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

Friday, 24 November 2017

Pre-AFC Nothing Could Gone Wrong. Hoot Tua Tua or Supercharge Your Leverage!!!

May be many folks are too young to know what has happened during pre-AFC days of leverages, margins and CPFIS. 

It was those period at your own time, own target and fired. Even Big Daddy caught sleeping with CPFIS!

How could brokers went bankrupt when Parliament was debating on brokers earning higher pay than Ministers?

One broker jumped from Shenton Way's high building!


How could DBS fail?


One secondary principal did home mortgage to supercharge his investment in DBS. Hoot tua tua. Never waste a crisis. But; DBS kept going down and he went bankrupt. He lost his landed property and lost his job too!


Folks like Uncle8888 who lived through AFC and seeing one of his own relatives nearly bankrupt to shares financing - pledge your shares to supercharge and pledge new shares and re-supercharge. Hoot tua tua! So many doing it! Why scare?

In Chinese saying. Lose until mad! Hard to understand why?

When folks become mad after losing too much; what is risk management?

They only just want to to recover their large losses and then chop fingers. They promise!

Yes. DBS didn't bankrupt.; but principal did!

We are shaped on what we went through!

Why Uncle8888 is like that?






2 comments:

  1. For "safe" assets like home equity or CPF --- to risk in stock markets .... should only be done in big bear, not in bull.

    Specifically after long-term indicators start showing signs of price recovery after a major 30++% drop in the markets.

    And probably good to just ride the 1st year or so of recovery. The initial surge in the 1st 6-12 months will be the strongest. E.g. 1999 & 2003 & 2009.

    You don't want to overstay in risk markets with your "safe" money.

    ReplyDelete
  2. Leverage?

    i am not that smart enough.

    i know i am not good at jumping in and out of a bon fire.

    With my own money, i already find it not so easy swimming with the sharks.

    ReplyDelete

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