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

Tuesday, 24 March 2020

One veteran sent me this note last night ... (2) - Refresh


Even veterans with decades of experience in the stock market MAY find it difficult to live with market volatility.

 Saturday, 26 September 2015

 Read? After A Few Market Cycles ... Did More Veterans Learn Something??? (2)


Saturday, 23 July 2016

 Read? One veteran sent me this note last night ... (2)


Posted by Createwealth8888 at 10:06
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1 comment:

  1. Spur24 March 2020 at 14:49:00 GMT+8

    Uncle8888,

    LOL! Yeah, the longer I am in the markets, the more I realise I don't know. Kekeke!!

    Mea culpa --- I was too early in deploying my war chest (about 29% so far). No regrets on the last 15 % points though, as my contrarian indicators were hit. :P

    My dual momentum portion is still telling me to remain in cash, although following this indicator to the letter will likely mean missing out on the initial 20% of the move from the absolute bottom.

    For those who are patient can also use the % of S&P500 stocks above their 200DMA:

    Compare this indicator with the S&P500 chart during GFC

    Current picture today

    E.g. wait till 15% of S&P500 stocks are above their 200DMA before going back in.

    You'll probably miss 15% to 20% of the initial up move, but this is the price to pay for greater assurance that you are in a sustainable uptrend.

    Although this focuses on the S&P500, but as correlations go to 1 during crisis period, will also be very relevant to S'pore & Asian markets too! :)

    ReplyDelete

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