His most hated one in 2008 now became his most beloved one. The only one in his portfolio to recover near 2007 peak stock price. The rest of them are far behind 2007 peak. Sianz!
Why DBS is his most hated one in 2008?
Great pain in his ass!
In 2008, when every other day, he read bad newsand prediction of Great Depression 2.0 coming. It could last more 10 years! His thought of Ah Boi and Ah Ger going to university in August 2009 getting him more worries.
Where is the money?
Simi Create Wealth in the Stock Market???
It is more like Destroy Wealth!!!
His lampar shrunk!
Great pain in his ass became real!
His most hated one: DBS!
Round 17: ROC - 31.1%, 232 days, B $24.20 S$16.80
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20 Round 13: ROC+9%, 65 days, B $20.50 S $22.50
Round 12: ROC+10.6%, 8 days, B $20.50 S $22.60
The highest purchase of $24.20 is $19.07 after adjusting for right issue. It has since recovered its losses too.
No 3 is currently loved by the Market. His hate in 2008 now became his beloved one in 2014. No 1 is his smelly Oily man. No 2 is his Power Less Generators dragged further down by its smelly oily brother.
One great investing lesson in 2009 in Mathematically termhe has learned and must remember hard:
The size of one's lampar is directly proportionally to the size of one's War Chest when the market crashes!
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.