As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Sunday, 7 March 2021

You See That Room Over There Full of Millionaires!

Anything new in the market across market cycles and technology miracles, innovation and the Next Big Things? 

The only things that are new are the new players into the market. New can be also those late buyers or retirees who have FOMO!

In Dec 1999, during Dotcom Bubble; Uncle8888 attended Cisco IP equipment training course at Cisco's office in Shenton Way; the Trainer proudly pointed to that room and said "You see that room over there full of millionaires"  Those were days when they opted for share options as bonus instead of  collecting cash and could also participate in monthly Employee Share Purchase scheme at discount as part of their saving plan!

Uncle8888 then was so envy! Millionaire employees! Cisco ruled Planet Earth!

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