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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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 2 October 2017

Secret Of Secret Behind Position Sizing???


RayNg1 October 2017 at 08:05:00 GMT+8

 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. 
Position sizing?

 Your account size really matters!

 Account size?

 Your earned income and saving rate really matters!

 Earned income?

 Your progressive career path really matters!

 Progressive career?

 Your bosses really matter!
Bosses?

 Don't ever offend your bosses!

Posted by Createwealth8888 at 08:20
Labels:

2 comments:

  1. RayNg2 October 2017 at 12:36:00 GMT+8

    Bottom line ....

    Rule #1: Never offend your boss
    Rule #2: Never forget Rule #1

    LOL ...

    5 Why (for fun)

    1. Why never offend your boss?
    b'cos it will affect your progressive career

    2. Why progressive career so important?
    b'cos it will affect your earn income

    3. Why earn income important?
    b'cos it will affect your saving rate

    4. Why saving rate important?
    b'cos it will affect your account size

    5. Why account size important?
    b'cos it will have significant impact to your total return

    ReplyDelete

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