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

Monday, 23 January 2017

Do We Invest And Manage Our Investment Portfolio Like We Are Going To Be Around For A Long Time???

Do we or should we especially when we still have a few dependents?

Can we count on our dependents to have that same level of financial competency to manage financial crises and our investment across market cycles?

Sunday, 22 January 2017

Why I DIDN'T chose a 30 year bank loan but a much shorter one???

Read more on ? Housing Loan

A few questions to be seriously answered before we know whether we ARE LIKELY to be right in the future.

(1) You seriously think that you won't get married and have kids.

(2) You don't REALLY have any dependents counting on you alone.

(3) You don't foresee you will be forced into unexpected early retirement

If the answer is all YES!

You can go ahead with your 30 year bank loan!

Uncle8888's  past conversations with those who have been retrenched. 

Those who said Heng Ah and felt so relieved! are those who have fully paid up their housing loan!

You will know whether you have made that right or wrong decision regarding your housing loan when you are retrenched in your 50s!

Tax Saving For SRS. She Has Been Happy Until .....

Read? SRS : You open. I open

True Story ....

One day; one woman in her 30s was telling Uncle8888 about how she has saved $300+ in her tax payable for that year and she looked quite happy with her tax saving; but then Uncle8888 poked her with this remark ..

$300 for locking your cash for the next 30 years. One year is $10! Okay. Right? Think about it!

Top Up CPF SA From CPF OA? Depending On Who You Ask! (10)

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (9)

Saturday, 19 September 2015


Recently; Uncle8888 has been reading increasing interests in topping up CPF SA.

He did once to top CPF SA from his CPF OA and then realized .. oh dear and stopped!

One and only once!

Probably; the lone voice that is lost in loud CPF SA drummers!

For long journey ahead; beware of One Way Traffic as there is NO turning back when you realized you have miscalculated your liquidity needs.

Wealth = Asset Value + Cash Flow

People top up their CPF SA. You top up?

People has plenty of liquidity. You also have?

Can anyhow follow?

Why Uncle8888 did once to top CPF SA from his CPF OA and then realized .. oh dear and stopped?

Uncle8888 realized he is an investor and he has been working hard to become competent  investor and his Maths showed him he can beat that extra 1.5% compounding interests over 10-year period. 

Over ten years, no Bear market?

Extra 1.5% compounding interests in CPF SA for $10,000 after 10 years is 14.3% gain.

But that trade off of $10,000 transfer from CPF OA to CPF SA is that you will have $3,500 less in your CPFIS to invest in the next Bear market.

To beat that 14.3% gain for $10,000 in CPF SA; you just need 41% capital gains for $3,500 in CPFIS excluding dividends.

How difficult to gain 41%?

Ask the veterans who have been through the past few market cycles.


Saturday, 21 January 2017

On Blog Leave From 24 to 28 Jan2017 - BangKok

Uncle8888 last visited was some 20 years ago!

Wishing all Readers an early 新年快乐!

No Shifting Goal Post!!!

This is how Uncle8888 has set his Goals without any shifting Goal Posts. There is nothing much to shift since 10 years is long time for retail investors!

Friday, 20 January 2017

Walk Here. Walk There. Join The Queue : Laksa

Read? Walk Here. Walk There. Join The Queue : Traditional Roti - Butter & Kaya (2)

Whom Do You Choose To Believe??? (2)

Read? Whom Do You Choose To Believe???

If Uncle8888 is conducting training courses for short-term trading and long-term investing; he will shout loud and clear and he will boast!

12.2% CAGR!

Don't play, play!

Come, I can teach you the Secret of Compounding to create wealth from the stock market. Every 6 years, you double your portfolio value!

So you believe?

Thursday, 19 January 2017

Whom Do You Choose To Believe???

Read? What is your investment goals and target ?

Now; whom do you choose to believe?

Veteran retail investors who have gotten their hands dirty and now in their land of financial independence or those "Gurus" in those free previews?

True Story

Uncle8888 couldn't tahan this FA who didn't want to give up and kept calling him to set up meeting to discuss on retirement planning. 

Finally, he told her to google Uncle8888 and said that this Uncle8888 told him not to trust any FA. :-)

You get it?

