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

Friday 13 May 2022

Sell In May And Go Away!

Thursday, 28 April 2022

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (14)

Never sell anything so Uncle8888 tio whacked liao!




Posted by Createwealth8888 at 19:50
Labels:

7 comments:

  1. Spur13 May 2022 at 21:02:00 GMT+8

    Uncle8888,

    But haar ... that's the price to pay for multi-baggers over 20, 30 years. ;)

    For those who more into get-rich-quick, they getting schooled in Luna & UST now.

    Nothing wrong with trying get-rich-quick, just as long we recognise that it's get rich quick and size it accordingly to our networth, earning capacity, & time horizon.

    ReplyDelete
    Replies
    1. CreateWealth888813 May 2022 at 21:54:00 GMT+8

      Safer Get Rich scheme is through weekly ToTo. Just have hope and faith that one day I will be rich. LOL!

      Delete
    2. Spur14 May 2022 at 00:01:00 GMT+8

      Heheh! Good luck to all Toto-ers here!

      Same same ... Some don't bother to size their speculations & spend all their family money (or more) on toto and 4D.

      Delete
  2. Singapore Man of Leisure14 May 2022 at 07:54:00 GMT+8

    CW,

    Life is fair.

    If unrealised losses are not "real"; then unrealised profits are illusory too.

    That's why for those of us what are active (not passive) in the markets, we have core holdings (do nothing part of portfolio), and our rounds 1, 2, 3 trades around our core positions ;)

    ReplyDelete
    Replies
    1. Createwealth888814 May 2022 at 08:59:00 GMT+8

      As retiree, I now fully understand importance and the difference of real and illusion in the market! Never lose back the Real part to Mr Market! Ha ha!

      Delete
    2. mysecretinvestment16 May 2022 at 10:23:00 GMT+8

      As someone near to retirement I am at a cross road wondering if I should reduce my investment in equities. My current stock holdings yield around $67K a year in dividends. If I were to reduce my exposure to equities, I am not sure where else to park the money that can generate an equivalent amount of passive income.

      Luckily at least my wife and I have quite a decent amount in our CPF savings that can generate around $100K per year of passive income when we turn 65, comprising interests from our OA & SA and CPF Life payout. If we delay the CPF Life payout to 70, then we can look forward to $120K per year in passive income from our CPF savings.

      As of now, I am still adding to my equities portfolio through my monthly stock purchases. Hoping to bring my dividend income to $72K a year or $6K pm.

      Delete
  3. hyom14 May 2022 at 17:54:00 GMT+8

    Even the STI has finally followed the rest of the world into bearish mood. I believe investors who have a heavy weightage to Singapore market will still do better so far this year than those who have a higher foreign stocks weightage.

    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails