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

Saturday, 3 August 2019

Skin In The Game (3)


Read ? Skin In The Game (2)

When someone is telling you that he or she has a skin in the game and tell you to trust and believe!
Do you understand the moral of story below?
The Hen & the Pig Go To Breakfast
A Hen and a Pig were sauntering down the main street of an Indiana town (yes, this is another shaggy dog story!) when they passed a restaurant that advertised “Delicious ham and eggs: 75 cents.” “Sounds like a bargain,” approved the Hen. “That owner obviously know how to run his business. “It’s all very well for you to be so pleased about the dish in question,” observed the Pig with some resentment. “For you it is all in the day’s work (Hen just sacrifices today's egg and tomorrow another egg coming). Let me point out, however, that on my part it represents a genuine sacrifice.” 

 Get it?

 Are you losing an arm or a leg when you are wrong?



Posted by Createwealth8888 at 15:40
Labels:

4 comments:

  1. Spur3 August 2019 at 16:24:00 GMT+8

    Snake oils overcome this by "guaranteeing" capital protected or money back or guarateed returns or minimum rental incomes. Some ask you to top-up extra to buy money back insurance, like the 5-yr extra insurance they promote in courts, best denki, harvey norman etc. LOL!

    ReplyDelete
  2. CreateWealth88884 August 2019 at 11:38:00 GMT+8

    Warranty is more on betting on bad luck happening

    ReplyDelete
  3. Createwealth88884 August 2019 at 16:41:00 GMT+8

    On site repair. Not bad

    ReplyDelete

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