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

Wednesday, 17 January 2018

Randomness, Chance, Luck And Co-incidence??? (4)


Read? Randomness, Chance, Luck And Co-incidence??? (3)


Why some of us can tio ToTo Jacktop?

What is the probability of bumping into two persons in the same day?

(1) Bump into one Starfish who once had lim kopi session with him.

(2) Bump into one former recruit from School of BMT days in Pulau  Tekong Camp. He told me he could remember me as he still have the photo of the Platoon. Not sure how many of you still have this photo which was taken before Passing Out Parade. Uncle8888 has threw it away long ago! LOL!


Bitcoin drops below $10,000 with $30 billion of value wiped off in a day as cryptocurrency sell-off deepens


Read? The Power Of Nimble!!!

CW8888: So far; on what he had read on those few investment bloggers who were blogging about their "investment" on bitcoins. He doesn't think any of these bloggers are hit badly by current bitcoin crash. That is power of nimble!


Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day Wednesday.

The world's largest cryptocurrency was trading at $9,958.31 at about 6:50 a.m. ET on Wednesday morning, and was down almost 12 percent in the last 24 hours, according to CoinDesk data. CoinDesk tracks prices from cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex. It recovered slightly to a price of $10,261.16 at around 8:40 a.m. ET.

The last time bitcoin fell below the $10,000 mark was November 30. The red-hot digital asset soared to a record high of $19,343 last month, but has since been on a gradual decline. At its current price, it is now down almost 47 percent from that all-time high.

In the last 24 hours, more than $30 billion of value was wiped off of the cryptocurrency.

Tuesday, 16 January 2018

STI Since 1990


Is this Bull still charging ahead in 2018 to beat 2007 Bull?





















Sunday, 14 January 2018

Building Net Worth For Retirement : Lifetime Of Earned Income As Employee, Investment Journey Of Winning And Losing And Then Into Retirement Distribution Phase


For those who can appreciate Waterfall chart!

This one chart tells the complete story of Uncle8888 on how he has built his net worth from lifetime of earned income after tax for 39 years as employee from Aug 1977 to Sep 2016; and 18 years of investing journey from Jan 2000 till now through several market cycles of Boom and Doom suffering large losses as well.

It is a investing journey of pains, doubts, and learning!

When we lost too much in the Bear market; and we will be spending the next Bull trying to recover from large loss just to break even. Is this called investing? LOL!

Why timing the market and time in the market are very important?

When you spend too much time in the market with your stock holding BUT too little cash on hand in the Bear market; you are going to cry sooner!

Dividends are just Panadols to ease your heartache and headache!






Saturday, 13 January 2018

Kep Corp : The Worst Should Be Over Now


May be small small goodie for 50th Year anniversary celebration given poorer earning in 2017. 

Dinner for minority shareholders so that we meet other shareholders? :-)

Any Keppel's Investor Relation personnel reading? LOL!



Friday, 12 January 2018

What Really Made Me Learn From My Investing Mistakes???


Read? Small retail investors so excited over SCB

The moral of the story ..

If you can't feel the great pain immediately and learn from it; you may be killed slowly without even knowing why.

It is those pain that through our head and heart; then we will truly learn from our investing mistakes and NEVER again!


DCA, Lump Sum Investing And War Chest: Timing The Market And Time In The Market


Like it or not; long-term investing is still a Game Of Strategies. 

You will need to find your own investing strategies to match your investing goals to build wealth during accumulation phase or build sustainable retirement income for life during distribution phase.

Both DCA and Lump Sum investing can be considered as save and invest strategy. For DCA you save and invest regularly. For Lump sum you invest when you have enough money. 

For War Chest, you already have the money to invest but time the market.


You see the difference or you don't?



Thursday, 11 January 2018

Your CPF Investment Account : Uncle8888's foolish advice again!!! (5)


Read? Your CPF Investment Account : Uncle8888's foolish advice again!!! (4)


Most of us will not have large CPFIS as war chest so we will weight it against market condition before touching this compounding 2.5% interests to turn it into compounding investment return which can be negative return.


