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 1 April 2017

Personal Investing Is Like That. If Not Then What??? (2)


Read? Personal Investing Is Like That. If Not Then What???

Read? You Know Company's Balance Sheet In Its Simplest Form???


Singapore Man of Leisure16 March 2017 at 20:25:00 GMT+8

CW,

I think a bigger problem than poor financial literacy is poor reading skills ;)

The main thrust of your post is the QUESTION you've asked:

"How many retail understand how a company GROWS its balance sheet in a simple layman understanding without an accounting background?"


Guess what?

"Seasoned retail investors" care more about proving you wrong that they know HOW to DEFINE what a balance sheet is.

Talk about big egos...

LOL!


Next time write with crayons.


Those who can't "read" should stay away from fundamental analysis and stick with pictures and cartoons as in technical analysis ;)


CW8888: Weekends exercise for Google Warriors

How about Google-ing this: "how does a company GROWS its balance sheet?"

At macro level without analyzing too much into deeper accounting details; how do you invest or pick stocks at your current personal financial position to your financial independence at point X over the next few market cycles.

Think over it the next few weekends or while travelling on MRT train.

How to get to Point X your next stop Financial Independence?

You know how?




3 comments:

  1. Whenever we read in the cyber world; we have to be clear about it. Is the author already at Point X or far distance away to Point X?

    Their current views MAY BE reflections at Point X rather than getting to Point X!

    ReplyDelete

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