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 14 April 2013

In Investing, where does the Luck come from???
























Did anyone notice one particular word in Uncle8888's blog Title?

Part luck!!!

In Investing, where does the Luck come from???


First, do you believe you will strike the next ToTo JackPot?







Uncle8888 believe he will.

Why???

We will strongly believe we can if we can see it with our eyes and hear them with our own ears.

Uncle8888 has personally witnessed three ToTo JackPot winners and one Second Prize Big Sweep winner.

One can get lucky!

















BUT ....

Did you religiously buy ToTo like them?

Same as in investing, did you religiously do these at all times across market cycles ...

Market Timing, Gut, and Patience will lead you to more luck and may strike JackPot one day.

Did you realize how Uncle8888 getting luckier with his multi-baggers blue chips?


BTW, have you bought Monday's ToTo?

Uncle8888 has already bought the Winning JackTop ticket. Sorry! You no chance liao!


















1 comment:

  1. LOL!

    OK, Next Monday I graciously defer to you. I'll take the next Thursday Toto top prize :)

    There's more than enough for all of us ;)

    Buying Toto and Big Sweep is like buying out-of-money options.

    There is a high probability of our options expiring worthless (we lost the premium); but "rice bucket" if the low probability long shot came through!!!



    ReplyDelete

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