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

Sunday, 6 March 2016

DBS : He Didn't Get Them Right But Not Judgement Day To Condemn Him To Hell!


Read? DBS: Bought Back @ $16.01


In trading for a living, they have to be right and wrong to make money to survive; but for retail investors with full time job, they just need to have plenty of gut and patience and most importantly NO EMPTY wallet to be right once again to make money. See the difference?

Headache?

No worry! Reasonable dose of Panadols will ease the pain.











12 comments:

  1. lol this time don't know if it is heng or skill.
    but surely got some luck?
    if any news come to knock the market, this rebound will not happen.

    that was some risky buying! like the OSIM that time.

    ReplyDelete
    Replies
    1. clarify: not saying no skill involved. just referring to the trade depending MORE on luck or skill.

      Delete
    2. 1) SMK,

      You got watch 笑傲江湖?

      When gian bei just displayed his 排山倒海, you don't "ji ji wai wai".

      You just clap!



      2) CW,

      Clap, clap!


      These 后辈 are making my pokings to you look like roses ;)

      LOL!

      Delete
    3. Did you see OSIM Round 2 here? How come?

      Delete
  2. Hi CW,

    I agree. As I am quite busy in work, I absolutely have no time for hourly or even daily monitoring. So only way is patience, guts and hehe my definition of deep pocket!

    Good to know it more clearly now!

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Most importantly we must NOT have empty wallet or else game over. LOL

      Delete
  4. Another example of hard to fish the bottom.
    Anyway I am too slow to react. My work does not allow me to monitor the prices, can only do so at home.

    ReplyDelete
    Replies
    1. Download this apps My SGX (Singapore Exchange) to your mobile. You will not be the same anymore. LOL

      Delete
  5. But since you have sold at the high range, buying back at $16.01 is still a gain. :)

    ReplyDelete
    Replies
    1. Slowly, slowly stuffing more feathers to make pillow stocks and then sleep soundly on pillow stocks and never ever worry of losing our hard earned money.

      Modify Buffet Rule 1: Don't lose our hard earned money. Once done, just keep playing without losing sleep.

      :-)

      Delete

Related Posts with Thumbnails