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.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Saturday, 24 June 2017

Is Bear Market that Scary??? (2)


Read? Is Bear Market that Scary???


 Casino, Share Financing and Leverages 


 Human emotion in dealing with escalating losses and hope to recover from huge losses at all costs is unbelievable when we are in good times and sensible. 

 How can it happen when we know we are in control? How come?

 This Chinese's saying on escalating losses in gambling, leveraged speculating and investing is evergreen.

 Lose until Mad!


Posted by Createwealth8888 at 08:07
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3 comments:

  1. Createwealth888824 June 2017 at 08:11:00 GMT+8

    How many know enough is enough and then stop?

    Losses and seeking financial independence same same?

    How much is enough then we shall stop it?

    ReplyDelete
  2. Spur24 June 2017 at 09:40:00 GMT+8

    It depends ...

    Those who are young & starting to save and invest for retirement should be on their knees praying for a HUUUUUGE bear market.

    Those who are relatively good momentum traders should also be going to church/temple/mosque every week praying for BIG bear market.

    Those in their 50s or 60s or 70s with large allocations to equities and being "fully invested", but who lack tactical asset allocation skills, will be CRUSHED by HUUUUGE bear.

    That's what happened to many baby boomers in the US when GFC occurred. Many had to delay retirement; many others had to come out of retirement, as their retirement funds kena demolished.

    Lucky for them got Paulson, Bernanke, Geithner, Obama to the rescue & make them whole again within 6 years.

    ReplyDelete
    Replies
    1. Createwealth888824 June 2017 at 09:49:00 GMT+8

      Any financial advice, view or tip has to be dispense at very personal financial level. General assumption is seldom sustainable as each household is different so their financial needs and goals tend vary.

      Younger tend to have time but may lack the account size. Older may have larger account size but lack of time. :-)

      Delete

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