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
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Technical Analysis and Charting
Stock Tips

Sunday 4 October 2015

The Problem With Too Much Patience And Discipline???


We have heard about patience and discipline in long run (term) investing in the stock market. Wait for the Big Bear market and invest for double digits yield.

Real retail investor. Real Story.


He is 60 and has started investing, trading and punting in the stock market when he was in his late 20s. He can be said to be a veteran who went through several market cycles.  After winning and losing through his early YEARS of investing, trading and punting, he learned something that most of us understand. Patience and Discipline!

He told me his problem with patience and discipline. He has too much of them! Till now @ 60, he is still lack of future cash flow in dividends as he is too patient and discipline to convert his low yield interests to higher yield dividends.


How tough is long-term investing!

See for yourself!
 





14 comments:

  1. "He told me his problem with patience and discipline. He has too much of them! Till now @ 60, he is still lack of future cash flow in dividends as he is too patient and discipline to convert his low yield interests to higher yield dividends."


    His patient and discipline is for the wrong reason. :(

    ReplyDelete
    Replies
    1. Our patience may be like rubber band. Once stretched, it may be farther stretched. LOL!

      Delete
  2. Uncle 8888

    Kope your sentence . " More investing , less analyzing "

    ReplyDelete
  3. market is down 20%, my portfolio down about 16%..paper loss 80k..what i earned this few years, enough to cover my paper losses 50% only nia.

    i still sleep sound. well, most of my holdings are blue chips...

    see how, still have some money. if drop further then buy somemore...

    at most, hold few years and wait for dividend to cover my paper losses. few years later, hope the dividend receive enough to breakeven my paper loss...sell also no win no loss...

    ended up, lose to inflation. 白忙一场

    ReplyDelete
  4. Lose to inflation no immediate pain. Lose to market very painful. One colleague told me she bought Ferrochina and next day got suspended. So painful!

    ReplyDelete
    Replies
    1. Sometime too much patience will end up like Goldilocks. :-)

      Delete
    2. i am like this lo..
      well, 2009, too small gut to punt. then wait and wait till 2011.
      then 2012 buy small small. 2013 buy and run.
      2014 buy and drop then drop and buy somemore..ended up stucked:(

      well...aiya...very sianz now.

      Delete
    3. hi temperament

      do u think this time correction/ bear will be like 2008/2009?

      Delete
  5. hi temperament
    i hope that by that time i reach my retirement age, around 50++. then i able to generate good passive income to cover my monthly expenses:)

    ReplyDelete
  6. Passive income is not that difficult to execute. Just keep adding more capital can liao

    ReplyDelete
  7. just like my ntuc fund is it?

    but i want capital protected leh.

    ReplyDelete
  8. No such thing as capital protection for DIY retail investing in the stock market. Go and buy capital protected fund

    ReplyDelete
  9. Which fund got capital protected fund?
    Even bank will also bankrupt leh

    ReplyDelete
  10. Those who bought capital protected funds in 2009 are banging their heads on the wall as all other asset trains pull away from the platform without them on board :(

    The markets exist to make fools of most men.

    ReplyDelete

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