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

Wednesday 7 February 2018

Having War Chest And Deploying Your War Chest Is Two Different Thing!!!


Read? What was I thinking and feeling in Mar 2009 Bear market low? (2)


 Createwealth8888 till today can still remember clearly when two very experienced cyber investing kakis in the stock market who believed in their favourite and trusted Guru's view in Mar 2009 were congratulating themselves for staying very cash rich in Mar 2009. One was 90% cash and the other 100% cash!!! 
Posted by Createwealth8888 at 20:55
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2 comments:

  1. Rolf Suey8 February 2018 at 00:27:00 GMT+8

    Hi temperament long time no see,

    wow saw the 666 drop and come back to kay poh...

    nobody can time. But maybe better to have 2 instruments. eg if u have an instrument that when stock down, that instrument up, or vice versa..

    Then when market down, let’s say gold and silver goes up, then maybe can sell the metals to buy stocks... if metals also go down w stocks, then :-(

    just have to wait.. hahaha

    ReplyDelete
  2. Rolf Suey8 February 2018 at 21:58:00 GMT+8

    Yes the money rotting in the bank is better or maybe use some to pay down debts like housing loans etc is better than deployed for the sake of deploying.

    Hahaha.. Allen Greenspan creates the problem, now he left Fed, starts to comment on the problem he knew so well, bcos he is one of the contributors..

    ReplyDelete

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