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
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 8 August 2019

Why I No Need To Open Margin Account To Improve My ROC???



Straight talk answer on margin account!

Those who got enough won't be easily hoodwinked by snake oils...

Its those who have little or not enough capital and have hole-in-the-heart that are more pliable...

Not enough? Just use share-financing or margin account so you can double or triple your capital! 



6 comments:

  1. CW,

    If we don't have to be 100% invested in the markets to enjoy our lifestyle, we can sleep better at night. That's a sign we are diversified enough ;)

    Imagine those who are 200% or 300% invested just to meet the minimum PC requirement...


    Its like buying a car or condo on borderline basis...

    ReplyDelete
    Replies
    1. If we know what is enough. Do we know? Or how many people seriously know?

      Delete
    2. Majority of people use large leverage for gian png reasons. Hahaha! Not to maintain FIRE.

      People who use margin in pure zero-income retirement are (1) in the tiny minority, and (2) only a very small portion of their overall portfolio & using lower leverage, certainly less than 50% e.g. 1.2X to 1.4X

      That's why most rich people will prefer to employ large leverage in rental properties rather than in paper assets --- collateralised, hence cheaper interest, more favourable financing & much lower chance of margin call.

      Delete
    3. Those who still don't believe in season of the Sun will use margin to generate and maintain cash flow either in retirement or FIRE. Hope that Winter never come.

      Delete
  2. We need more leverage to keep the bull charging!!!

    Please!!! More kool aid!!!!

    LOL!!!

    ReplyDelete
  3. If you just trade or invest equities only and had adequate capital to meet your investment income level. Why you need margin account?

    ReplyDelete

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