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

Sunday, 29 March 2020

Most Retail Investors Will Need To Go Through At Least One Bear Market Crash Before Believing In "Passive" Income For Retirement


Past few weeks; Uncle8888 has received more emails from blog readers and Whatapps messages from his ex-colleagues with common topics in their mind. 

 How ah? Cut losses and recycle capital when market drops lower?

 Can I recover my paper losses? 

 Can I still believe in "passive" income from investing to FIRE or retire?

 Sigh!!!

 One guy in his 50s who has just started investing a few years ago and now sitting on more than $200K paper losses and feeling stress and more stress from his nagging wife that these paper losses could have funded their son university study!  

 Market already stressed him and nagging wife who doesn't understand market add more stress! Cham!

 Hope his son doesn't ask him. Papa still okay or not?
Hmm ..  Uncle8888 still remember this ... same same :-)

 Read? Not Interested In Investing or Too scared To Invest???

 Why it is known as personal investing? Don't let wife know too. It is very personal!!!


Posted by Createwealth8888 at 10:11
Labels:

7 comments:

  1. Small Time Investor29 March 2020 at 11:41:00 GMT+8

    Uncle 8888

    This should be where woman comes out better than man. I have one auntie client who says this as well.

    Personal investment is very personal. And in the end,its for the family.

    ReplyDelete
  2. Spur29 March 2020 at 16:24:00 GMT+8

    Temperament,

    Buffett has caught many falling knives before & likely he's doing so at this time too. This will be confirmed in the next 2 weeks when we can see his quarterly 13F to see what he has been buying / selling in the first 3 months of 2020.

    Probably his most famous "falling knife(ves)" was in 16 Oct 2008, when he had finally started buying stocks in a big way again. "Buy American. I am."

    S&P500 went on to drop from 950 to 670 i.e. another -29% drop ... on top of the earlier -36% drop from Oct 2007 to Oct 2008. If Buffett was an employee running a hedge fund or unit trust, he might very well be fired by Nov 2008 or Feb 2009.

    Of course by Oct 2012, everyone had forgotten what a lousy market timer Buffett was LOL!!

    He can afford to be early, as long he thinks the valuation is cheap enough & the company is not going to kaput in the recession. Buffett probably has a few B's of household expenses rotting in savings accounts & T-bills & CDs (US version of FDs). 😂

    ReplyDelete
  3. Small Time Investor29 March 2020 at 18:21:00 GMT+8

    Buffett is a businessman by natural, just that he is so good in investing as well, that people forgot he is a businessman by natural. Haha

    ReplyDelete
  4. Spur29 March 2020 at 18:56:00 GMT+8

    Temperament,

    There were many opportunities a week or 2 ago ... and I'm sure there will be many more in the weeks & months ahead.

    Just whether we are able, willing & need to invest ... or not. Kekeke!!

    ReplyDelete
  5. The Dreamzola Traveller29 March 2020 at 20:36:00 GMT+8

    Ahem...cough....in good times they tend to be quiet, but when things start goes haywire all those ' I told you so' starting ringing around the ears.
    No, not my wife, I'm not married. It's my mom. LOL I guess all woman the same no matter which role.

    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails