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

Wednesday, 1 June 2016

Portfolio Management and Risk Control - Not All Poisons Kill!


What Uncle8888 knew from his encounters with many other retail investors on their large losses and become extremely difficult to recover from such large losses is that they have been averaging down their losses till no return!

That is very bad portfolio management and risk control!

Uncle8888 as fisherman and no matter how careful he can be; but at some moment of complacency and carelessness he has been stung by sting-ray, catfish and scorpion fish. Luckily, he was not bitten by sea-snake; otherwise, he wouldn't be around to blog!

Not all poisons kill!




Posted by Createwealth8888 at 08:16
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2 comments:

  1. Singapore Man of Leisure1 June 2016 at 14:32:00 GMT+8

    CW,

    I didn't know fishing also dangerous!

    That's it!

    I'll stick with fishing using magnets and plastic fishes with metal mouths in a little pail.

    Hey! I still remember my kindergarten games!

    ReplyDelete
  2. Createwealth88881 June 2016 at 21:51:00 GMT+8

    Stonefish are members of the family Scorpaenidae, or scorpion fish.

    ReplyDelete

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