Next time; you ask the "Gurus" to google Uncle8888 to find this blog post on world's well-known Gurus and where is your portfolio bench-marking position in that Table. LOL!

SMART Goals and Smart System Are Not Mutually Exclusive!!!

Ants will know this very well as they are planners and executors for their goals. It is about setting Goals and then sitting on our ass and dreaming that the Goals will somehow be achieved by that time frame.

Ants will plan, execute, revise and do whatever it takes to reach the Goals whether it is earlier; on time or late. Ants already have their System in place to achieve their SMART Goals.

The Goals will be achieved! It is not dreaming and hoping!

Posted on Sunday, 21 February 2016

Read? The Last Two Financial Goals! Long Journey of 40 Years!

Wednesday, 18 January 2017

Cash Flow For 2017 As Retiree For First Time!

Interests for 2017 as cash flow is confirmed and fixed!

Uncle8888 will need to focus on dividends and trading P/L to bridge that gap for rest of the year!

Three Months After Not Doing Anything To Increase GDP As Jobless Man! (2)

Read? Three Months After Not Doing Anything To Increase GDP As Jobless Man!

What really change for the last few months!

(1) Drastically cut down on number of cups of Kopi Kosong with no more minimum two cups per workdays during two tea-breaks.

(2) No more spending hours or minutes per workday having to wayang or pretend to be attentive or supportive.

Monday, 16 January 2017

He Has Retired At 58!

Small world!

Uncle8888 bumped into his ex---ex boss of his younger days; he has retired at 58. We chatted for a while. What he said got Uncle8888 thinking too.

He said when we can retire earlier it is blessing as not many people can afford to retire due to their lifestyle. 

Why retire as early as possible?

When we reach our 50s; we have entered into the Autumn of our life. There is not much time left to explore other aspects of our life - our life is definitely NOT all about our job. Our job will take away too much of our time!

Sunday, 15 January 2017

16 Years of doing short-term trading and long-term investing in SGX. The Records!!! (2) - Refresh

At the recent dinner met up with three other financial and investment bloggers; one of them asked why Uncle8888 kept all these papers while other people had thrown them away.

Why keep?

Trust but Verify - SMOL

Read? 16 Years of doing short-term trading and long-term investing in SGX. The Records!!! (2)

Long, long ago; Uncle8888 poked one late "Guru" to show proof that he made millions from the stock market. He avoided answering this simple question till his grave.

So Uncle8888 better prepared himself that one day, similarly someone will poke him for proof too.

Asset and Cash Will Define Your True Financial Stability!!! (2)

Read? Asset and Cash Will Define Your True Financial Stability!!!

This set of statistics is harder to lie!

Singapore's resident population profile.

Do some thinking way ahead of your time. Beware and factor in this scenario in your retirement planning toolkit!

Don't get caught in Asset Rich. Cash Poor when we have thought we have been financially and investment savvy for the best part of our worklife.

Top Up CPF SA From CPF OA? Depending On Who You Ask! (9)

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (8)

Financially, psychologically, emotionally, responsibly married couples with dependents have to think and must consider their options differently. 

Matured and confirmed Singles may only need to secure their own retirement future. They will have less uncertainties and probabilities ahead of them. 

But, as married couples with dependents; we have more uncertainties and probabilities ahead of us. Many things may  go WRONG and most of the time when such things happen; it require CASH to help us to get through! We will need smart financial advice for parents and not just any other smart financial advice.

As parents, many of us are willing to put our own retirement planning way ahead of our children's future and welfare.

Even in the animal kingdom; it is the same. Never go near any animal when they have young ones with them. These animal will attack you suddenly when they sensed that you have threaten their young.

Saturday, 14 January 2017

What Is Your Average Price For DBS?

How can Uncle8888 determine his average price after so many rounds of play?

Read? DBS: Bought Back @ $16.01 for Round 21

Die die he has to determine the average price to get an answer; then it is zero cost. Right?

Asset and Cash Will Define Your True Financial Stability!!!

Our Bosses Are Always Right???

One of Uncle8888's bosses has this advice : You can offend your father or mother; they will always forget and forgive you. But; when you offend your bosses they will always remember you for life.

