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

Wednesday, 30 November 2016

Jog The Singapore's Park Connectors - Round 7

Read? Jog The Singapore's Park Connectors - Round 6


Pasir Ris Connector --> Loyang Connector --> Changi Beach Park --> Coastal Park Connector which ends at East Coast Park














Not Too Little. Not Too Much. Not Too Late!!!



Why long-term investing is never easy for many retail investors?

This is all about balancing act!

Not too little : Not helping much when we finally got a multi-bagger stock but it is only a few lots

Not too much:  When market crashes, we can still sleep without nightmares.

Not too late: Late to enter or too late to exit!


We Can't Control. Why set Goal or Target??? (3)


Read? We Can't Control. Why set Goal or Target??? (2)

Move into Maintenance mode for fitness to remain slim and fit and move into Sustainable Income for Life over future market cycles with at least Three Taps solution model.

At yesterday kopi session; just one out of five of us; he hasn't gone into maintenance mode for his fitness. At his last annual medical health check; his cholesterol is getting higher; but no need for medication yet. He is now at his 50.

Uncle8888 told him if he still giving excuses then he may have to go into medication mode to control his cholesterol level. He is already quite careful of his own diet but still not enough as his test result has shown up.

For fitness and slimness; once we get into Maintenance mode; it is quite easy to calibrate back whenever we detect or notice some misalignment around our belly - that Little Italy! We can flatten it fast with just some incremental effort!

Same as retirees; we need to move into sustainable retirement income for life mode so that we will have less nightmares over future market cycles. Market crashes also we can still sleep well!





Tuesday, 29 November 2016

Kopi O Kosong


Met four ex-colleagues for kopi talk at The Capitol Building's B1 My Republic. The coffee is nice and also has free wifi and next to City Hall MRT station. :-)



We Can't Control. Why set Goal or Target??? (2)


Read?  We Can't Control. Why set Goal or Target???

To get rid of our body fat; we have to set goals and targets. 

No goals! No target!

You are going to be Italy for long long time!

Set Goal and Target and then we can control our Fat!


Monday, 28 November 2016

Jog The Singapore's Park Connectors - Round 6


Read? Jog The Singapore's Park Connectors - Round 5


Siglap Park Connector --> Bedok Reservoir Park Connector--> Tampines Connector which ends at Pasir Ris Park beach.













Walk Here. Walk There. Join The Queue : Chendol


Read? Walk Here. Walk There. Join The Queue : Thai Food







Uncle8888 : Chendol!

Sales : Durian or Mango?

Uncle8888: ..... (silent)


Sales : Durian or manago?

Uncle8888 : What?

Sales : You want durian or mango?

Uncle8888 : Huh? (Walau .. thinking that durian season is over. can't be durian). Mango!

Sales: Uncle, 50 cents more. Okay?

Uncle8888: OK!


Oh. The lesson of up selling!

$1.50 --> $2



Do you want to invest to be rich or become poorer due to inflation?

You have to make a choice!

No choice is not offer as an option!





Sunday, 27 November 2016

Our Beloved Stocks As Lifelong Friends or Companions???


In good times; we felt richer; but we didn't ditch you.

In bad times; we felt poorer; but we didn't avoid you.

Over the years; you have accompanied us, provide us with adequate cash flow and made us feel comfortable. 

We are not those headless chickens running about. 

No. We are not!

We hold our head high up for our beloved stocks as lifelong friends or companions. Right? 

We love our relationship!


Retirement is 休閒 or 修閒 . It is much different so plan way ahead of your time.


休閒






Saturday, 26 November 2016

Retired As Pokemon Trainer Too! (2)


Read? Retired As Pokemon Trainer Too!

BeeT26 November 2016 at 05:08:00 GMT+8

Uncle8888,

Ditto has appeared in the Sg Pokemap but it will only be there today! Go chase it!

ReplyDelete
Replies

CreateWealth888826 November 2016 at 09:20:00 GMT+8

Thanks. Alamak. Chase one 13m near florid but reached expied

Delete


While surfing the Net at home and didn't check the Radar for a while; when Uncle8888 spotted Ditto on radar; it left 16 mins at Hougang Ave 3, Blk 25. Uncle8888 dashed out from his house and ran on slippers all the way to Hougang Ave 3, Blk 25. Around 13m+!


Hee hee. Ditto called him out of retirement and now back to retirement again!




Cash Flow For A Living : Traders vs. Investors View


They will not see eye to eye as trading is an active role to make a living and in fact; it is just another part-time job in disguise while investing can be periodic active and more often inactive with nothing much to react.

To be able to survive as retail investors from cash flow for a living; this is what Uncle8888 has observed from the Cyber world on those who have made it. Their account size!

In investing, our account size really matters! - CW8888


How to increase our account size to that level of adequacy to deliver meaningful cash flow to fund living expenses?

Our job? No?




Friday, 25 November 2016

To save more : Cut Expenses or Increase Earning? To slim more : Cut diet or Increase Exercises?



There is a limit on how much expenses can we cut without impacting our healthy intakes.

Same as dieting.

There is a limit on how far we can put ourselves on diet without living out our life. Why do we want to make more money? To eat better. To enjoy better. If no, no then why we work so hard for money. We can't bring our money to our coffin. Why we still need so much money?

Uncle8888 is more towards earn more and exercise more camp rather than cutting more expenses and more dieting.





