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 19 June 2022

From Sunshine Boy In The Old Days To Modern Sunshine Boys. Who Are They Now???

Read? The Shoeshine Boy

Read? Smart Money Grabbers over dummy investors (9)

In 2005 to 2008; the shoeshine boys in the Gurus space was passive income through option trading?

In 2018 to 2021; high yield as passive income from crypto?

Another space to watch : When Gurus started one by one switching their secret sauce or magical formula to get rich in order not to lose out revenues from Bei Kambing or when your favourite bloggers also switch their long held strategies that made them money to latest FOMO. Double confirmation to get out!!! LOL!

E.g. From value investing to option trading, from S-REITSs to Crypto

It is time to cut down or get out???

Uncle8888 as veteran also behaves as Bei Kambing in HK Tech! FOMO! KNS! His face kena hit by shit!

Read? Lion HST vs CSOP HS Tech (3)



















2 comments:

  1. CW,

    I always liked the jogging analogy where if we can't have a conversation while jogging, we are pushing ourselves too hard!

    Likewise, if we can/t joke and poke fun at ourselves in investing/trading, we're probably in way over our heads...

    I promise if I ever jumped onto cryptos, I'll share with everyone!

    You guys know what to do!


    ReplyDelete
  2. Uncle8888,

    It's ok to FOMO ... just right size it lol!

    I also got stake in China stocks as I made a small bet in March in a China A shares ETF. It's breakeven now after a drawdown as low as -15% in late-Apr.

    But it's a speculation on Grandpa Xi changing his tune temporarily for the 5-yearly CCP National Congress this Oct. I was too early ... took him another 2 months in May to start changing.

    I'll sell at least half or more of it by Nov. See how it goes lol.

    ReplyDelete

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