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

Saturday 10 February 2018

How Do You Keep Your Winning Money From The Market Safe From The Next Huge Market Reversal???


Read? XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money’


See Jesse Livermore's single largest regret for paying enough attention to his own money managment rules.

So don't poke at Uncle8888's rotting cash as he is paying attention to rules up to two decimal places.


2 comments:

  1. In speculation .. you eat others lunch or you provide lunch.
    Macro Risk Advisors says the trader known as "50 Cent" was able to turn a massive loss into a big profit last week.
    "The persistent buyer of VIX call options that we have been tracking finally made money – and how! As of the Feb 9th close, we calculate that '50 Cent' is up nearly $200 million ever since we started tracking their purchases in January of last year," Pravit Chintawongvanich writes.
    The Cboe Volatility Index, or VIX, is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. It surged by 115.6 percent last Monday to 37.32.

    ReplyDelete
  2. LOL!! Power to their strong hands ... It/they deserved it!! :)

    But most likely an institution protecting an even larger hoard of assets ... they incurred massive cumulative losses of US$200M on this hedging strategy from Jan 2017 until Jan 2018 before striking payday in Feb 2018 of US$400M.

    Get rich or die tryin' --- original 50 Cent ... LOL!

    ReplyDelete

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