Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Years Of Rising Bull Market Will Make Us Looking Smart With Our Investment Portfolio And Mastery Of Investing Or Trading Skills

Rainbowcoin 21 September 2019 at 22:51:00 GMT+8 Hi Uncle8888 If you can relive the 07-08 period, what would you have done differently to prevent a plunge from 157% to 15%? How did you derive the projected plunge value (41%)? Seeking some enlightenments. :) Uncle8888 started his journey in Jan 2000 at age 44 to pursue Financial Independence at Sep 2011 @ 55 years old through short-term trading and long-term investing. He then spent days and nights following news and forums. He read books on investing and trading books from NLB. Read? Books from NLB Who are we in the Market?...

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TEDxSingapore: The meaning of life

Read? TEDxSingapore: The meaning of life Singaporeans in search for happiness beyond the material Sep 20, 2019 5:50 AM by HELMI YUSOFhelmibt@gmail.com@HelmiBT AT THE END of one group session, participants of the recent TEDxSingapore Salon event each wrote on a piece of paper what made them happy. These included things such as “Riding a bicycle”, “Hugging a dog/cat/any large enough pet”, “Going to Bhutan” and “Calling my Dad”. They were then asked to crush the paper into a ball and throw it in any direction in the room. Subsequently each of them had to pick up one of these balls, read...

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Can You Afford To Be Greedy When Others Are Fearful?

Read? Sometimes, it’s wise to be fearful when others are fearful Uncle8888 has went through a few market cycles in the last 20 years. He understands the truth behind “Warren Buffett’s be greedy when others are fearful” The truth is … Can you afford to be greedy when others are fearful? Past three market crashes : 1. Sep 11 2001 WTC Attack,  2. SARS 2003  3. GFC 2008/2009 For the first two market crashes; Uncle8888 didn’t feel that fearful. But, for GFC 2008/2009, it was bloody different! It was when Greedy –> Fearful –> Panic  Read? Market Cycles of What??? Why he...

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How Come Investing Courses Can’t Be Advertised Like Skills Future Courses??? (2)

Read? How Come Investing Courses Can’t Be Advertised Like Skills Future Courses??? Out of curiosity; Uncle8888 went to search that email which is offending FAs and then …. LOL! Our proprietary growth investing strategy to spot 100% – 300% profit per growth stock How to avoid dangerous stocks like Hyflux  Walau! Snake oil marketing at the best! Whoever can spot potential dangerous stocks like Hyflux should be shorting big time and become millionaire! Read? The Hyflux story so far Whoever can foresee Hyflux woes is God of Investors!...

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Market Timing And Attending Investment Training Courses

Market timing is applicable to attending investment training course too!  If you happened to attend any investment training course in 2006; you have won shiok shiok till end 2007. Walau! My trainers bagus man! You see how much money I have made! Highly recommended! Here is testimonial! Someone told Uncle8888 during his kopi session that he made $200K profits in 2007; but lost back that $200K profits and currently sitting on total net $300K losses in his investment portfolio. What if you happened to attend any investment training course in mid 2008. You hosey liao! You can proudly produce...

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Understanding 7 Common Stock Market Risks As Retail Investors

Rainbowcoin 1 September 2019 at 12:02:00 GMT+8 Hi Uncle8888, Could you combine all the ‘risks’ into one post or give a common, less generic label? Hehe Fun to read them. :) You often hear this – Investing in Stock Market is risky. In fact, investment of any kind including setting up your own business by nature is risky, and can potentially cause you lose some or all your investing or initial capital. Actually as a paid employee you also face similar risks of losing your job when you approach 40s or 50s. It is a well known fact that...

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The Laws of Investing

Read? The Laws of Investing Law #11: The most persuasive evidence is what you want to be true and/or have experienced personally. A good investor turns over many rocks in a quest to find something special. But special is subjective. What you think is amazing may bore me, and vice versa. The special things we discover usually aren’t like nuggets of gold, with a specific quantifiable market value. Special is in the eye of the beholder, and because of Law #10, the trick is getting others to eventually behold it. Take value stocks. They are loved by many and, by...

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Over the last 20 years; what has changed in training courses for “passive” income for early retirement or retirement income???

