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, 11 February 2018

What did I share with a guy called Noobz on our first meeting? (Refresh)


Read? What did I share with a guy called Noobz on our first meeting?
We don't have to learn or re-learn on how to retain losers till zero-baggers! This is already naturally in us as retail investors.

 Recently; Uncle8888 happened to chat with one very senior uncle in his 70s during drinking free coffee and reading Business Times when he asked him : "You retired? You invest?". 

 Later, he said he gave up investing as he has lost too much. Few of his stock holding were consolidated and will never recover his losses!

 The moral of the story : Once your stocks have been consolidated; it is extremely difficult to recover your paper losses!
Why retail investing is so difficult?

 Selling!

 The Art of Selling and at the same time The Art of  Holding as well for cash flow! This is CONTRADICTING Art!

 Paper gains are NOT real; but dividends are real and NOT ALL type of dividends are for you to spend. Beware of some types of dividends that are put temporary in your hand; and after sometime you may have to return some past years dividends which you have received.

 Read? When a Giant Gain Causes Pain (4)


 Terribly NOT easy!
Touchstones, Pillow stocks, really high yield, dividend payout ratio, retained earning and growth dividend story line!

 Simple FATA may be even more helpful over market cycles. No need for fanciful stuff!

 Know them well!

 Read? You Know Company's Balance Sheet In Its Simplest Form???





Posted by Createwealth8888 at 08:31
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