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, 3 January 2021

No Real Investing Targets But Just Plan In 2021 For The Next Bear

 





























Posted by Createwealth8888 at 10:31
Labels:

6 comments:

  1. Singapore Man of Leisure3 January 2021 at 10:54:00 GMT+8

    CW,

    I compliment you ;)

    Getting rid of goals that we have no control or much influence over is a start!

    You are the few who did EXECUTE your buying plans during March 2020. Although it was scary - the more you buy, the more it dropped!

    So when you say this is your plan for 2021, I trust!!!


    LOL!

    No buying plans for STI as it breaches 3000, then 3300, then 3600?



    We also saw who plan this, plan that; say this, say that - but in the end did nothing except moving the goal posts. NATO.

    Yup, like in the corporate world, excessive planners are those who do so just to avoid making any decisions ;)

    ReplyDelete
    Replies
    1. Createwealth88883 January 2021 at 11:00:00 GMT+8

      No buying plans for STI as it breaches 3000, then 3300, then 3600?

      Sell the Bull. Buy the Bear! Ha ha!

      Cheapskate investor who likes sales and discount; but sales and discount items may be near expiry to be get rid off by merchants. LOL!

      Delete
  2. mysecretinvestment3 January 2021 at 11:18:00 GMT+8

    Nice. More colourful charts, I like. :-)

    I remembered I "owed" SMOL the details of our (my wife & I) CPF interest earned for 2020. I posted them in my comments to CW's earlier blogposts but decided to remove it. I understand it may upset some people.

    Suffice to say that, with the inclusion of the interests, as a couple, we have attained 3M60 ($3M in our combined CPF account). This is a necessary check point if you want to hit 4M65, the audacious goal set by Mr Loo. At 3M60, the projected interests for 2021 would be around $93,000.

    And the CPF lovers are also celebrating a certain someone who attained 1M50. Or more accurately 1M49, since he has not yet turned 50. Its really amazing given that he retired at 45!!

    ReplyDelete
    Replies
    1. Createwealth88883 January 2021 at 11:37:00 GMT+8

      Manpower Minister should be happy with so many CPF lovers planning to use My CPF to supplement their retirement plan. Finally, no good motivation to go Hong Park to shout Return My CPF!

      Delete
  3. The Dreamzola Traveller3 January 2021 at 12:47:00 GMT+8

    Entering into sleep mode. Wakes when the bull comes knock my head. LOL.

    ReplyDelete
  4. Spur4 January 2021 at 00:40:00 GMT+8

    Hi Uncle8888,

    Heheh Smol beat me to it.

    I was wondering the same thing ... where's the warchest deployment chart for the next bull? 😛

    That's trend followers for you! LOL!

    ReplyDelete

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