As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

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

Saturday, 4 July 2020

10M Population in Singapore???

Do a mass polling among Sigaporeans.

Of course. The answer is NO!


90% of Singaporeans are working class!

You ask businessmen, landlords, business owners, entrepreneurs and investors. Answer is YES!!!


Friday, 3 July 2020

Funding Your Child’s University in the Future? (2) - Refresh

Read? Funding Your Child’s University in the Future? (2)

Read? Minimum Income or Enhanced Workfare Payout???

Read? Working Part Time During School Days???

After one full circle; Uncle8888 now back to working part-time as free lance low income worker like his teen age days. Walau!

BTW, Uncle8888 is still keeping his University of Singapore student pass! 

Don't ever blame others for your own failing!

The same life lesson from Mr Market!

Mr Market doesn't know you and don't care who you are!

You are on your own. Make or Break!

Plan C is to study part-time and get the necessary skills to get promoted and climb in corporate (be a shepherd).

Yes. Uncle8888 was on Plan C!

His father got NO money!

He also no money!

But; the day he started working ...

Got money. 

Got money and then could execute Plan C. 

Not directly from A Level to Degree on father's money; but through own money on longer path from A Level to Diploma and Degree!

Minimum Income or Enhanced Workfare Payout???

Read? $3,000 cash payout for Workfare recipients

Lower-wage workers, including self-employed ones, will get a $3,000 cash payout under the Workfare Income Supplement scheme, Deputy Prime Minister Heng Swee Keat said yesterday.

This is an enhancement of the one-off special cash payment amounting to 20 per cent of their payout last year, with a minimum payout of $100, which he announced during his Budget speech last month.

Workfare is targeted at Singaporean workers whose earnings are in the bottom 20 per cent with some support for those slightly above, through Central Provident Fund top-ups and cash payouts. To qualify for the scheme, citizens must be 35 and older and earn a gross monthly income of not more than $2,300, among other criteria.


How much to pay as minimum income when all pay masters are looking to minimize labour costs to improve margin?

We must always remember that cotton comes from sheep. 

Minimum income will also mean paying more for some existing services or goods. You sure. You are okay meh?

As investment and financial blogger; Uncle8888 looks towards investment income to supplement earned income from works.

But; low income workers are likely not to have the right level of capital to invest for income. So how?

How about government setting up $10B or $20B Workfare Bonus Income Fund and distribute 50% of net income from this fund as Workfare bonus payout? 

Government is helping low income workers to invest! LOL!

Thursday, 2 July 2020

Housing Loan And Accrued Interests Refund To CPF very near to 55

Read? Turning 55 - and enjoying financial freedom (2)

If you are very near to 55 and currently have spare cash; but don't know where to invest; quickly go to the nearest CPF Branch office to do partial housing loan and accrued interests refund to CPF. 

It is the best saving rate you ever find in Singapore now!

mai tu liao!

John Paulson, Winner in 2008 Crisis, Latest to Quit Hedge Funds

CW8888: It is damn tough to make money and then retain all these  winning $$$! In the market; you eat other people's lunches; but some others turned back and gobble you up! LOL!

Read? John Paulson, Winner in 2008 Crisis, Latest to Quit Hedge Funds

(Bloomberg) -- Just over a decade after John Paulson shot to fame and fortune, he’s become the latest big-name money manager to quit the hedge-fund business, saying this week he’s converting his firm into a family office.

Paulson never managed to sustain the success and notoriety he found by betting against the housing market in the run up to the last financial crisis. Now, in the midst of an another period of economic turmoil, he’s returning outside investors’ money to focus on his own fortune, which the Bloomberg Billionaires Index puts at $4.4 billion.

He joins a list of industry legends who have recently called it quits amid a generational shift. Louis Bacon said in the past year that he was stepping back, as returns that were once routinely in the double digits dribbled away. David Tepper also said he was transitioning his firm, though he planned to keep a few outside clients. Stan Druckenmiller and George Soros, two legends of the 1990s, were among the first to switch to the family office model.

The move also underscores the wider tumult in the investing world, where fund managers who for decades bestrode Wall Street as revered money makers find themselves struggling to compete with computer-driven, index-tracking funds that closely follow seemingly ever-rising markets at a fraction of the cost of traditional offerings.

“After considerable reflection and careful thought, Paulson & Co. will convert into a private investment office and return all external investor capital,” Paulson wrote in a letter to investors this week. A spokeswoman for the firm didn’t immediately provide a comment.

Paulson started his firm in 1994 and built his fortune by betting against the U.S. housing market more than a decade ago. The firm’s assets slumped from a peak of $38 billion in 2011 after investment losses and client defections: As of November 2018, it ran less than $9 billion -- and most of that was Paulson’s own fortune.

Paulson’s success was based largely on on his purchase of credit-default insurance against billions of dollars of subprime mortgages before the market collapsed in 2007. The move earned his firm $15 billion -- almost $4 billion for him personally -- and rocketed Paulson to the ranks of superstar managers.

He grew up in New York City’s Queens borough, and went on to attend New York University and then Harvard Business School, where he was a Baker Scholar, in the top 5% of his class. After briefly working at Boston Consulting Group and then with Odyssey Partners, he joined Bear Stearns as an investment banker in 1984. Four years later he left for investment firm Gruss & Co. and by 1994, he had enough money to go out on his own.

