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

Monday 8 November 2021

Encountering At Least One Major Economic or Market Crisis Is Good For Our Future Prospective!!! - Refresh

Read? IN FOCUS: Qualified, willing but still looking for work - why some mature PMEs struggle to find jobs despite retraining, government support

Lucky; Uncle8888 was given Cry Got Sound life lesson by old days "Siva-like" right at his face and never forget!

We are firmly shaped by our own personal experience on the ground! Same like investing. 

Investing is like sports, hobbies or daily or weekly exercise. We choose our very own sports, hobbies or exercise; or you are the type who will follow the most popular ones. Investing; same same. We choose own Game to play! 

Should we be easily influenced by the most popular Game of the Day; and then give up our own Game even it is scoring well just to follow the popular ones?

Read? Encountering At Least One Major Economic or Market Crisis Is Good For Our Future Prospectives!!!

1 comment:

  1. CW,

    What we are today is the SUM of our past experiences.

    I am the opposite of you.

    Its precisely I've been through the period in the wilderness where I'm a serial job-hopper that I'm a grasshopper today.

    I mean I started at 16 as temporary sales with Metro for $12 per day while waiting for my O' level results.

    ANY jobs I take today, no matter how minimum wage, will still be streets more than what I started! My glass is half-full.

    That's the advantage of starting at ground level like piss on the pavement; I can only go UP!

    I don't have the complex where I see myself as former Regional this and that... How can I lower myself back to the selling floor!?

    Its about flexibility and adaptability.

    I've taken taxis driven by ex-Colonel, ex-MD who used to run a company in Burma, and a former owner of a construction company!

    The ex-construction owner likes to point out which buildings he built to me and mom along the taxi ride!

    This jovial late 60s uncle lost his company because he got burnt with stock investing/trading. Thankfully, his wife and daughter still got their own businesses apart from his failed construction company. He joked they put him out to pasture to ownself take care of ownself!

    He is especially memorable because of his ability to laugh at his own predicament, and there is no hint of him "blaming" anyone for his situation.

    Contrast against him, the ex-Colonel and ex-MD taxi drivers, you can read between the lines the usual blame big daddy undertones in their conversations...

    Agree with you on experiencing setbacks or having economic crisis early in our career.

    Its like vaccination. What can't kill us will only make us stronger.

    Plus the added advantage of being GRATEFUL for what we have today.

    I find those who carry the yoke of "entitlement" on their backs have a lot more complaints with life...


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