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

Tuesday, 18 October 2016

Home Bias or Away Home Bias???


Sunday, 27 March 2011

Read? Investing Made Simple by Uncle8888 (10)


 Any thing seriously wrong with our bias?

 It doesn't really matter when we are still making money over decades in the stock market, over market cycles, and over economic cycles in whatever Bias we may have.

 The real and truly tested investing in managing diversity and risk is cash and investment.

 Make Hay while Sun shines and avoid pulling Weeds during Winter for the next Summer. That will be sad!

 Concepts and theories are good; but nothing beat your own practices and results!



Posted by Createwealth8888 at 18:05
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2 comments:

  1. Siew Mun18 October 2016 at 18:51:00 GMT+8

    Uncle, what is the meaning of avoid pulling Weeds during Winter for the next Summer?

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    Replies
    1. Createwealth888818 October 2016 at 20:12:00 GMT+8

      Make Hay while Sun shines (Take profits in Bull market will have larger war chest).

      Pulling Weeds during Winter (Cut losses on big losers will end up much smaller war chest).

      In investing our account size really matters! Even more so to recover from realized losses.

      Delete

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