Even you currently have $1M balance in your CPF OA; your CPFIS is still limited to $350K including current stock investment costs of your investment holdings in your CPFIS bank account.


Use CPFIS wisely!

It is NOT just about beating 2.5% compounding interests. OK?




Randomness, Chance, Luck And Co-incidence??? (3)


Read? Randomness, Chance, Luck And Co-incidence??? (2)

Are randomness, chance, luck and co-incidence co-related to the Law of Large Number?

Uncle8888 tends to believe so!

E.g. large account size; large this and that etc.

Oh oh oh.

Who is that sitting next to the reserved seat?

He is one of his ex-company's big bosses!

Better siam to the other reserved seat. :-)



Wednesday, 10 January 2018

Eastman Kodak unveils cryptocurrency, stock doubles


Read? $24 million iced tea company says it's pivoting to the blockchain, and its stock jumps more than 200%


Walan! Confirmed liao. Bitcoin is the new Dotcom Bubble!




SAN FRANCISCO: Shares of Eastman Kodak Co more than doubled on Tuesday after the one-time leader in photography became the latest company to jump on the cryptocurrency bandwagon.

The storied Rochester, New York-based company said in a statement it is launching a cryptocurrency called "KODAKCoin" for photographers, part of "KODAKOne," an image rights management platform in a licensing partnership with WENN Digital.

The platform uses blockchain technology, the backbone of bitcoin and other digital currencies that have surged in recent months and raised fears of a price bubble.

The stock was last up 92 percent at US$5.95 in midafternoon trading on the New York Stock Exchange, off an earlier high at US$6.65.

The film pioneer founded over a century ago has struggled to transform itself into an imaging software and technology company. Kodak was a Dow Jones Industrials component until April 2004, and its stock has slumped 90 percent since it emerged from bankruptcy in 2013.

Several other companies in recent weeks have been rewarded with sharp rises in share price after announcing their transformation into cryptocurrency businesses.

"This is getting ridiculous," said Dennis Dick, a proprietary trader at Bright Trading LLC in Las Vegas. "From a fundamental point of view, none of this makes sense."
Riot Blockchain shares have tripled since October when the former biotechnology firm changed its name and said it was revising its business focus to bitcoins.

Soft drinks maker Long Island Iced Tea has more than doubled since it said it was shifting its focus to blockchain technology and changing its name to Long Blockchain Corp.

Also on Tuesday, Inpixon surged 9 cents or 40 percent to 31 cents per share after the data analytics company announced it would adopt blockchain technology.

WENN Digital belongs to WENN Media, which provides photos to websites and media.

(Reporting by Noel Randewich, Editing by G Crosse and Matthew Lewis)
Source: Reuters

Hobby Fishing: At Yacht Or Jetty???



You think Uncle8888 is a frugal fisherman at Jetty?


Nice example of what is frugal!

Frugal to escape?

Given a chance which frugal fisherman at Jetty doesn't like to fish at the yacht with glass of wine and under shade in the sea while looking back at those at the Jetty?


Monday, 8 January 2018

Korea’s Cherry Blossoms 2018 Forecast: When & Where to Catch Them?


Hopefully; this forecast is chun as Uncle8888 has already booked air ticket to see cherry blossom in Busan from 29 Mar to 4 Apr 2018.

Busan and Gyeongsangnam-do: 26 March to 2 April 🌸

Jinhae Gunhangje Cherry Blossom Festival, Jinhae


Giving To Freegans. This Is So Much Better Than Having Them To Dig Into Bins (2)


Read? Giving To Freegans. This Is So Much Better Than Having Them To Dig Into Bins


At Uncle8888's block

Got Bak Kwa!


Sunday, 7 January 2018

Commentary: More retiring later, but is it for the right reason?


Read? More retiring later, but is it for the right reason?

The reality of retirement only starts to dawn for most people in their 50s, leading to unhealthy reasons for continuing to work, says the Singapore University of Social Science’s head of the gerontology graduate programme.

