As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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, 3 February 2019

Portfolio Management Concentrate (Verb) or Concentrate (Noun) - Refresh


In investing; we have the following ...

1) Noun and Adjective

2) Noun and Verb

Read? Noun And Adjective As In Investing

Read? CONCENTRATION VS DIVERSIFICATION – LESSONS FROM A FUND MANAGER WHO BLEW UP


Lessons learned. So what did I learn from my plight? First, that I took a big risk when I created a portfolio that was wildly different from Standard & Poor’s 500-stock index. That was especially problematic in 2014, when hardly anyone beat the index. Magnifying the problem was my decision to put too much money into my favorite ideas. I totally bought into the notion that it was foolish to invest in my 60th-best idea. What I overlooked was how bad things could get if I was wrong about my second-best, third-best and fifth-best ideas at the same time.

So now I plan to invest a chunk of the family portfolio in index funds—oh, the horror!—and put most of the rest into companies that should do at least okay no matter how the world changes. In other words, I’m buying the kinds of companies owned by Warren Buffett, who has long recommended owning stocks you’d be happy to hold even if the markets were closed for five years. But, as wise as that advice is, I generally ignored it because it would keep me out of stocks that could double in two years. No longer.

My wife is elated that I’m quitting, which should clue you in to the impact she thought lagging the market was having on my life. I’m looking forward to not following the market every day and finishing my second novel. Investing doesn’t have to make you rich, but it shouldn’t make you miserable.


Read? Portfolio Management Concentrate (Verb) or Concentrate (Noun)


How should we describe a competent retail investor?


By adjective and verb?
By adjective and noun?

Read? Laws that can be applicable to our investing strategies and portfolio management





2 comments:

  1. We all know that climbing up the mountain is different than climbing down :)

    Won the game liao ... is there still a Need??

    But if still able & willing, then not much harm if can set aside some spare amount to climb another mountain or hill? LOL!

    Maybe life can have some room & flexibility, doesn't have to be binary ... yes or no, all in or all out, 100% or 0% :P

    ReplyDelete
    Replies
    1. Quote : "let’s do what Batista should have done – spend a few minutes focusing on the “stay rich” part of the equation. If you’re an investor who has already amassed great wealth and “won the game” what’s the right market approach that will help you keep (and potentially even grow) your wealth?"


      I also thinking hard on handover part of equation.

      Stay rich. handover. still stay rich.

      Delete

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