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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Value Investing
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Saturday, 7 September 2019

So hard to sell! (2)


Read? So hard to sell!

 Read? How to Hold a multi-bagger?

 Buy, Right and Hold and then becomes so hard to sell!

 Uncle8888 also find so hard to sell his Three Little Pigs to the Wolf!

 Why like that?

 Lacking in ...

 TA

 FA

 FATA

 Freehold. So can bo chap?

 Endowment bias is far too strong?
"Passive" income at MINIMUM yield on cost @ 6.3% p.a. for life over 42 years till 85 age old.

 It is better than his RA Minimum Sum yearly payout with variable higher payout.

 Hmm ..

 RA Minimum Sum: A lifetime of CPF contributions till 55 after 34 years as employee

 Three Little Pigs : 20 years as retail investor taking emotional roller coaster ride up and down through market cycles and periodically hearing bad news and then time to sell and finding so hard to sell! Sigh!

 Are we smart trader or dumb investor?

Can we really become mutually inclusive as smart trader and smart investor at the same time?

 Can we still find potential multi-baggers with implementation of trailing stops to protect profits over market and economic cycles?























Posted by Createwealth8888 at 09:27
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4 comments:

  1. Spur7 September 2019 at 11:39:00 GMT+8

    Hi Uncle8888,

    Freehold endowment bias basically raises pain threshold! Kekeke!!!

    So you're mentally prepared for -60% drawdown in event of financial crisis type bear markets.

    Preservation against a temporary 3-5 year paper loss in your existing stock positions is not such a key consideration. Especially when viewed as a portfolio approach with your other CPF assets & war chest.

    I can see 2 factors to consider:
    (1) Permanent or near-permanent loss of capital due to significant impairment/disruption of company or industry fundamentals.

    What if any of your piggies slowly become like NOL, Starhub, SPH, or SMRT & M1 (privatisation or re-nationalisation)?

    (2) Yield decay or impairment.

    What if yields go below RA for 2-3 consecutive years?

    Unfortunately cannot recycle into RA or SA!

    Maybe recycle into leveraged REITs! LOL!! 🤣😛

    ReplyDelete
    Replies
    1. CreateWealth88887 September 2019 at 12:58:00 GMT+8

      LoL. One day become dementia. No care about market anymore

      Delete
  2. CreateWealth88887 September 2019 at 12:59:00 GMT+8

    Don't lose money after lifetime of investing is good already

    ReplyDelete
  3. Createwealth88887 September 2019 at 22:14:00 GMT+8

    FH property. Hosay liao!

    ReplyDelete

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