SINGAPORE: As a sociologist and a gerontologist, the retirement phase is of great importance and interest to me.

From the life-course perspective, retirement is the cessation of gainful activity or full-time work. It is a phase in one’s life which has accrued much attention due to the growing longevity of human beings and demographic ageing of most societies around the globe.

In Singapore, the retirement age has been increased from 60 to 62 years, and re-employment is possible until 67 years and beyond.

Today, more seniors aged 55 to 64 are working than ever before.

One reason why people are retiring later may be that attitudes about retirement are shifting as people live longer lives.

In 1996, I conducted 13 focus groups with people in their 50s in Singapore to gain insights into the complex perceptions and processes involved in the preparation for retirement.

In Asia, many are self-employed, they do part-time work in a family business or they are housewives. 

In the strict sense of the word retirement, many may feel that this group would never retire. 

Yet, some housewives in my focus group research mentioned they looked forward to retiring.

When asked to clarify, one lady said she would like to hand over the role of running the household to her daughter-in-law so that she would not have to worry about cooking meals and keeping the home clean. 

It seems that retirement can have a different meaning for people in various cultures and contexts.

CW8888: Housewife or househusband is a job too! :-)


Perhaps people retire late because they haven’t thought about what to do with themselves when they retire and the idea may be frightening.

The reality of impending retirement only starts to dawn when people enter their 50s. 

Even though we all know preparation for retirement should start from the time we start working, the many responsibilities of providing for your family, personal needs and paying off debts prevent us from fully considering what we’d like to do when we retire.

Those who look forward to retirement as a time to achieve their dreams, to immerse themselves in a start-up or social enterprise, or take up hobbies and adventures that they could not indulge in earlier, would probably have a positive outlook.

For some others, it may be a time of uncertainty and soul-searching.

Thoughts on whether one should transit into part-time work after 62 or continue to work at the same pace even though one feels fatigued are commonplace.

THE ANSWER TO ONE’S LIFE STAGE

Another reason why people put off retirement is that their work keeps them going.

In a small study that involved interviews with older workers who had opted to continue working after 62, we found that their choice was driven by the desire to contribute to society, keep healthy, be socially connected and mentally active. Hence, retirement was not the answer to their life stage yet.

Some may wonder why someone would want to continue working when he or she could easily lead a more relaxing life. 

Sociologists have explained that sometimes there is an intrinsic fear of letting go of one’s work identity. Many individuals have identities largely made up of their work role, particularly men.

Could it be that more people are putting off retirement, not because they enjoy the work but because retirement creates a vacuum in their lives?


In a recent news report on the loneliness epidemic, former US surgeon-general Dr Vivek Murthy said:

We live in the most technologically connected age in the history of civilisation, yet rates of loneliness have doubled since the 1980s.

Many are afraid of loneliness – for instance, singles who live independently – and may hence delay retirement.

In 2016, 47,400 seniors in Singapore lived alone, about double the number in 2006. The figure is projected to swell to 61,000 in 2020 and 83,000 in 2030, according to news reports. While some seniors living by themselves may have family, others may not.

This trend of seniors living alone may outstrip the projection if we consider the trend of more adults choosing to remain unmarried in Singapore.

While not all people who live alone are lonely and isolated, I think it’s safe to surmise that in the retirement phase, retirees are likely to have unmet psychosocial needs if they do not have family members.

In some cases, they may have family members but do not share cordial relations.

A TRANSITION NOT A STAGE

In my view, retirement is not a stage but a transition, and the choices people make about how much to work bear this out. 

Seniors who are healthy may enjoy their work and have a passion for it, including doctors and counsellors, and they feel that work gives their lives meaning and purpose.

Having a purpose gets more important as we grow older - it gives one the push to wake up and get going. It provides nourishment to the mind, body and soul.

In Singapore, most financially secure people who reach 65 years exit from the workforce – they’re the most unencumbered group who can make decisions about when to retire. After a few years of “honeymooning”, they may return to contribute as consultants or part-time employees.

