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 7 August 2011

Should I sell all my equities and stay sideline?

Just For Thinking ....

Someone asked me: "Should I sell all my equities and stay sideline?"

For every completed stock transactions, there are buyer/buyers and sellers/seller at that transacted price. Obviously, they have different views. Each of them will transact based on his/her own confidence, belief, potential risks and rewards.

 Read? He sold out all his equities so that he can sleep soundly at night

He thinks that The more panic there are in markets, the more we need to keep a cool head and look out for bargains

Read? Don’t Sell Into Selling Climax: Jim Rogers

Read? Faber: Brace for a Global 'Reboot' and a War
Me leh?

I didn't do panic selling in the past neither will I be doing it this time round. Over the years, I have trained my Mind hard (3M's Method,  Mind, and Money) and learn to live with market and price volatility. In investing, I have mentally, financially, and physically separated my investment needs from other needs. Read? Two Bank Accounts? No, You may need Four!

Actually, my net worth is largely tied to the Boom and Gloom of the local stock market (SGX), by right I should  be panic too; but let see how bad this time round.



Not again! Another 33% or more plunge????


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