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

Monday, 11 February 2019

The Real Problem Of Agak Agak (Guess/Estimate) In Investing


Especially true to those investing for income or yield as they MAY not include paper losses and/or paper gains disappearing from the table.

 When we calculate to precision of two decimal points and including paper gains disappearing from the table; then investing is not easy. 

 It is damn bloody tough to grab those extra % gains on the table to realize it. Bang head! Alamak!




Posted by Createwealth8888 at 10:02
Labels:

3 comments:

  1. Spur11 February 2019 at 11:12:00 GMT+8

    Heehee not counting drawdowns or paper losses is beyond agak agak ... more gasak gasak liao LOL.

    For me, precision counting is useful when comparing different methods to ensure comparing the same thing, and to see which one good to adopt i.e. steal :)

    ReplyDelete
  2. Singapore Man of Leisure12 February 2019 at 11:02:00 GMT+8

    CW,

    I must give credit when its due.

    You are the only one I know who tracks money GIVEN BACK to the market and show it to everyone!!!


    Plus not forgetting you also open enough to use 2007's highest cashflow as your index 100. That alone sets you apart from all the other snake oils who will only use their worst year as index 100 ;)


    Eh, I'm thirsty...



    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails