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.

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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

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Value Investing
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Wednesday, 28 August 2013

Singapore shares prices fell 1.0% on Wednesday for the 10th straight session of losses.


SINGAPORE: Singapore shares prices fell 1.0% on Wednesday for the 10th straight session of losses.
The blue-chip Straits Times Index (STI) shed 29.84 points to close at 3004.18.
The fall was in line with Asian market weakness.
Jitters over a possible US military strike against Syria hit Asian markets and added to recent worries the US may pull back on its stimulus.
The STI initially dipped below its 3000 support but recovered some ground towards the closing.
In the broader market, losers outnumbered gainers 373 to 114 and trading volume totalled 3.05 billion shares.
Thai Beverage was among the losers, shedding 7.7% to close at S$0.420.
Real-estate stocks were hit by the latest government property-cooling measures announced, with CapitaLand down 2.3% to S$2.93 while City Developments lost 2.2% to end at S$9.76.   






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