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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Value Investing
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Technical Analysis and Charting
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Saturday 26 March 2022

Home Bias Panda/Koala No Good Meh!

Read? Lion HST vs CSOP HS Tech (3)

Just a short moment of shiokness of getting out from home bias!

Uncle8888 later kena slapped left, right and centre by stepping out of home bias Panda. KNS!

Lion HST down -46% at last Friday closing!  It has become salted fish without Panadols! KNS!

Don't be home bias! Chun bo?



8 comments:

  1. CW,

    You lor!

    When you capitulated and bought into the HK tech hype last year, that marked the top... (You're the laggard)

    It's all your fault!

    Lol!




    ReplyDelete
    Replies
    1. CW,

      I think the crypto fan boys and girls will run for the hills if I capitulate and buy into Bitcoins at USD100K for fear of missing out!?

      That will probably mark the top and I'll single-handedly crash the crypto markets :(

      Cryptos beat equities hands down.

      How many stocks can 100X in 4-5 years?


      Don't worry. I'll be nice.

      I promise I won't touch cryptos!

      Then cryptos can go to the moon without me :)

      LOL!

      Delete
    2. Smol,

      You still can tikam cryptos! Uncle8888 has shown how to do it...

      HST currently salted fish, but ... stocks portfolio ATH! No worries, only a bit of grumbling LOL.

      Position sizing...

      With something that can 100X in a few years (or go to zero), $10K fun money is enough ;)

      Delete
    3. Spur,

      I'm with Warren and Charlie camp. What to do? I old fogey too! Ha ha!

      Russia must be surprised their foreign and gold reserves can be sanctioned too!?

      Would big daddies of the world allow Russia bypass sanctions with cryptos?

      Central bank digital currencies will come.

      Cryptos at best can become Hello Kitty collectibles. Mind you, still got value, won't go to zero.

      The success of cryptos will be it's demise.

      The moment big daddies of the world feel their their power to grab the baxxs of others is threatened, that's when the hammer will fall...

      No. It's an intellectual thing. I'll be very disappointed if I capitulate because of fomo...

      Lol!

      Delete
  2. Uncle8888,

    Lol! Win some, lose some (hopefully lesser).

    Fwiw, there's a bit of positive divergence in the charts of HST :P

    However the issue with a lot of China stocks now is political & regulatory. I reduced my allocation in greater China quite drastically in Q2 and Q3 2021.

    Everyone & their dog has given up on China & tech.

    There's also +ve divergences in ARKK, which has crashed -66% peak to trough. I recently put in some money for fun.

    Hopefully my fun money won't become salted & dried! 😬

    ReplyDelete
  3. Home bias is of course good when the home market is the top stock index in Asia. Our STI has done us proud.
    If STI continues this performance for the next couple of years, more Singaporean investors who migrated to U.S markets will return home.
    You are doing good this year.

    ReplyDelete

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