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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Thursday 26 October 2017

Lucky Or Unlucky When You First Get Started Investing Over Market Cycles (2)


Read? Lucky Or Unlucky When You First Get Started Investing Over Market Cycles

Just last Monday at kopi session; Uncle8888 told one Starfish who has been passive investor in unit trusts for six years and thinking of switching over to become active investor. We also talk about element of market timing and luck factor.

Uncle8888 told him if he wish to test his luck in the stock market he can switch now to become active investor when STI is at 3,XXX.

Get it?






3 comments:

  1. Haha Uncle8888 ... only those who have gone thru a few big bear-bears will encourage a newbie to test active stock picking at late bull stage... :)

    Hope you told him to allocate no more than 10% - 20% of his current portfolio to test test!! Hohoho!!! 6 years of gains in strong bull market is an expensive way to pay school fees!! :)

    If he's lucky, a significant 10+% correction will happen soon to give valuable lessons.

    If he unlucky, the markets will continue cheonging another 100++% and making him feel like a genius & making him dump 100% of his portfolio into individual stock picks...

    ReplyDelete
  2. How to be lucky in the stock market?

    Try to get your market timing right is like buying those lucky ToTo tickets but not necessary the one for Jackpot prize.

    ReplyDelete
  3. "100% into individual stock pick" in a Bull's Market?

    Wow!

    That's my perpetual dream.

    If lucky, get out from market in time.

    But no i always have been too Kia Sie.

    Always get out too early.

    But then that's how i made some good money from our former National Shipping company.

    Our G has changed his mind that Singapore doesn't need a National Shipping Line anymore.

    Is it safe not to have our own shipping line in time of chaos?

    What are next?

    SPH? CFG? SING POST? even NTUC & DBS one day?

    Never say or think "NEVER" in the Market.

    It's our world, nothing is absolutely constant.



    ReplyDelete

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