Those whose health is deteriorating may have to leave their jobs, even if they are not financially secure. 

The last category consists of those who have financial liabilities but good health – they may continue working for as long as possible until they bid farewell.

Voluntary retirement with sufficient financial means is obviously the ideal situation.


CW8888 : Thumb up for freelance job without any corporate KPIs imposed or impress upon on us. There are no bosses; but job co-coordinator! This is what Uncle8888 has learnt about it. Freelancers are NOT obliged to seek approval for any absentee but notify any absentee to job co ordinator.


But as much as work is important to achieving this, active preparation for retirement is vital, for it paves the way for a more satisfying life stage in our golden years.

Professor Kalyani K Mehta is head of the gerontology graduate programme at the Singapore University of Social Sciences.

Should I Use CPF OA or Cash To Pay My Home Mortgages???


OT834 January 2018 at 12:24:00 GMT+8

Hi Uncle CW,

Huat ah! Power! But nowaday all use CPF to pay house. Even mandatory contribution also doesn't have much compounding effect already.


Hmm .... may be how some of you or many of you also think like OT.

Should I use CPF OA or cash to pay my home mortgages?


Three scenarios for home mortgages here:

1. No spare cash so no choice has to pay home mortgages with CPF OA

2. Use spare cash to pay home mortgages and CPF OA to earn compounding 2.5%  interests

3. Use CPF OA pay home mortgages and spare cash to earn compounding investment return


1. No spare cash so no choice has to pay home mortgages with CPF OA 


"But nowaday all use CPF to pay house. Even mandatory contribution also doesn't have much compounding effect already."


The response from Uncle8888 to the above statement is No hor!

The compounding effect of CPF OA 2.5% interests is intact. It is just compounding inside the value of your residential home and out of CPF OA account!

How come and why like that?

In this case; you are using your CPF OA and accrued 2.5% compounding interests as your investing capital for home mortgages.

When you decided to sell unlock the net capital gains of your home property after deducting the cost of (1) fully paid replacement home,  (2) total mortgages using CPF OA and (3) accrued interests and (4) any other fees


2. Use spare cash to pay home mortgages and CPF OA to earn compounding 2.5%  interests



Your spare cash as capital invested in your home property. Same as Case 1 you will earn net capital gains after deducting the cost of (1) fully paid replacement home,  (2) total mortgages and (3) any other fees

Your CPF OA will continue to earn 2.5% compounding interests

3. Use CPF OA pay home mortgages and spare cash to earn compounding investment return



For CPF OA; it is same as in Case 1!

For cash, you will earn compounding investment return.


Technically and Mathematically; your CPF OA will continue to earn 2.5% compounding interests till you decided to fund your retirement income with either your CPF OA account itself or through CPF OA refund on mortgages and accrued interests.


Any significant Pros or Cons?

If any; it will lie in your heart!

The financial difference will be capital appreciation of your home property and your investing skills across market cycles in whichever scenario you have taken.







Saturday, 6 January 2018

3 Bagger Tip!!!


Read? TIP - To Insure Performance? Not Really For One Time Effort Job

So far he has received tips from $1 to $20 and men are more likely to give tips!


We have to look at BOTH number as ONE: Absolute and % to be truly and really impressed by the number. Either number is not good enough to conclude that WoW factor!

That $1 tip is between 0.5% to 11% of the service value; but $20 tip is a 3 Bagger! That gentleman who gave $20 is truly impressive. Those in service field, have you came across such multi-bagger tips too?




Friday, 5 January 2018

Why I Blog?


More than 11 years of blogging and still going strong!

No incentive and no threatening to quit!


Sunday, 19 November 2006

The journal begins ...

Today, I take the first small step to start this journal, hope that it will be fun after seeing my children blogging. So I am disputing my youngest son that I am not that old fashioned.


Uncle8888's first three blog posts .....


