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



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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

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Value Investing
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Sunday, 14 October 2018

A three-way test for your portfolio??? (2)


Read? A three-way test for your portfolio???

 Read?  ‘Studying hard’ not a sure-win to investment success
4. Practise diversification (having a portfolio made up solely of Singapore stocks is not proper diversification) and don't keep actively trading around.
Every time when Uncle8888 reads something like this :

 Diversify, diversify, diversify . 

 Don't be Panda or Koala in the stock market; you will be become extinct very soon!

 Chun bo; after more than 17 years with only Singapore socks in SGX; Uncle8888 still haven't become extinct!

 It is never about the Method! There is no such thing as the right Method for anyone. It is about your own outcome. You choose your own Poison and let your own experience and outcome determine your own right Method!


Method is over-rated!





















Posted by Createwealth8888 at 20:28
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5 comments:

  1. B14 October 2018 at 21:00:00 GMT+8

    SGX companies also have diversification within their own portfolios so I think it's fine.

    ReplyDelete
  2. Spur14 October 2018 at 21:10:00 GMT+8

    Kekeke!!

    Mind is most important, followed by money mgmt.

    Method is least important ;)

    ReplyDelete
    Replies
    1. Createwealth888814 October 2018 at 21:21:00 GMT+8

      :-)

      Trainer can sell Method through courses; but for Mind part needs psychologists to conduct courses.

      Delete
  3. Singapore Man of Leisure14 October 2018 at 22:44:00 GMT+8

    CW,

    LOL!

    What did my little fart wind blew over?



    Anyone who knows something about natural science would be so impressed with your argument!

    Yup, just because the pandas and koala bears are still around - despite being in and out of the endangered species list - everything is fine! Don't worry!

    Simply genius!

    You win liao :)



    P.S. I don't know about you, I sleep better knowing GIC and Temasek have not hired pandas and koala bears to invest our reserves ONLY in Singapore equities and Singapore bonds ;)

    Phew!



    ReplyDelete

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