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
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday, 20 September 2017

Margin of safety ???

temperament20 September 2017 at 17:32:00 GMT+8

Hi CW****(4 star GENERAL)

My compliment:-

"A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.” – Seth Klarman



How to achieve this kind of margin of safety?


We can't possibly analyze it!

Only Mr. Market will indicate to us over the next few market cycles whether we have achieved this kind of margin of safety.


Less analyzing. More investing - CW8888

Leave it to Mr. Market as he has the final call!


2 comments:

  1. Yup ... When Mr Market gives everybody a -40% or greater discount... That's margin of safety 😄

    Question is how many bullets & missiles you have .... And whether you're willing to pull the trigger? Hohoho!!

    ReplyDelete
  2. Heheheh!!! Not easy to pull trigger when Mr Market gives us a big discount!! :)

    I still feel sick in the stomach whenever I follow trend following signal to go back into the markets e.g. like in Mar-Apr 2016...

    Since I'm already 80% invested, a 10%-15% drop from current levels won't be attractive enough for me to deploy war chest or new money .... Need bigger discount!! Hohoho!!!

    Maybe can just follow Uncle8888 ... I remember he has blueprint to invest how much percentage based on what levels STI drops to!! :) :)

    ReplyDelete

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