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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
Dividend/Income Investing
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Saturday, 21 December 2013

US stocks finish higher on the week, with Dow and S&P at records

NEW YORK: US stocks bolted to new records on Friday after the Commerce Department reported that US economy grew much faster in the third quarter than previously estimated.

The Dow Jones Industrial Average advanced 42.06 points (0.26 per cent) to finish at 16,221.14, a new record.

The broad-market S&P 500 rose 8.72 (0.48 per cent) to 1,818.32, also a new record, while the tech-rich Nasdaq Composite Index added 46.61 (1.15 per cent) at 4,104.74.

Analysts said investors were cheered after the Commerce Department raised its estimate for third-quarter gross domestic product growth to an annual rate of 4.1 per cent, from 3.6 per cent.


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