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.

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

Saturday, 3 April 2021

Do You Realize That You Hardly Know Some Real Investing Stories In Investment Blogosphere?

Read? Compound Interest is not the same as Compound Returns (4)

Read? What Is The Real Cause Of Low CPF Payout In Some Mederka Generation???

Read? Who Are CPF Members Who Lost Their Money??? (2)

Read? Compounding Investment Return Pornography???

Read? How Soon Should You Start Investing Your CPFIS And SRS?

Read? Turnaround from your chart 2008-2012?







5 comments:

  1. CW,

    I was laughing when I saw the YouTube ad featuring a young local female snake oil (nice to see equal opportunity here) touting the wonderful magic of compounding...

    Day 1 put $1, day 2 doubled to $2, day 3 double again to $4, day 4 double to $8!

    That's stolen with pride from that 1 rice on a chessboard and double for each square story ;)


    If only bei kambings knew the true average rate of compounding investing in STI for the last 10 years... Even cryptos cannot double every year!!!

    Why is passive investing "faith-based"?

    Because you need to have "faith" that it will compound around 8% over the LONG term...

    When for the last 10 years, STI's return with dividends is more CPF like... Of course snake-oils will carefully chose the index 100 starting point to make the returns sexier!

    But snake-oils can't earn commissions and fees if they sell you CPF. So passive investing for the intellectually lazy, and active investing/trading for those who have animal spirits and think they are better than their neighbours!

    I'm not a fan of voluntary contribution of CPF, but the ugly fact is that the majority invested with CPFIS is underperforming CPF...

    Heck! Even my put $50K under the mattress parody strategy will beat the performance of most CPFIS investors! No capital gains or dividends needed mom!

    Investing is hard.

    Trading is harder.

    Speculating lagi even harder than hard!

    ReplyDelete
    Replies
    1. Call sell training course on How To Sharpen Your Mind To Profit from the Market? LOL!

      Delete
  2. Nothing is further from the truth hurts.

    And it hurts a lot b4 u get it.

    Nobody can really teach U anything without yourself internalised the teaching your way.

    In more practical way of saying, how to learn to swim if don't get into the water and get choked a few times first b4 finally learn how to breath in the water?

    Do U think learning to invest in the market is not similar like learning to swim?

    In facts it is many, many times harder because after U learn the market is like this or like that, then eh this is sometihing new leh.

    Market actually is "变 幻 莫 测"

    "变化多端" can be fun too right?

    Like a challenge in any game.

    That is one of the reasons why it so hard to get out of the market completely - fun playing in the market if U have 3Ms ma, lol.


    ReplyDelete
  3. Hi Uncle8888,

    The problem with investing (or trading) is that compounding in real world markets doesn't happen in a straight line.

    Sometimes a year gives you +100% or +50%. Sometimes it gives you -30% or -50%.

    If you're willing to pay the price & hold ... then you'll see the "compounded" 6%-10% over a few decades. Most can't.

    Thanks to simplistic maths education in school, we confuse savings compounding with investing compounding. They are not the same. ;)

    And that's when CPFIS or cash investing returns lower than POSB savings account. 🤣

    However as I've previously said, millennials are enjoying an extremely lucky period for investing. Sure some of them graduated in the middle of the GFC recession, which has undoubtedly affected their lifetime active incomes. But diligent & patient investing can help overcome that. No I'm not selling any i-can-do-it-so-can-you courses lol.

    We're still in the middle of a secular bull & my totally bullshit guess is that there's still roughly 7 more years.

    Another milestone for the VIX in this post-Covid cyclical bull ... 2nd weekly lower close below 20. The more boring institutional investors are getting less fearful about potential market crashes. The change in market character continues.

    ReplyDelete
  4. Not to mention the Ups and Downs of the market may give electrocution to weak hearts!

    ReplyDelete

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