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 20 April 2014

Losing is part of the Investment and Trading Game!



Lost your money in the stock market?


Don't be discouraged!

It is pretty normal.

It is quite natural.

It is part of the Game.

Over time, we will have to pay some tuition fees to the other market players for their lunches and one day we will learn to be skillful enough to eat other market players' lunches.


Read? Where Does The Money In The Stock Market Come From?


Read? Why do I keep losing in the stock market?

You can see that Uncle8888 also lost his money in the stock market too; but he is still getting stronger!




 
 
 
 
 
 
 









5 comments:

  1. Financial Times: "Anthony Bolton: ‘I was wrong about the market in China’"

    “The most disappointing thing for me – and I am happy to admit it – is that I was wrong about the market in China,” the manager said during a press briefing on his last day in the office on March 31.

    “I thought it would go up for four years but it has gone down for more than four years.”

    ReplyDelete
  2. Hi Cw8888,

    Appreciate the morale booster that LOSING MONEY is part & parcel of stock market game & not let the TEMPORARY LOSS hinder our determination to move forward our financial freedom goal.

    This happened to a greedy speculator like me who bought based on analyst tips at the height of dot com bubble ... whereby I lost $50k when the bubble burst....

    - Blogger like Ak71 lost 6-figures sum

    - Blogger, Man of Leisure - "at the market top of 2000, I opened my first shares margin account I lost it all from 2000 to 2002. All! There goes my nest egg that I’ve built from age 16"


    Most importantly, one needs to LEARN the Lesson in order to bound back STRONGER.^_^


    .... Sadly, I missed rare opportunities to emerge as millionaire..... only manage to master my temperament last year :- (

    .... switching from a trader mindset to investor with long-term perspective, attributed to the relentless guidance of a selfless sharing mentor. :-)

    ReplyDelete
    Replies
    1. Did you attend any trading course and then went under the guidance of selfless sharing mentor after the course?

      Delete
  3. I paid $1.8k to attend an investing course in 2011... How I wish I had the wisdom to foot the meager sum earlier. :'(

    Not FA savvy till now.... still 半桶水... but I am willing to spend time to improve on my shortcomings.

    My active participation in forum previously, create the opportunity to meet with my savior that resulted in substantial shift in emotional control... though late but better than never. ^_^

    ReplyDelete
  4. Losing money is one thing. More important is to learn from experience and not commit the mistake again.

    Regards,
    SG Wealth Builder
    www.sgwealthbuilder.com

    ReplyDelete

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