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, 26 November 2017

Stock market Volatility Is NOT Risk!


This statement has to be fully explained!

 Stock market volatility is NOT risk is ONLY applicable to those retail investors NOT doing any form of leverages AND DON'T depend on their investment portfolio for draw-down to supplement or fund their annual household expenses AND they still have war chest to fight as market continues to trend lower AND they are also NOT afraid of sitting on gigantic gains when market turns in their favor.

 The days when we turn into depending on partial draw-down on our investment portfolio then Volatility becomes risk!
Read? Peter Lynch on His Secret to Superior Returns (2)

 Forced selling during market low to cover any expenses is a terrible and horrible wrong thing to do as long-term retail investors over market cycles!


Show Uncle8888 your money management, position sizing and firing strategies. He will give you his comments for you to go up Bukit Timah or Mount Faber Hill next weekends to think it loud about it.

 Read? 3M's - Method, Money, Mind (5)

3M's - The Circles of Competency as long-term retail investors over several market cycles. How to win this money game!








Posted by Createwealth8888 at 09:45
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3 comments:

  1. RayNg26 November 2017 at 16:45:00 GMT+8

    Just kapo to comment...

    I read your 3M diagram and it tells me that Method is the most important as it is in the center and a bull eye.

    I know you're trying to illustrate that Money Management is the most important, by showing the biggest area.

    So how? Can show a MM in the center but occupy a bigger area than the other 2?


    p.s. previously you shown:

    1 .A funnel diagram that Method is on top, follow by Mind and MM at the bottom.

    2. A Trapezoid, that the with Mind on top, middle is Money and bottom is Method.

    You used to said Mind is the most important, but now Money Management is the most important?




    ReplyDelete
    Replies
    1. CreateWealth888826 November 2017 at 17:14:00 GMT+8

      Mind over money or Money over mind?

      When we are no longer have any earned income from human asset; it is Money over mind. In the investment blogosphere, we can see who are steady ones. Mind or Money? :-)

      Delete
    2. RayNg26 November 2017 at 17:28:00 GMT+8

      Ya lah.... When we retire and no more active, wealth preservation is most important.

      So, it should Money over mind lor.

      lol

      Delete

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