As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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, 4 March 2018

Conviction? Hoot Tua Tua Or Let Them Grow Slowly And Steady To Tua Tua???

Read? No One Can Teach You Conviction. You need to Acquire It Yourself

Ask any retail investors who have average down their stocks until recovery to break even is near impossible. Are they ever short of conviction?

Uncle8888's money management and risk management limited exposure to any single stock to not more than 10% of his total capital since inception in Jan 2000.

From the chart below; where is his conviction over the last 18 years?

Hoot tua tua or Let it be and then tua tua?


  1. Let them grow slowly and steady till tua tua!!

  2. Hi Uncle8888,
    I am not too adept at reading the chart. May I know if I interpreted correctly, that each blue bar stands for one stock holding and its capital gain/loss?

  3. There are many ways to exercise conviction.
    Some chose to average down, some can choose to buy, hold and let the winners run. Even selling needs conviction!

  4. Each is one stock which can be still holding or already sold. The height is or was total of realized P/L, unrealized P/L and accumulated dividends

  5. Conviction is a must.
    When to know U must gosturn also is a must too.


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