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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Technical Analysis and Charting
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Tuesday, 14 April 2020

Possible To Lose 90% of Wealth Through Higher Leverages ???


Read? Margin Calls? No Scare! My Leverage Is Low And Far From Margin Call. Steady OK?

 Long time reader, Ray Ng shared this blog post with Uncle8888 to share it here!

 Hmm .. sound like Jesse Livermore!

I am so ashamed to admit that I lost about 90% of my wealth in the last few weeks when all my investment bankers forced sell a large portion of my wife and my holdings.

Read? My reply to Tradeview’s open letter - Koon Yew Yin


Posted by Createwealth8888 at 16:25
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1 comment:

  1. Createwealth888814 April 2020 at 16:31:00 GMT+8

    Margin calls followed by forced selling will turn paper losses into realized losses with no chance of recovery of losses even when market suddenly reversed and turned around in the following weeks or months.

    Burnt!

    ReplyDelete

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