Monday, 20 November 2006

Let the winner run its course

Game over for CDL today!. Hit trailing stop @ 12.3 Day low @ 12.3. Day High 12.8 Bought @ 10.6. Yup, let the winner run its course, be disciplined, no question asked and just exit.


ROC 15.2% in 32 days

Wednesday, 22 November 2006

Keppel Corp


Wow! finally it breaks 16.2. Let the winner run....Bought @ 14.5. It is able to clear 16.3 probably due to the news on Keppel Bay

Friday, 24 November 2006

Kep Corp


16.0 is the last strong resistance level. Sold Kep @ 17.0. Expecting 17.0 to be also a strong resistance level. Selling at strong resistance level is another good selling strategy. ROC 16.4% in 66 days



Dow closes above 25,000 for the first time after strong jobs data

The Dow Jones industrial average broke above 25,000 for the first time on Thursday, tying the fastest 1,000-point move in its history, following the release of stronger-than-expected jobs data.

The 30-stock index climbed 152.45 points to 25,075.13, with General Electric, DowDuPont and IBM rising about 2 percent.

"The Dow hitting 25,000 was a pretty wild idea even a year ago. And while its symbolically important, the real story is never just a number. It's the underlying strength that is pushing markets this high," said Steve Claussen, vice president of trader strategy at E-Trade.

The Dow broke above 24,000 for the first time on Nov. 30, or 35 calendar days prior to hitting 25,000. It also took the Dow just 35 days to rise from 20,000 to 21,000 last year.

The S&P 500 gained 0.4 percent to close at 2,723.99, with financials rising 0.9 percent. The Nasdaq composite advanced 0.2 percent to finish at 7,077.91. Both indexes also closed at all-time highs.

"Right now, we're in this Goldilocks scenario," said Tim Courtney, chief investment officer at Exencial Wealth Advisors. "The news has been good. Confidence is up. Everything is lining up just right."

The U.S. private sector added 250,000 jobs in December, ADP and Moody's Analytics reported before the opening bell. Economists polled by Reuters expected a gain of 190,000.

U.S. Treasury yields moved higher after the report was released. The 10-year yield traded at 2.45 percent, while the two-year yield rose to 1.96 percent.

"This was a solid number and with a near record amount of job openings, maybe more people are coming off the sidelines, enticed by higher wages which are coming," said Peter Boockvar, chief investment officer at Bleakley Financial Group.

Thursday, 4 January 2018

If Bitcoin Mining Is Profitable, Why Are Geeks Selling You Computers Instead Of Using It Themselves?


Read? If Bitcoin Mining Is Profitable, Why Are Geeks Selling You Computers Instead Of Using It Themselves?

LOL!

Uncle8888 has a good laugh when he read it!

Same same as those "Gurus" who sold trading or investment secret courses to Bei Kambing! 

Why don't "Gurus" quietly made money themselves?

The answer is ......

Uncertainty Regarding Profitability!





STI - Can The Bulls Made It Tomorrow???


Wednesday, 3 January 2018

Turning 55 - and enjoying financial freedom (8)


Read? Turning 55 - and enjoying financial freedom (7)


Read? 1M65 CPF OA Possible Or Not???


Counting interests no stress unlike collecting dividends as Panadols when sitting on paper losses.

Uncle8888 has already withdrawn $23K from CPF SA and CPF OA in Dec 2017


CPF OA = $21,478 +  $3,267 = $24,745

CPF SA = $1,522 +  $139 = $1,661

CPF MA = $2,145

CPF RA = $7,556

Total = $36K or $3K per month


Since there is no more mandatory CPF contributions after his retirement from full-time job as employee and he still says NO to voluntary CPF top up to all 3 CPF accounts. 

Currently; he only contributes to CPF MA as self-employed for his 8 HWW + XX Hours Variable WW so that he will qualify for Workfare as low income worker. This is money from Government and not CPF interests!


This is how he accumulates $1M in CPF OA!

