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, 21 September 2019

How to know you have achieved Mastery?

Read? How to know you have achieved Mastery?
How do I know?

 Uncle8888 has been tracking and measuring so he has 20 years worth of data points to review.

 He also has his war chest deployment plan ready for the next bear market.

 He then stress tested his investment portfolio for the next crisis!

 Compare the last crisis actual with the stress test result for the next crisis and se what is difference?

 Mastery is the difference!

 Hee hee!








Posted by Createwealth8888 at 21:58
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5 comments:

  1. Rainbow21 September 2019 at 22:51:00 GMT+8

    Hi Uncle8888,

    If you can relive the 07-08 period, what would you have done differently to prevent a plunge from 157% to 15%?

    How did you derive the projected plunge value (41%)?

    Seeking some enlightenments. :)

    ReplyDelete
    Replies
    1. Spur22 September 2019 at 01:53:00 GMT+8

      Coz Uncle8888 targeting next Big Bear bottom to be 1850-1900, roughly -48% from 2018 highs? 😛

      Hence a portfolio at 274% will drop to 141% 😉

      Check out his STI major points chart, heehee!

      Delete
  2. Rainbow22 September 2019 at 11:17:00 GMT+8

    Thanks Spur for your reply.

    Wa... Maybe a big black swan event? :P

    ReplyDelete
  3. Rainbow22 September 2019 at 11:22:00 GMT+8

    Moral of the story I guess is emotional and risk management. http://createwealth8888.blogspot.com/2011/01/chasing-last-100k-last-mile-and-may.html

    ReplyDelete
  4. CreateWealth888822 September 2019 at 13:50:00 GMT+8

    Next crisis. FED can't lower interest rate anymore. May be government gives everyone 10k to spend. LOL

    ReplyDelete

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