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 1 August 2021

Backtesting???

Backtesting is the general method for seeing how well a strategy or model would have done ex-post. Backtesting assesses the viability of a trading strategy by discovering how it would play out using historical data. If backtesting works, traders and analysts may have the confidence to employ it going forward.

Investing/trading course trainers or FAs love to use backtesting data or past performance as marketing tool or snake oils to sell! You see how much you can make! Don't wait! You will regret!

But; Uncle8888 realized on the ground is NOT that simple! Nobody know how future will turn out! AI knows better?

The Past is NOT the Present and the Present is NOT the Future - CW8888

Is there any hints or backtesting data to show that we one day will have to wear Mask for such long time?

First batch of surgical masks; Uncle888 bought from ex-colleague's Vietnamese friend at $18/box and second batch $30+(then the price shot up to $50+, heng ah! Already bought enough at 30+), $20+, $10+ at pharmacy and recently free box from vaccination centre! LOL!


No comments:

Post a Comment

Related Posts with Thumbnails