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

Monday 3 April 2017

What is the secret sauce?


This is another interesting piece of good news in the investment blogosphere!

In the end, I lost a huge sum of US$50,000. Unfortunately, it was supposed to be my wedding money. Boy, you could imagine how disappointed my wife was then. In fact, I felt like I have failed her at that point of time…

Fast forward a few years later, I have now managed to find the secret sauce that allowed me to build a 7 figure investment portfolio.


CW8888: A super large pot of Curry Bei Kamping?


4 comments:

  1. CW,

    LOL!

    The definition of "secret" is don't let others know.

    If someone is willing to "sell" his "secret" to anyone and everyone - just as long they pay school fees - what does that make him?


    Of course veterans know what's the "secret sauce" - its to teach others how to invest or trade :)

    That's how you achieve that first million of yours!

    LOL!

    ReplyDelete
    Replies
    1. Like late "Guru"'s mission on planet Earth to give back to the society by making 10,000 people to become millionaires. Based on 50% margin for his $2,XXX course fee; $1,000 X 10,000 = $10,000,000 and that is 8 figure investment portfolio.

      Delete
    2. CW,

      I know some of his students have become "gurus" themselves. These are probably the smarter ones who listened to what their "teacher DO, and not what he SAYS ;)

      I wonder what happened to the rest of the majority students?

      Have they forsaken the late guru's teachings and gone to new "gurus" everyone... (Out of sight; out of mind)

      Are they doing well with their investments? Still on target with their goals towards financial freedom?

      Or are they struggling with most of their positions still under water despite STI almost hitting 3200 again?

      Or maybe they have already given up DIY investing and switched to passive low cost indexing?



      The funny thing is if the teachings of "gurus" past worked, there would be lots more people of our generation who are now financially free.

      Notice tose who are financially free and have a blog, not a SINGLE one has attributed their "success" to attending or following any "gurus"...

      Or maybe everyone of us are ingrats?

      Cross river demolish the bridge?

      Delete
    3. Net course fees injected into their investment portfolio will one day cross 7 figure and that is the sauce secret. How come so many bei kamping don't see it. Cash injection can grow one's investment portfolio. It is so simple!

      Delete

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