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

Sunday 1 October 2017

Position Sizing. Let The Winners Run. Having Some Fun On The Winners. Cap The Losers

Singapore Man of Leisure 29 September 2017 at 10:12:00 GMT+8

Readers out there who may want to ask CW out for kopi kosong, you may want to jio me along!

I play the role of "got shadow or not" verification ;)

Especially if you believe in the "clash of ideas".

Don't believe?

I'll show you.

Of all the highlights, CW, you left out the most important "HOW" bit:

"You want to let the winners run. When the fun ones get better, add to 'em, and that one winner."


If you tell your readers your 10 bagger Keppel or Sembawang is only 1000 shares each, they will go, "Cheh!"

LOL!

I hope this settles the question of concentration versus diversification ;)


CW8888

OK. OK. Now shows the most important "How" on When the fun ones get better, add to 'em, and that one "winner".


Of course, he was having fun until Mr. Market came to spoil the fun ones! :-(



Thursday, 16 October 2014
Read? Kep Corp : Bought @ $9.64 for Round 95


Monday, 13 October 2014
Read? SembCorp Industries (SCI): Bought @ $4.97 for Round 54


Friday, 31 March 2017
Read? DBS : Sold @ $19.38 (Re-presenting it in new format)




10 comments:

  1. SMOL "If you tell your readers your 10 bagger Keppel or Sembawang is only 1000 shares each, they will go, "Cheh!"
    LOL!

    --------------------------------

    Yes, beside getting it right and hold, the sizing is also equally important.

    ReplyDelete
    Replies
    1. Ray,

      Yup. If not, any Tom, Dick, and Harry can shotgun 100 stocks, each no more than 1% in his portfolio, and come bragging he got one 10 bagger! (This is not skill; its blanket party)

      If I got a 10 bagger, I would hope its at least 25% of my porfolio!!!

      I Haven't got a 10 bagger in an individual stock yet. So I cannot talk too loud.

      Paiseh, paiseh ;)


      Delete
    2. Hahaha .... Tom, Dick, Harry & John Templeton.... He borrowed money to buy 100 penny stocks during the depths of the Great Depression in the mid-1930s...

      1/3 of his stocks went bankrupt by 1939 ... the rest survived to earned him back many times his initial capital ... but also thanks a bit to WW2 lah .... massive QE stimulus to prime pump the economy...

      Delete
  2. CW,

    That's I'm impressed with those investors who manage to buy at the bottoms - could be skill; could be luck.

    But I'm super RESPECT those investors who manage to SELL before 1997, 2000, 2007 ;)

    Don't need to sell 100% everything. Going more than 50% in cash is already considered skill!!!


    Must take responsibility. Cannot always blame the market.

    You fell asleep at the wheel (forgetting there are cycles) in 2008; now you are prepared even if market surprise us to take out the fun ;)


    Markets up or down we have no control or influence. (Its all pure dumb luck!)

    But HOW much we want to remain vested is 100% in our control ;) (Some skill involved?)



    ReplyDelete
    Replies
    1. When we having too much fun in the market we forgot about the Time. Sigh!

      Delete
  3. So you pocketed 10 bagger and laughing all the way to bank. :)

    Do you double up $150K since then?


    ReplyDelete
  4. 30 years of panadols is more than 10 baggers and still remaining another 10 baggers of urealized capital gains. $150K --> $500K in 30 years

    ReplyDelete
  5. With low cost capital based already locked in; at the next bear market you can easily switch to different categories of sick horses for the Return of the King!

    Once right; the next time is much easier to do it again without too worry of losing hard earned money.

    ReplyDelete
  6. Yes, agree.

    SG GDP growth for the next 20 years is ~ 2~3%. Many bluechip companies will be either have slow growth or out of game.

    ReplyDelete

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