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!


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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.

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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

Monday 14 September 2015

No Stop Loss. How???


 Someone said ...

See the portfolio drop quite alot, actually v should be patient right? But then when v should re- balance our portfolio? Read alot people cut loss to increase their cash balance. Think v shld sell when market is doing well, mayb should control our mind.

Uncle8888 said ...

Either you have stop loss strategy or none. Avoid doing late cut losses!

LATE cut losses into cash is another form of market timing. Once we have locked in negative return; it is very difficult to recover with cash only. We need to get back to stocks to recover. How many people are good at market timing to get back into stocks?


Read? Keynes Way To Wealth

Read? No Stop-Loss strategies

4 comments:

  1. Haha not many knows the difference between stop loss and cut loss.

    ReplyDelete
    Replies
    1. http://createwealth8888.blogspot.sg/2010/05/stop-loss-or-cut-loss.html?m=1

      Delete
    2. The difference is hardworking fellow will search this blog and knows the difference. LOL!

      Delete

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