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

Showing posts with label Just For Laugh - Stocks. Show all posts
Showing posts with label Just For Laugh - Stocks. Show all posts

Saturday, 18 June 2011

Small retail investors so excited over SCB


For the past few weeks, there was so much excitement at Singapore No 1 investment cbox over SCB who is so kind to level the playing field for spider monkeys with no minimum commission brokerage.

Spider monkeys can now swing from tree to tree to pluck coconuts here and there at very low cost. Since these coconuts can be plucked at very low cost why worry whether the coconut is green, yellow or brown. No problem, just try one coconut at a time.

In investing, I have seen many successful investors learning their lesson from their most painful and unforgettable lesson of big losses before they became wiser.

Small losses here and there will not teach the spider monkeys the truth of investing. There will not be enough pain to hit them harder and make them learn from the painful lessons and become wiser in investing.

I think there is some similarity between swinging spider monkey and the boiled frog.

The Boiled Frog
 
They say that if you put a frog into a pot of boiling water, it will leap out right away to escape the danger. 


But, if you put a frog in a kettle that is filled with water that is cool and pleasant,
and then you gradually heat the kettle until it starts boiling, the frog will not become aware of the threat until it is too late.


The moral of the story ..

If you can't feel the great pain immediately and learn from it; you may be killed slowly without even knowing why.

Friday, 27 May 2011

Don't let stock market take you for a ride

Just For Laugh ....


Sometime, we may see netizens shouting happily when they see their stock prices moving up. Why happy when they have no intention of selling at all? It is just another emotional roller-coaster ride in the stock market.

Once there was a man who buried a pot of Gold in his backyard and everyday, he would go to his backyard to take a few minutes look at his buried pot of Gold. He felt very happy when he could obviously see that the pot of Gold was well hidden.

One day, he was shocked to discover that the buried ground was dug up and his pot of Gold was stolen. He was very sad and depressed.

One of his friend had an idea to help him. He buried some rocks at the same spot as the stolen pot of gold and then asked him to visit the same spot everyday and said to him that his pot of Gold was actually found and re-buried. The man became very happy after that.

Why are you so happy when you see your stock prices moving up if you are not selling at all?

Monday, 7 February 2011

Property or Stocks Investing

Just for Laugh ...

So far I came to know two Singapore's Big Name or BB who didn't advocate property investing and they still prefer stock investing. They are:

Mr. Peter Lim
Dr. Michael Leong

Do you know any other big name or BBs?

Sunday, 16 January 2011

You really want to make money from the stock market?

Just for Laugh ...

References from Pg. 36, invest, the sundaytimes, jan 16, 2011, by Goh Enng Yeow

A matter of perception

How a stock performs will depend in a big way on investors' expectations, rather than the income which its business may be making for them.


Keynesian beauty contest

Read? Keynesian beauty contest

Keynes believed that similar behavior was at work within the stock market. This would have people pricing shares not based on what they think their fundamental value is, but rather on what they think everyone else thinks their value is, or what everybody else would predict the average assessment of value is.



This is where Keynes turned out to be genius and became the ultimate successful stocks investor.

"One of his lesser-known talents was the ability to make vast sums of money on the stock market. At the time of his death, Keynes’ net worth—almost entirely built through successful stock investments—amounted to the present-day equivalent of more than $30 million, and the college endowment fund he managed had massively outperformed the broader market over a two-decade period. Keynes was a member of that rare breed—an economist who flourished not only in the rarefied heights of ivory tower academia, but also amidst the bustle and hubbub of the financial markets." (Source: From the Inside Flap)



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Createwealth8888:

Do you really want to make money from the stock market?
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