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

Wednesday, 15 January 2020

Buying Stocks During A Financial Crisis Is A Bad Idea???


When Uncle8888 read this in the investment blogosphere:

Investing For Retirement: Why Buying Stocks During A Financial Crisis Is A Bad Idea


Walau!  Brother, Chun Bo?

20 years in the stock market; Uncle8888's greatest regret in long-term investing is NOT having bigger war chest to cast his fishing net wider and deeper and deeper down during market crashes.

His regret for catching just a few fish in earlier market crashes but NONE in 2008/2009 GFC. Bang head!

That is his biggest mistake and regret!

This shall NOT happen again in the next market crash!

Buying Stocks During A Financial Crisis Is A Bad Idea???

Bad ideas looked like this???

Lifetime of guaranteed MINIMUM yearly Yield from 2000 to 2041 over 42 years is 6.3%


How bad???






7 comments:

  1. CW,

    He would say that, wouldn't he? LOL!

    Veterans who survived a few bull/bears cycles know better. Then again, we won't be his "clients" ;)

    As for bei kambings, well... That's another story!

    ReplyDelete
  2. Kekeke ... I also surprised. Thought it is click-bait. Then saw the submit-your-contact for "follow-up chat" LOL!

    Well, cannot say he never try to sell right?!? Hahaha!

    ReplyDelete
    Replies
    1. Ha ha. Try to sell. With my head full of white hairs, still once in blue moon stopped by agent when passing by insurance roadshow booth. Never stop to try to sell. Ha ha

      Delete
  3. I don't want to be in a situation where I have no money entering into a candy store that has a big discount sale.

    ReplyDelete
  4. Sitting on a pot of gold but done nothing during a crisis is a bad missed opportunity.

    Oh, how I wish my brain was as developed as I am now during the 1998 property crash and 2002/2003 SARS.

    ReplyDelete
    Replies
    1. Peace time can draw out plan to deploy this pot of Gold. Execution count!

      Delete

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