Voluntary CPF Top Up























Tuesday, 2 January 2018

当你老了


Today; Uncle8888 sat next to two very seniors in their 70s in MRT train. One of them kept showing photos on his mobile on his daughter and his grandson on their holidays in Perth to the other senior. This photo and that photo. The other senior seen to be supporting him by showing interests. And then he asked: 

"Did you go?"

"No. You looked at the way how I walk. How to go?"


It’s safe to invest entire life savings in stocks. But it can be safer!!! (4)


Uncle8888 has read many books on NLB shelves and Cyber world to look for more reliable way to build sustainable retirement income for life. He has chosen this Method over 3 to 4% Withdraw Rule advocated by many financial planners!


The Balance Sheet


A more sophisticated way to measure the success of a retirement portfolio is the one used by large pension plans. You compare what's called the actuarial present value of your assets and liabilities. The twist: Instead of looking at current assets and liabilities, you look at the value of all your expenses in retirement as a lump sum as compared with the value of all your assets as a lump sum.

Read? It’s safe to invest entire life savings in stocks. But it can be safer!!! (3)



He also improved this Method with his Three Taps Solutions Model to build sustainable retirement income for life without too much dependency on future volatile market cycles for income support.



















Sunday, 31 December 2017

What Happened In 2007 and 2017???



























We didn't see any investment bloggers posting their net investment losses in 2017. It is like in 2007 if Uncle88888 remembered correctly!

If you are sitting on net investment losses in 2017; you better kick your ass hard and do some deep soul searching whether you should be topping up your CPF accounts instead of investing in the stock market.

In 2007; Uncle8888 was feeling rich with all his paper gains with low cash in his investment portfolio and also set new record net worth too. Bom pi pi!

In 2007; he also looked like he was on target to publish his blog post in 2008 or 2009 on "How I Made $1M In The Stock Market!" LOL!

But; that feeling of rich from the stock market didn't last very long. 

In just 382 days, his investment portfolio was down by -53% and after one decade his investment portfolio is slightly higher than 2007 level. But; this time in 2017 he is not feeling rich but cash rich!


This investing lesson he has learnt the hard way through the last Bull-Bear-Bull cycle on the ground so it is very hard for him NOT to anchor his biasness to what happened in 2007. How to forget!

2,860 days to set a new investment portfolio record without injecting a single cent as investing capital since 1 Jan 2000; and it just took 382 days to go down by -53%!  Even after 10 years in 2017; it is slightly better than 2007 level.

The Moral of the Story

It is terrible to recover from future large losses so it is far better to avoid getting into one at the next Bear market without the capability to inject significant capital into investment portfolio!


Good luck!

May the Bull lasts longer into 2019 and beyond!!









How I Built My Sustainable Retirement Income For Life Using Three Taps Solution Model


Uncle8888 tracks his monthly and annual household expenses to know how much is enough and whether it is still on track.













































Uncel88888's Tap 1 CPF OA alone with asset draw-down can cover up to 86% of highest annual household expenses since 2002 @ 2.5% inflation rate till 2038 (81+ old)

Going forward he can focus his investing strategies on Tap 3 (Investment) to achieve i.e. delay gratification! 




Counting The Cost Of University Education at SUTD (7)


Read? Counting The Cost Of University Education at SUTD (6)


Year 1 & 2 (Apr 16 to Dec 17)



Saturday, 30 December 2017

One Year After Retirement From Full-time Job As Employee (3)


Read? One Year After Retirement From Full-time Job As Employee (2)


Wide income gap between a freelance low skill worker and full-time managerial grade job in IT sector.




Friday, 29 December 2017

Giving To Freegans. This Is So Much Better Than Having Them To Dig Into Bins


Read? One Uncommon Act Of Kindness! (5)


This is NOT Uncle8888's HDB Block in Hougang!

Uncle8888 saw one old lady stopped at this Riser and she looked and searched the plastic bag for a while and then walked away with one plastic bag. 

When she has moved far way from the Riser. Uncle8888 went to the Riser to take a look and still have one more plastic bag containing one parcel of good wrapped in brown paper. Not sure what is that!

