - The Greatest of All Kung Fu in Investing (2)



Trading courses are different. Results are known in shorter time frame; but the trainees are always at fault.

Did you do this or that? No? Then your fault!



Posted by Createwealth8888 at 07:59
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2 comments:

  1. Createwealth888823 June 2016 at 08:16:00 GMT+8

    What snake oil and seasoned sales people have in common?

    After years of experience; they have learnt to overcome all expected commonly known queries and objections. :-)

    ReplyDelete
  2. SMK23 June 2016 at 17:16:00 GMT+8

    now the investment course snake oil have advanced liao.

    they use warren buffett name, use value investing as front, can list overseas some more, talk down people in facebook, pretend to be religious (personally throughout my life, I find people who quote religiously every other speech have proven themselves to be quite pretentious), setup investment funds.

    generally, every snake oil person will mention in their presentations to:
    1. write down their words.
    2. raise your hands.
    3. pose for a group photo
    4. wake up early like 4am 5am like they do. (the earliest I met said to wake 3am)

    all these are warning signs.

    if you encounter one, then you are in the company of snake oil: you are being sold to.

    ReplyDelete

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