So You Think It Is Easy To Buy Back??? (2)


Read? So You Think It Is Easy To Buy Back???

Wednesday, 23 September 2015

DBS : Bought @ $16.98 for Round 20


Thursday, 7 January 2016


DBS: Bought Back @ $16.01 for Round 21


Finally; there is a dim light seen at the tunnel.





Jog The Singapore's Park Connectors - Round 5


Read? Jog The Singapore's Park Connectors - Round 4


Tanjong Rhu --> Geylang --> Sims Avenue --> Siglap PCN which ends up at East Coast Park beach







Thursday, 24 November 2016

Walk Here. Walk There. Join The Queue : Thai Food


Read? Walk Here. Walk There. Join The Queue : Traditional Roti - Butter & Kaya Share





Orders on queue (Blue paper)







Jog The Singapore's Park Connectors - Round 4


Read? Jog The Singapore's Park Connectors - Round 3

Completed Central Urban Loop (Pink Connectors) today!













Retired As Pokemon Trainer Too!


Wednesday, 5 October 2016

Read? Pokemon Go Trainers vs. Investment Trainers??? (4)

Thursday, 24 Nov 2016

The last one took so long to catch!

Game over and retired. 

Now Uncle8888 will save 1 to 2 hours roaming the streets!





Long Long Time Ago .... Bei Kambing!



Nowadays; Uncle8888 so Eng and resume the role of under-covered Bei Kambing to past time. How to be more frugal? Free food?

While there he opened his ears wide open and scaned around ...



Something like this older man was telling the younger woman (in her late 30s/early 40s)

Older man (in his late 50s) : No scare! The rate increase is in the steps of 0.25. It is not going up 1% every time. REIT no collapse! Just collect dividends la!


Hmm ..  just look at Telco sector. Just add one new operator. What is the big deal? Just collect dividends as Panadols?


No scare! Starhub and M1. Buy buy buy!



Tuesday, 22 November 2016

Assigning Each Significance To An Event


Read? Assigning Each Significance To An Event


What is the level of significance of the event 10 minutes from now?
What is the level of significance of the event 10 months from now?
What is the level of significance of the event 10 years from now?


Hmm ... 

Somehow, now; Uncle8888 did understand or realize something after reading it.


In the world of long-term investing and short-term trading; assigning each significance to an event happening; and after it has happened.

Most retail think that they are long-term investors. But; can they afford to take their eyes off on any one event without worry that they have missed out significantly?

Do they behave like traders or investors?










 

Telco No Longer Defensive Stocks With Just One Add On???




How To Maintain Slim and Fit? (2)


Read? How To Maintain Slim and Fit?

Eat balanced diet like this. 

Eat first. Jog and Eat again and then jog more!

We can maintain slim and fit and still enjoy to eat what we like.




The Secret is to get into fitness maintenance mode. 



Createwealth8888November 21, 2016 at 8:56 PM

Bloggers on slimming course?

ReplyDelete
Replies

Jimmy LNovember 21, 2016 at 9:07 PM

i thk it will be a long term slimming programme. any good tips to share? i keen to learn


Createwealth8888November 22, 2016 at 8:06 AM

Double what you are doing now and then two years later triple it and stay in maintenance mode.

Delete

Jimmy LNovember 22, 2016 at 9:22 AM
double up? eat veg? i still want to enjoy life leh.. too extreme for me. sounds like investing tips hehe

Singapore's household wealth rises 2.9% in 2016 to S$1.1 trillion


Read? Singapore will be a land of millionaires by 2020, predicts report


BT, NOV 22, 201612:32 PM

SINGAPORE'S household wealth grew 2.9 per cent in 2016 to reach US$1.1 trillion and this upward trajectory is expected to continue in the next few years, says a global wealth report.

The Credit Suisse Research Institute on Tuesday published its seventh annual global wealth report which projected the Republic's household wealth to rise 3.5 per cent per year in the next five years to reach US$1.4 trillion in 2021.

And even as growth slows, Singapore's wealth per adult rose 1.4 per cent to US$277,000 in 2016, making Singapore seventh top economy in the world with the highest average wealth per adult.

The report said this is expected to rise 2.2 per cent per annum to reach US$309,000 in 2021. This would compare to annual growth rate of 6 per cent from 2000 to 2016, led by high savings, asset price increases, and a favourable rising exchange rate from 2005 to 2012.

Financial assets make up 54 per cent of gross household wealth in Singapore, a ratio similar to that of Switzerland and the United Kingdom, the report said.

Wealth distribution in Singapore is moderately unequal, with 18 per cent of its adult population with wealth below US$10,000, compared with 73 per cent globally.

"Singaporeans have also progressed rapidly up the wealth pyramid, with now 50 per cent of adults having wealth above US$100,000, compared to 21 per cent in 2000, while those with wealth below US$100,000 have declined from 79 per cent to 50 per cent of adult population," said the report.

In 2016, Singapore has 150,000 millionaires, up 2 per cent, with a total of US$541 billion in wealth.

The number of ultra high net worth individuals here grew even faster, at 14.2 per cent to 885.

By 2021, the report said, the number of millionaires is forecast to grow 4.2 per cent per annum to 185,000.

Other trends mentioned in the report include how the overall growth in global wealth remained limited in 2016 and that in the mid term, only moderate acceleration is expected.




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