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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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

Saturday, 13 February 2016

OCBC


13 comments:

  1. is the below new? should I stop commenting? sorry if I offend you.

    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

    ReplyDelete
    Replies
    1. No worry here. No offence. Say what you think but no law breaking or unlawful comments

      Delete
  2. Hi CW88888,

    I dunno how to use support and resistance as indicators, and I also dunno how low OCBC will go. I will buy 100 shares when STI ETF falls by 10 cents or about 100+ point drop of the STI Index. To reach the lows of 2009, the index need to drop by another 1000 points and I prepared money for that. However, it is unlikely to happen la.

    ReplyDelete
    Replies
    1. Buying STI ETF is as good as buying the Bankers. This round I will test out the concept of STI ETF vs. single blue chips stock pick and see the result at the next Bull.

      Delete
    2. Derek,

      Why are you planning for something you believe is unlikely to happen?

      If it really happens, want to bet you'll be prepared?

      Remember our conversation beginning of last year on that stock when its $3.60? The bleeding heart looked at me with incredulity when I mentioned below $3 ;)

      To go below $3 will mean crisis valuation!

      Yup.

      All my predictions have come true by sheer dumb luck :)

      Now waiting for SGX to break below $6 ;)

      Delete
    3. I will put my money on my prediction and let it be lucky or unlucky and see how true it is. Concept/Theory vs. The Real thing on the Ground :-)

      Delete
    4. CW,

      That's why I respect you although we are always at it ;)

      Many don't quite understand your "Less analyzing; more investing".

      I have your six on this one ;)

      We all have our own Methods. When our plans triggers, we ACT.

      Simple as that. What's there to analyse?

      Unless you tell me there was no analysis when our initial plans were made?

      Or worse still! Extensive analysis prior, but when its time to pull the trigger, we hesitate. That means we have no Method lah!


      That's worse than no planning!!! Once convictions shaken, we are like deer frozen by the headlights...

      Delete
    5. evil lah you smol. lol
      you will make that 40s more sensitive than usual.
      poke too much liao

      Delete
    6. SMK,

      It's cool.

      Small community; we know each other.

      I never poke the weak and the lame. What's the point in that?

      I see people up then poke.

      If we can't stand a bit of heat, don't stay in the kitchen ;)

      Delete
  3. Good conversation here. I wait very long already for market to tell me otherwise. Now stopped out. Just waiting for a short term bounce to enter again.

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  4. This comment has been removed by the author.

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