I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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.

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Thursday 16 April 2020

STI : Anyone still thinking it is dead cat bounce??? (2)


Read? STI : Anyone still thinking it is dead cat bounce???

The answer will soon be revealed by Mr. STI!

Open your eyes and see closely!




8 comments:

  1. I thought it was a bear market rally but it has been rallying off the low of 23 march since then. I still think the STI with the banks which need to take loan losses provision will gradually correct down. But i am not sure whether we reach the low of march again.

    What do you think, Uncle?

    ReplyDelete
  2. Casino stocks are always a great buy at the right price. I would think 78ct is a fair value (30ct cash) but not a great price considering the china and asean tourist would not be rushing to gamble in rws casino anytime soon.

    ReplyDelete
  3. It may stagger side-way for a while due to uncertainty and if enough earning plunge has been factored in.

    ReplyDelete
  4. How about u CW? What do you think? DCB, or Rally...

    Apologies that I am gg to be blunt. Over the years, I realized you tend to ask when a situation a more 50-50, and less than frequent you like to provide your firm opinion.

    Maybe you are too kind and does not want to offend?

    So what do you think? Rally or dead cat?



    ReplyDelete
  5. scenario 1) Economy so bad, who will want to go gamble?

    scenario 2) Economy so bad, many people going to try their luck as their last option!

    ReplyDelete

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