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, 8 June 2018

Investors's Mistakes And What We Can Learn From Them


Read? 5 Great Investors' Worst Mistakes (And What They Teach Us)

 Read? Here Are Some of the Most Epic Mistakes by Famous Investors: Michael Batnick


 What we can learn from these investors' mistakes?

 Position sizing, stop losses or cut losses, don't risk more than 10% of your capital on any single stock and not more than 20 or 30% on any sector; do your homework before investing, etc

 Investing lessons are learnt from mistakes!

 How come we seldom come across investment  articles about "mistakes" of selling way too early and missing multi bagger yield on investment cost and multi baggers capital gains?

 Hmm ... taking profits off the table is never wrong. 

 Where got mistakes? 

 No lesson learnt from selling way too early and missing those big fat gains? 

 So it is like that?




Posted by Createwealth8888 at 21:27
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3 comments:

  1. Singapore Man of Leisure9 June 2018 at 10:28:00 GMT+8

    CW,

    Those investment mistakes we hear are those where we have capitulated and taken the loss. We have closure and moved on.

    You don't hear about "mistakes" in selling too early for the same reason we don't hear about HUGE paper losses we are still hanging on to ;)

    Don't ask; don't tell.

    LOL!




    ReplyDelete
  2. Rainbow10 June 2018 at 21:20:00 GMT+8

    Lesson learnt *hands up*
    Does uncle8888 have a post on 'how to not sell too early'?

    ReplyDelete
    Replies
    1. CreateWealth888811 June 2018 at 09:03:00 GMT+8

      Those starfishes lim kopi all heard from the Horse and taking home illustrated diagrams.

      Sunday, 29 August 2010
      Read? What did I share with a guy called Noobz on our first meeting?

      Delete

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