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



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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

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Value Investing
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Wednesday 15 April 2020

The Mind Part Is Never Easy Even For Veteran Retail Investors!!!


Sunday, 11 February 2018

 Read? On why sound investing principles will always work???

Now; he sianz!

 Real life example of retail investing. It is never easy! Who can analyze that DBS drastically raises its dividend from past year of 66 cts to $1.20 from 2018 onwards!

 Institutions invest along with their rules and policies; but for retails it is all in their Mind and Heart!

 Checked yesterday and heard that he didn't bought back any last sold DBS yet as he is still thinking worse for COVID-19 Greater Bear is coming soon!

 This Fear is far greater than the fear in Jan 2016 and freezes him completely!

 3M's - Method, Mind and Money Management
Posted by Createwealth8888 at 08:47
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4 comments:

  1. Spur15 April 2020 at 10:06:00 GMT+8

    DBS spending more than 3X on share buybacks in March alone compared to whole of 2019 should tell you something. ;)

    Oops I took a look at my comment in your above linked previous blog ... my "pluck from my ass" advice was for him to buy big when STI drop -50%. :P

    Hey maybe we do go down to -50% by end this year & he suddenly got guts to buy big. Then he'll be laughing at all of us! LOL!!

    ReplyDelete
    Replies
    1. Createwealth888815 April 2020 at 10:20:00 GMT+8

      He cashed out his CPF OA to invest for better than 2.5% return. This is his retirement income for life so it is better to be safer to invest retirement fund when STI drops -50%. Concentrated investing at few stocks is different ball game!

      Delete
    2. Spur15 April 2020 at 11:10:00 GMT+8

      Hmm, then even if he has willingness & need, he doesn't have ability to invest big amounts. Maybe up to 25% of his cashed out CPF.

      Even 38-year retail experience also find it hard. "I became a disciplined investor over 40 years. The virus broke me in 40 days." This was recently republished in last Sunday Times, but originally printed in NY Times on 27 March.

      Delete
  2. Createwealth888815 April 2020 at 18:53:00 GMT+8

    The problem with Gold is that you can't generate cash flow to buy food. You have to be a good market timer to turn Gold into cash to fight inflation.

    ReplyDelete

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