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.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
Stock Tips

Thursday, 10 January 2019

#3 – It is easier to succeed as an investor than a trader

Read? 7 Money Secrets from ex-editor of The Business Times, Mano Sabnani


It is possible to succeed as an investor or trader, but I believe it is much better to be an investor.

This has always been a contentious point – investing vs trading. Investing is usually defined as having a long-term horizon while using fundamental analysis as a core investing approach. Trading on the other hand often refers to short-term, higher frequency of entries and exits from the markets.

Traders rely mainly on technical analysis or chart reading to make their decisions.

Having been on both sides of the spectrum, I can tell you that my experience and results showed that it is easier to be an investor than a trader. I have achieved far better results as an investor. 

I have also observed more successful investors than traders in my past decade of interaction with market participants. Successful investors probably outnumbered the successful traders 5:1. Maybe I have a biased sample but it doesn’t stop you from observing your circle and verifying if this is accurate.


CW8888:

Uncle8888's experience in short-term trading and long-term investing since Jan 2000 i.e. over 19 years is ...

As long-term retail investors; we just need to be lucky and be right at right time with the right position to enjoy long term success with yearly harvest for next decades!

Uncle8888 has taken back 100% of his own capital out of the stock market to protect himself from drastic drawdown in the next Bear and he still have yearly cash flow from the stock market without having to do anything more to receive it. 

He is expecting to receive about 7.5% yield on own capital in 2019. 

Relax and still have money coming in

How to be lucky?




























3 comments:

  1. See the difference between trading and investing for portfolio or account income?

    ReplyDelete
  2. Hmmm whenever I hear his name, I'm reminded of the personal finance lesson about sabotaging one's career/job.

    No doubt he stuck to his principles, but paid dearly for it. Luckily(?) it happened late in his career & he probably made his money by then. But still a cautionary tale.

    ReplyDelete
    Replies
    1. Too active during office hours on investing or trading is career limiting move. Don't ever think that Wall has no ears and your bosses not awarea

      Delete

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