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

Sunday, 16 June 2019

Next STI Market Crash In 202X??? This Time Will Be Different For Me.

The best investing mentor is Mr. Market himself. He will teach us what to do and what NOT to do in future market cycles. Good and bad investment lessons are learnt over market cycles.

 If you haven't been through at least market cycles. Be humble!

 Whatever wealth you currently have in the stock market may just an illusion; but whatever current paper losses can be real!

 Hard and painful lessons learnt in 2008 have made this time will be different for me!

 Read? In the Bearish 31 Dec 2008 : Who Took My Wealth? But, 7 Years after 2008, In 9 Jan 2016

 1. No more cutting losses to contra trading!

 2. No more financial pressure of ensuring adequate liquidity to fund two children university education.

 3. All time ready to fight the next Bear with the largest war chest.







Posted by Createwealth8888 at 19:14
Labels:

6 comments:

  1. coconut18 June 2019 at 11:24:00 GMT+8

    hello guys, any idea wheres SMOL? seems like he had disappeared....

    ReplyDelete
    Replies
    1. CreateWealth888818 June 2019 at 11:30:00 GMT+8

      I have met him for dinner few weeks ago. He is okay lah. He is man of leisure and can disappear whenever he likes

      Delete
    2. coconut18 June 2019 at 11:31:00 GMT+8

      by the way, 55% in war chast? seems like a little too high in my opinion. instead i will invest partly in some fixed income instruments.

      Delete
  2. coconut18 June 2019 at 11:33:00 GMT+8

    glade to hear that he is fine! for our age, many of my friends are falling ill pretty fast. do take care.

    ReplyDelete
  3. Createwealth888818 June 2019 at 23:32:00 GMT+8

    Yeah! My TCM sinseh always asked "pang sai" OK or not?

    ReplyDelete
  4. Sy19 June 2019 at 08:06:00 GMT+8

    Hi bro cw

    Glad that i smol ok, long time no see him write...
    My tcm also ask me the same questions every time. Asking me the colour & the looks also... hehehe

    ReplyDelete

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