This is HDB flat in Tiong Bahru!

It seen that this is common practice in the heartland to pass food to the freegans community living in the neighbourhood without having them to dig into bins.

Thumb up!




























2017 Full Year Investment Performance Report


Read? 9M 2017 Investment Performance Report

A Goal-based Approach Investing Strategy

Uncle8888 has adopted a Goal-based Approach investing strategy by setting for himself a 10-year progressive Goal Targets to be achieved for each year from 2012 to 2021. 

Our investing journey is not Horse Race or Rat Race where we compete against others.  No! It is our investment Marathon Race where we set our own pace and compete against ourselves to win our own race.

Year 6: 2017 Result for Tap No 3 (Cash Flow from Investment Portfolio)

Achieved 45.0% against 54% of 2021 Goal Targets.

Without Mr. Bear; Cash is not King!






















Investment Portfolio XIRR
  
Track, Measure and Visualize! 

Without doing it; how to revise investing strategies and to improve year-on-year investing performance? 

Investment Portfolio's XIRR includes all investable cash plus the current stocks value at market closing price as on 30 Jun 2017.

Since one year ago: +12.4%
Since 1 Nov 2008: +2.0%
Since 1 Jan 2003: +7.3%



Since 1 Jan 2000 inception : +6.8%


















The reality of riding market cycles of Bull and Bear



Until we master the Art Of Market Timing to optimize our gains; we will be riding up and down the market cycles without real significant gains.


















Building Sustainable Retirement Income For Life Across Future Market Cycles
















Real Taps. Real Money!

Tips for newbies/young ones: The bulk of our net worth comes through our saving from our hard earned incomes from our jobs and our investment portfolio will be the Accelerator to become wealthy or reach financial independence earlier when we get it right.


Stop day dreaming from Get Rich Fast scam or 30 minutes a day effort to get rich!






Example Of Using Retained Earning Or Profits

Those Starfishes may recall what Uncle8888 likes to talk on company's balance sheet during kopi session i.e. what is NOT commonly talk about among investment bloggers. Most of them like to shout dividend, dividend, and dividend!

Read? Hyflux to distribute shares in consumer business ahead of possible listing

As Hyfluxshop is at an early stage of growth, the distribution will also enable shareholders to enjoy the potential appreciation in value if and when the proposed listing happens, the company said. The pro forma net trangible assets value of each Hyfluxshop share is about 17.83 Singapore cents.

Based on the pro forma consolidated net tangible assets of the Hyfluxshop Group of about S$20 million as at Sept 30, the distribution will amount to a S$14 million payout to Hyflux shareholders. This will be taken from the company's retained profits, Hyflux said.


1M65 CPF OA Possible Or Not???


Read? How I Accumulate $1M In CPF OA! (2)


1M in CPF OA at 65

Possible or not?

Since there is current  limit of voluntary contribution of $37,740 and decreasing CPF OA allocation rate after 35 to 65 from 21% to 3.5% 






Thursday, 28 December 2017

One Year After Retirement From Full-time Job As Employee (2)


Read? One Year After Retirement From Full-time Job As Employee


Now Uncle8888 fully understands the meaning of what he had heard before : On some days we eat grass!


As full time employee; we don't eat grass on some days! 






Wednesday, 27 December 2017

Delay Gratification For Capital Gains Or Collect More Panadols To Ease Heartache???


Like it or not!

Investing is still Game of Strategies and Money; and our account size really matters!

Get our core positions right and the next decades followed we will be receiving undisputed passive income through Panadols dividends once we have fully recovered our invested capital. Not passive then what! 

Don't poke these passive income investors as they are smiling when dividends are automatically credited into their bank account without lifting their fingers or pressing any button on their computer's key board.

After 18 years in the stock market; Uncle8888 now has plenty of spare time for FA, TA, FATA or whatever it takes to "perfect" his trading or investing skills. No more damn excuses! So how?

