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 30 August 2015

The Hen & the Pig Go To Breakfast (3)


Read? The Hen & the Pig Go To Breakfast (2)


Don't follow but leverage on your favourite bloggers!


Same same but different!

 

Passive (Blind) Followers: 

Buying: Favourite bloggers have bought so they rushed to buy.

 Selling: Favourite bloggers have sold, reduce or cut losses. Many questions now?

Are they immediately aware?

 Do they follow?

 Worse still; their favourite bloggers cut losses but they average down.


 Reactive (Intelligent) Followers:

 They are the ones what SMOL said: Trust but Verify!

 What is the likely outcome when they verify an investment thesis from your season and regular investment and financial bloggers. 

You are going to suffer from confirmation bias!

What Uncle8888 commonly hear from his own ears and read with his own eyes on real people real followers on bad outcomes with their common justification - I no blindly follow leh. I got do my home works hor! I check this. I check that!


Leverage on your favourite bloggers


You have already done your own home works for your investment thesis from other sources e.g. company reports, annual report; earning report, financial news, etc. Your investment thesis is independent and not influenced by the investment thesis of your favorite bloggers.

You have done your own Entries and Exits. 

You are ready to hit the Button! 


 









Your favourite bloggers hit the Button! 

Now, you think deeply once more time, and  ..



 






  
Posted by Createwealth8888 at 12:42
Labels:

5 comments:

  1. yeh30 August 2015 at 14:20:00 GMT+8

    Uncle
    What are you trying to say?

    ReplyDelete
  2. yeh30 August 2015 at 17:51:00 GMT+8

    Uncle
    I got love letter to you. Check your inbox.

    ReplyDelete
  3. Singapore Man of Leisure30 August 2015 at 23:19:00 GMT+8

    CW,

    Hello? Reactive followers can't be "intelligent" lah!

    Everything is comparative and relative. At best, reactive followers can only be described as "smarter" than passive blind followers. That's about it!

    Intelligent should be reserved as an adjective for free-loaders who knew how to leverage on the time and talents of shepherds.

    Leverage and follow are worlds apart.

    ReplyDelete
  4. Rolf Suey1 September 2015 at 20:16:00 GMT+8

    Be careful.. love letter is poisonous. haha

    ReplyDelete

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