Uncle8888 after many years later realized why this boss retired as GCTO.

Young employees; you get it?

Friday, 13 January 2017

The Difference Between Smart Financial Advice and Smart Financial Advice For You (5)

Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You (4)

Do we know that all these topping up of our CPF Accounts with our "excess" Cash is no different from selling options to Big Daddy and collect one time premiums of $XXX to $X,XXX with maturity date at 55, 62, 65 (soon 67)?

Great deals???

For those younger folks who have few dependents; it is going to be a very long expiry date in terms of decades while trading off our liquidity to respond to contingencies that may require us to sell our assets at the wrong market cycles. Once we have to deplete our assets to meet liquidity needs; it will become harder for us to recover in the next market turn.

Emergency fund is never the same as having adequate liquidity to respond to contingencies. 

Do some younger folks know the significant difference between Rich Assets and Good Assets?

Do you have a pie chart of your Rich Assets and Good Assets?

Uncle8888 has told (Wa Ka Li Kong) somebody to do this chart fo himself and not sure has he done it to understand his own liquidity position to respond to any contingencies?

Tuesday, 10 January 2017

STI Major Data Points Since 1990

Sunday, 8 January 2017

Collateral Beauty : Love, Time and Death

After watching this movie; Uncle8888 felt that actor didn't add in the fourth item: Money!

May be the actor didn't have any money issue. But, for many of us; Money seems to be the critical connection of our life too and connected to Love and Time and Death if our human asset is not adequately covered by insurance when we still have dependents. 

Love, Time, Money and Death!

Love and Money ; we can learn how to manage it even with less.

Lesser Love and lesser Money won't kill us. But, Time to Death can be shorter than expected; and often we don't choose to think about it until too late.

Saturday, 7 January 2017

Stop Hitting At StarBuck Goers!!! (3)

Read? Stop Hitting At StarBuck Goers!!! (2)

Even if you are drinking two cups of  StarBuck daily; it will NOT make you deadly broke!

No. It won't!

What can really make you broke and cause you a lifetime cost of daily StarBuck?

You have lost heavily in your investment or gambling.

That is the real killer. It will cause depression and not that Starbuck. 

How many cups of Starbuck can one drink a day?

Who is drinking expensive coffee there?


They are not there to drink expensive coffee and gossip. They are there for serious matters like works, study, business or engage in serious conversation!

Simply; they are renters and not drinkers! Get it?

Some bloggers are so dumb to keep hitting at those StarBuck goers in the name of frugality. Dumb!

Three Months After Not Doing Anything To Increase GDP As Jobless Man! (3)

Read? Three Months After Not Doing Anything To Increase GDP As Jobless Man! (2)

Uncle8888 has just started out this activity at his own time and own target yesterday to fill up some gaps in his daily routines to maximize the usage of his monthly senior concession pass of $60 and somehow still fulfill his objective of keeping fit and active.

Thursday, 5 January 2017

Feel like eating then go and eat! (3)

Read? Feel like eating then go and eat! (2)

Uncle8888 still rated Red Bean Buns as his top pick!

Ox Tail Soup!

This time managed to get the ox tail soul which is limited and often sold out fast!

Ox tail is not that big. Right?

Then have some unhealthy diet. :-(

Wednesday, 4 January 2017

Goals Setting And Into Maintenance Mode

Uncle8888 after some years without IPPT; he slacked into Italy for a long time; but he set his Goal to kick Italy out of world cup with 5 Km, 10 Km and 15 Km jog. After several attempts of consistent 15 Km  jog; he knew that he has entered into maintenance mode. 

Even with a few weeks of slack; he could easily get back into shape of to reach that 15 Km after a few attempts. This is what maintenance mode is all about.

We set Goals to achieve. When we achieve then we can push ourselves into maintenance mode; once we are in maintenance mode we can easily push ourselves push back into form whenever we fall behind.

No More Earned Income From Human Asset. It Is All About Sustainable Retirement Income For Life Till 2038 (2)

Read? No More Earned Income From Human Asset. It Is All About Sustainable Retirement Income For Life Till 2038

Uncle8888 still prefers worry-LESS over market cycles retirement income strategy even though he has 17 years of active investing experience in the stock market. 

