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.

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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, 11 December 2021

More Than Luck And Skills; Hindsight Wisdom And Regrets Too!

 Read? The Luck Factor in Investing???

Across market cycles of Bulls and Bears, and plenty of Pull backs and Corrections: do we add, hold, take profits or cut losses?

How?

Our hindsight wisdom or regrets will guide our actions?


Posted by Createwealth8888 at 16:52
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2 comments:

  1. mysecretinvestment12 December 2021 at 09:35:00 GMT+8

    I have shared my experience as a buy and hold investor before. Reproduced here:

    Believe it or not, I have not sold a single share on my own volition since I bought my very first stock in 1987. I still have that stock !!

    Because of that stubborn buy & hold mentality (or "strategy" if you want to call it), I have seen my stocks:

    1. Become multi baggers
    2. Split and gave birth to baby shares
    3. Become worthless
    4. Become penny stocks
    5. Forced sold (delisted ie taken private)
    6. Merged with other stocks
    7. Bought over by major share holder
    8. Suspended for a long time

    I can say I have experienced it all.

    Needless to say, some of my stocks have become "freehold" or free to hold because I have recouped the cost of the shares through years of dividends collected, while others were a total write off.

    ReplyDelete
    Replies
    1. Createwealth888812 December 2021 at 09:48:00 GMT+8

      Buy and hold forever by building a diversified portfolio through position sizing across market cycles may turn out to be Winning a Loser's Game. :-)

      Delete

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