In those days; it was option trading for “passive” income for early retirement or retirement income. The famous and most popular school of option trading kena sued and now the “Guru” is changed man! Lesson learnt or crash got sound! LOL! Another one tio reprimanded by MAS and also disappeared.  A blogging world friend also started option trading but quietly switched gear to teach investing as trading is harder! You can’t be wrong with option trading as most options will expire worthless. Collecting premiums is passive income. Right? Hmm .. in those days. FIRE is not invented yet! Recent...

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Now I Am NOT Climbing To The Next Peak Of MT Stupid In Investing World!

Read? The Dunning-Kruger Effect Hmm … 20 years in the stock market and of course Uncle8888 has been there before –  climbing The Peak of MT Stupid in investing and thinking he was Great! To be honest; you and you alone have to climb this peak to realize how to achieve sustainability for future decades. This time is different – It is about sustainability and next market crash is likely less emotionally and financially impacted!  ...

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When the pursuit of wealth does not bring happiness

When the pursuit of wealth does not bring happiness The original goal of a happy retirement free from financial worry is replaced with a host of other concerns IN almost three decades of managing money, all our clients had targets to grow their wealth by multiples. Clients with $2 million targeted about hitting $10 million and retiring. The ones with $10 million had ambitions of retiring with $200 million. The ones with $200 million wanted to become… Read? Dementia : Financial Planning??? Now we as investors or traders …. When we become dementia … The question is for us to...

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The Tale Of Three Old Men In The Same Office Space (True Story) – 3

Thursday, 7 July 2016 Read? The Tale Of Three Old Men In The Same Office Space (True Story) – 2 NDR 2019: New retirement, re-employment ages of 65 and 70 by 2030; higher CPF contributions for older workers. What can happen on ground regarding re-employment is NOT within the control of Government. Re-employment is NOT mandatory. Your job can anytime be “redesigned” by your bosses to test your tolerance level. Uncle8888 was 60 yrs old man who has retired on 30 Sep 2016. 61 yrs old man who was re-employed on 2017 after 62 on yearly contract basis and his boss...

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NDR 2019: New retirement, re-employment ages of 65 and 70 by 2030; higher CPF contributions for older workers

SINGAPORE: Singapore will raise the retirement age and re-employment age to 65 and 70 respectively by 2030, alongside increases in the Central Provident Fund (CPF) contribution rates for older workers. This, announced by Prime Minister Lee Hsien Loong on Sunday (Aug 18), comes after the Government accepted “in full” the recommendations put forward by a tripartite workgroup studying the country’s ageing workforce. ——————————————————————————————————— You can make withdrawals from your SRS account over ten years from the date of your first penalty-free withdrawal. Withdrawals are penalty-free only if they take place after the statutory retirement age that was prevailing at...

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I Leverage On Market Timing And Patience

There is no free lunch in the market. When we leverage or indirectly “leverage” we have to pay premiums or interests. Premiums or interests have been paid and every year these options have expired worthless for more than a decade and still counting. When we are wrong; we lost the cost of premiums; but when we are right when time comes. Hmm … next batch of Golden geese that lay eggs for next decade or more! How much do these premiums add up?...

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Leverage on S-Reits to boost ROC???

Hmm .. interesting! Is there something with Maths below? Powerful ROC from leveraging? For example; if one has $110K capital to invest. Without margin account: One can fully invest $110K for e.g. 7% dividend yield   Leverage on margin account : 1. One can invest $100K for e.g. 7% dividend yield. 2. Leverage $40K on margin account at net 3.5% dividend yield after offsetting 3.5% interests payable to broker. 3. $10K as cash reserve to top up margin call when necessary   Does leveraging on margin account to improve yield on own capital look fantastic? Really? Or something wrong with...

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What is actually market timing???

Often we are hearing FAs or vested interest telling us not to time the market but stay invested for long term. 1. What is actually market timing?  2. What is stay invested for long term? Uncle8888 has been staying invested for 20 years and definitely qualified to be classified as long term investor. No meh??? Why long-term investor cannot be timing the market? Wrong meh? Is this long-term investing and timing the market mutually exclusive? You believe in FAs and Vested interest selling investment products? You don’t time the market but stay invested for long term. Hmm .. they...

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