Status quo?

Delay gratification for capital gains by avoiding 2007 style of investing or collect more panadols to ease heartache as retiree for income like most retirees do?








Tuesday, 26 December 2017

Keppel O&M to pay US$422m in fines after reaching global resolution on corruption probe

Keppel added that the financial penalty is an extraordinary item and its impact is one-off.

For illustration purposes, had the fines been imposed on Dec 31, 2016, based on the latest audited financial statements for the financial year ended 2016, the net tangible asset per share as at Dec 31, 2016 would have decreased from S$6.34 to S$6.03. Had the fines been imposed on Jan 1, 2016, the earnings per share for the 2016 fiscal year would have dropped from 43.2 cents to 11.7 cents.


Hmm .. walau. Bad news but white candle!

Where goes wrong?

Bought from sellers/Sold to buyers = 4,625,100/4,251,300 = 109%

Shortists tio squeezed???







Monday, 25 December 2017

Our brokers are watching us and will be very scared when market crashes


Read? Contra Trading. Damn Shiok!!! (2) - Refresh


hyom hyom

9:52 AM (8 minutes ago)

to me 

hyom hyom has left a new comment on the post "How you know you no longer Bei Kambing?": 

Hi Jared,

If a person is a bei kambing and knows he is a bei kambing in certain products, that is enlightenment. In trading/investing, that is a big time saver and money saver. 

To be honest, I do not have the balls to trade bitcoin. It can fall 20% within a day. Imagine someone trading leveraged bitcoin futures last week. Futures keep halting due to limit-down. Even popular bitcoin exchanges like coinbase halted trading due to massive panic selling. The wait to get out will be a torture. Don't say only I scared. I think even the broker will be scared.


Uncle8888 is not into contra trading anymore. Chop fingers liao!

One morning when market seriously gap down; his broker called him in the morning to remind him of his outstanding positions to pay up or close by 5 PM or he would force SELL the next morning when market opened.

His broker called him again at 4 pm to repeat reminder!

If your brokers are not scare or worry; it may mean your positions are not large enough! Fact of life as traders!










Sunday, 24 December 2017

Buy Slowly And Sell Slowly. How Slow Is Slowly???


10 years have passed since the last STI Bull Peak at Oct 2007 and 8 years since the last STI Bear Low at Mar 2009

Sell slowly on the way to the Bull?

But how slow is slowly?

Can be slowly until becomes cash rich investor. Anyone?







Wishing You Merry Christmas And Happy 2018 New Year!






Personal Investing As Retail Investor Can Be Tougher Than You Initially Thought Of It As Wealth Building


By now, Uncle8888 has read enough of postings in the investment blogosphere by personal investment bloggers; most of these investment bloggers still prefer to take the stronger saver approach to ensure safety and certainty of compounding interests provided by CPF.

Thumb up to Big Daddy for this CPF Top Up scheme!

Personal investing as retail investor can be tougher than you initially thought of it as wealth building.

Create wealth from the market? Anyone?

Market cycles of volatility can cause illusion of paper gains but real heart pain on paper losses.

So it is not easy to beat compounding interests of 2.5% and 4% in CPF! 

How about those ordinary retail investors in the street; it is even harder for them without putting much time and effort in their investment approach unlike these personal investment bloggers?










Saturday, 23 December 2017

Enjoy "Free" Coffee Black With Unlimited B.M.W And Read Newspapers


Benefit of senior citizens who have plenty of spare time - unlimited B.M.W. at $60 per month!

Nowadays, Uncle8888 no longer goes to Hougang NLB to read  Business Times and also it has been long time since he last bought a cup of kopi o kosong to drink alone at Kopitiam or Ya Kun. 

Almost everyday except on public holidays; he will go for "free" coffee black, hot green tea and read his newspapers somewhere. 

On some days, he would get more "free" up to two or three time a day when he was thirsty or need to charge up his mobile phone. LOL!

He seldoms leave without bringing out a bottle of water!

"Free" is shiok! Right?





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