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

Saturday, 3 July 2021

What Is Holding Me Back After Stumbling Hard In GFC 2008/2009?

Like current raging Bull in US mkt now; nothing seen stoppable!

In 2006 to 2007; Uncle8888 also felt the same; don't worry; the party is not ending and FI is coming soon!

Bull Market is likely to make us to think that we are way smarter than Mr Market; unless we have at least went through one full market cycle to validate ourselves i.e. Bull-Bear-Bull or Bear-Bull-Bear!

Beware of illusionary wealth in the Bull market till you convert the illusionary wealth into something more solid or less volatile!

Read? My War Room (7) - The Last Mile

In fact; in 2007 Uncle8888 was smiling to himself whenever he was thinking that he was earning more than his boss! May be his boss also earning more than his boss! LOL!

Read? Earning more than your boss?

Read? Now It Is Alright For Him To Ask

Read? Time in the Market > Timing the Market??? (5)








Posted by Createwealth8888 at 08:18
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1 comment:

  1. Singapore Man of Leisure3 July 2021 at 10:18:00 GMT+8

    CW,

    That's why veterans who have survived one full bull/bear market will have difficulty beating youths in percentage terms. Or for that matter, their former self!

    Just like that Chinese idiom about newborn tiger cubs, we were fearless starting out!!! Or-yi-or!

    Now?

    After surviving multiple body blows and cuts, we optimise instead of maximise.

    We console ourselves that earn less is better than losing money ;)

    We have our own crash got sound stories on what happens when we overstayed our welcome trying to chase that extra drop of blood in % returns...

    LOL!

    ReplyDelete

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