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
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Tuesday, 3 September 2019

Market Timing And Attending Investment Training Courses


Market timing is applicable to attending investment training course too! 

 If you happened to attend any investment training course in 2006; you have won shiok shiok till end 2007. 

 Walau! 

 My trainers bagus man! 

 You see how much money I have made! Highly recommended! 

 Here is testimonial!

 Someone told Uncle8888 during his kopi session that he made $200K profits in 2007; but lost back that $200K profits and currently sitting on total net $300K losses in his investment portfolio.

 What if you happened to attend any investment training course in mid 2008. You hosey liao!

 You can proudly produce your testimonial to prove that the course is really bagus! Got multi-baggers some more! 

 Who still say market timing is not important?



Posted by Createwealth8888 at 19:08
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6 comments:

  1. CreateWealth88884 September 2019 at 08:12:00 GMT+8

    In investment blogosphere, how often do we read about retail losing six digits summit money. What we often read just huat ah or dividends coming.

    What we know on losers is just tip of iceberg.

    Why limit CPFIS to 35%?

    Current generation don't understand why?

    ReplyDelete
    Replies
    1. Singapore Man of Leisure4 September 2019 at 11:14:00 GMT+8

      CW,

      Its good to have you sharing the Ying/Yang perspective of investing ;)

      If not, newcomers and bei kambings may think its sure win one...


      Big daddy has already "tarik back" their good intentions to have the majority of Singaporeans own equities due to "low" CPF returns...

      That SingTel shares "lelong sale" to everyone and anyone will not happen again. It was refreshing to admit CPFIS is not "fit for purpose". Respect!

      Now the pendulum has swung to the other side. I'm pleasantly surprised with the "promotion" of CPF voluntary contribution to bei kambings. I guess not losing in nominal terms is better than losing half your CPF in the stock market!

      Delete
  2. Henry4 September 2019 at 11:43:00 GMT+8

    Talking about control...was just thinking may be better to withdraw everything and buy in cash. Why use CPFIS with extra charges? Yes?...No?

    ReplyDelete
  3. CreateWealth88884 September 2019 at 12:44:00 GMT+8

    Until the bank saving account interests rise well above 2.5%, using cpfis refund as war chest is still attractive for those above 55. Those extra charges are negligible compared to 2.5 % compounding interests earned in CPF OA.

    Hmm ..

    Counting in more than 2 decimal places. Mai tio poke later hor!

    ReplyDelete
  4. Rainbow5 September 2019 at 19:38:00 GMT+8

    Uncle Temperament,

    "Why must risk my 2.5% OA interest when no need to risk?" Totally agree!


    Uncle8888,

    "What we know on losers is just tip of iceberg."

    Yeah, so many huat cases in blogosphere, macam the popular bloggers are all gurus haha. I like to read about mistakes, it's only when we know what is failure can we be successful. 失败乃成功之母

    ReplyDelete
  5. Rainbow5 September 2019 at 19:41:00 GMT+8

    Or maybe they have invested for 20 years, only blog recently for 2 years so the past failures were not published but only the glam portfolio after "walking out of failure" got published. :P

    ReplyDelete

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