Yes! He is savvy retail investor; but not Auntie8888. One day; he will not be around to invest so his money will have to be taken over by her. 

Investing is smart financial advice to Uncle8888; but not to Auntie8888. That is the fact of life that not all of us can become savvy retail investors even we wanted too. So it is better for some of us to control our spending and be good savers. At least; we don't have nightmares over losses over market cycles!

Monday, 2 January 2017

Sunday, 1 January 2017

The Difference Between Smart Financial Advice and Smart Financial Advice For You (4)

Read?  The Difference Between Smart Financial Advice and Smart Financial Advice For You (3)

Frugal People Don't Travel? 

They Rather Invest!

Delay Gratification Then Travel For Free???

Our money can wait for us; but our Time and body energy doesn't!

For those married with kids; your Time to spend with your kids is often limited. Once they become teenagers; they will gradually move on with their own life. 

One day; when you realized that you can afford to spend more time with them; but they have already move way ahead and you can't force them to follow you anymore like when they were kids following anywhere and everywhere. Get it?

Three Months After Not Doing Anything To Increase GDP As Jobless Man!

Read? Two Months After Not Doing Anything To Increase GDP As Jobless Man!

The top two questions so far ....

For those he has bumped into them but they are not CW8888 Blog's  readers; the top two questions from them when they knew that he has retired are ..

(1) How do you pass your time? Watch TV?

(2) Doing any part-time job?

Up till now; Uncle8888 has not watched any single TV drama or DVD. 

For the next few months he will continue to work on physical activities to push himself into maintenance mode of Old But Not Weak with Pull Up and Push Up before adding the next exercise routine. This will mean that as time passes he will naturally be spending more time on his routines in his maintenance mode. 

Long distance slow jogging is the real time killer as it can easily consume up to 3 to 5 hrs per session. This is close to working on part-time basis as he is taking the same train or bus back home as those office workers knocking off from their jobs except he smelled horrible to those few people standing or sitting besides him.

Next; will be laps swimming; it is another time killer easily one to two hours in the pool!

Uncle8888 will skip cycling which is the common pastime of retirees; he will use his senior citizen concession card to walk here and walk there to plug in those few in-between "restless" time slots.

Where to find our fulfillment in life???

Less financial stress and worry - achieving financial independence?

Less worry over job security  - achieving financial independence?

Less stress and worry over job KPIs forced upon us by ambitious bosses - achieving financial independence?

In health ....  

In Spiritual .. 

In Relationship .. 

In Social ... 

In Hobbies ..

Most part of our adult life is directly related to financial and jobs; and soonest we can overcome them and minimize these stresses and worries; we will be better off with one or two things less to worry.

Rental income may not be enough to service the loans; bonds flagged as another concern

Read? Rental income may not be enough to service the loans; bonds flagged as another concern


MAS noted, however, that on the whole, households here have an "ample financial buffer" to weather the stress of soft economic and labour market conditions.

Still, it warned that as slower growth weighs on earnings, some households might find it harder to service their debts, especially if they have taken on a high amount.

Households should start planning for retirement early and take a long-term view when deciding on property purchases, MAS said.

After all, the more households pay towards property, the less they have left over for retirement.

An HSBC survey last year found that households tend to underestimate their retirement expenditure, the MAS noted.

To supplement their retirement income, households could consider various options of monetising their housing assets, it added.

These include moving to smaller homes with the option of taking up the Silver Housing Bonus, renting out their properties or spare bedrooms, or applying for the Lease Buyback Scheme offered by the Housing Board.

(CW8888 : Many of his peers in his generation will be taking up this option)

Saturday, 31 December 2016

Jog The Singapore's Park Connectors - Round 18

Read? Jog The Singapore's Park Connectors - Round 17

1. Completed Central Urban Loop
2. Completed Eastern Coastal Loop
3. Completed Southern Ridges Loop
4. Completed Western Adventure Loop

5. Completed North Explorer Loop Today!

Sembawang Park --> Andrews Ave --> Jalan Mempurong --> Simpang Kiri PCN --> Yishun Ave 2 PCN --> Khatib Bongsu PCN -- Bus back to Yishun Ave 2 --> Khatib Bongsu -->  Lower Selatar PCN

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