He started Paulson & Co. with $2 million of his own and family and friends’ capital, and focused on risk arbitrage, betting on the shares of merging companies. The fund had grown to $300 million by 2003. At its peak, it was one of the largest hedge funds in the world.

In 2012, Paulson told Bloomberg Businessweek that he’d be “very happy” to see his firm continue after he retired, though that was something he said would still be years away. “I’m still relatively young, you know, being 56,” he said at the time.

But poor performance in the past few years had led him to reconsider. In 2018, the firm returned some investor cash, cut staff and planned to get back to basics by refocusing on merger arbitrage strategies -- the key to Paulson’s earlier success.

Just a year later, Paulson said he was considering turning the firm into a family office or making it a hybrid business with one part managing his money and another running client capital. At the time, he said as much as 80% of the money his namesake firm ran was his, and that he’d likely make a decision within two years.

“Nowadays, it’s difficult to assemble the kind of expertise in credit markets you had back in 2008 and 2009, especially because the ability to access those types of opportunities is harder today,” said Tim Ng, chief investment officer of Clearbrook Global Advisors who invested in Paulson in the late 1990s and early 2000s while at his previous firm. “And it’s harder to convince investors you have the expertise to take advantage of those opportunities.”

Ever since his big win, Paulson stumbled from one losing trade to another, chipping away at the 2007 gains that are still among the largest in hedge-fund history. He wanted the next big trade, but was too optimistic about the U.S. economic recovery and overly bearish about the European debt crisis. He forecast that gold would strengthen as investors sought a hedge against inflation. Instead, the metal entered a bear market.

“It’s like Wimbledon. When you win one year, you don’t quit; you want to win again,” he told Gregory Zuckerman in his book “The Greatest Trade Ever.”

Paulson’s first big misstep was in 2011 when one of his largest hedge funds lost 51% after wagers on a U.S. recovery went awry. It was one of the worst years of his career and resulted in clients yanking about $2 billion across his portfolios. Still, things soured even more over the next two years as he produced $9.4 billion in losses for clients.

Investors continued to pull money after the string of slip-ups, and the losses continued. After a series of wrong-way bets on drug stocks, he called 2016 “our most challenging year since inception,” in a report to investors.

Even with all of the ups and downs in his career, Paulson isn’t ready to close the book on investing.

“With one chapter closing a new one is beginning for me and I look forward to continuing as an active participant in financial markets,” he wrote in the letter.

Tuesday, 30 June 2020

Am I worry about worthless 4 RM HDB at the end of 99-year lease?

Election fever is on! This HDB 99-year lease worthless topic is back again. LOL!


At the end of your 99-year lease – your CPF & cash utilised for your flat becomes worthless!

So what? What is the problem?

Read? Still Making Good Gross Profits Even For Buying Resale 4 Rm HDB Flat More Than 15 years Ago.

One neighbor said Uncle8888 is lucky to make lots money if he sells his 4 rm HDB flat as he bought it cheaply at $55K. This neighbour bought it at resale price at $365K more than 15 years.

Read? HDB 4 Room Rental Soften???

Uncle8888 asked her about the rental rate. She said that the current rental is $2,000. The previous rental was $2,800. 

Down by 29%!

Let assume average Uncle8888's HDB 4 room rental is about $1K per month from 1987 to 2020 and over 34 years of rental expenses is 34 X 12 x $1K = $408K

He has already saved $408K - $55K = $353K!

Assuming $1K per month for the next 65 years till end of 99-year lease.

Another 65 years to go till end of 99-year. Total rental expenses is $408K + $780K = $1.2M

He will be saving more than $1M in rental expenses over 99 years!!!

Why kpkb on about worthless 4 RM HDB at the end of 99-year lease?

Scratching head!

Year 4 (H1 2020) Into Retirement Phase By Cashing Out To Fund Household Expenses

Read? Worst Cash Flow From Investment Portfolio of Stocks In SGX Since 2009?

Setting a new record low of 7.8% after GFC by doing nothing???

To be frozen in this fast falling market is NOT an option so Uncle8888 took out gun and bullets from his war chest and started firing at COVID-19 Bear.


This COVID-19 Bear was strong; and he suffered immediate casualties. He really sucked at stocks picking as usual! 

Yalor! He didn't attend this course ...  if you're looking to make your first million via the stock market BEFORE you retire...

Want More Dividends?

Not that difficult. Pump in more capital!

Our war chest is the calibrator to increasing or decreasing dividends and also for fighting the next battles and wars! Right?

After firing 31% of war chest ...

He is now expecting 8.6% instead of doing nothing at new record low of 7.8%

After Point X in our long investing journey .... our investing mind can change!

As we may now see clearly what is real and what is illusion in the stock market; and do closely what fits us personally. 

This is personal finance and investing so it will be always about us and never about what others are doing in the market! We mind our investing business!

We Can Trust Old Folk Banks Under Close Supervision by Govt Or Young, Enterprising FinTech Like Wirecard???

Read? Wirecard: 'It’s really bad. I’m left with nothing'

Yield Hog???

Hmm .... it is alright to be yield hog!

Uncle8888 is also yield hog; but he likes lean meat better!

Fatty pork belly he will want to avoid.  

Too fatty may be unhealthy over long periods of consumption. May have to vomit out!  So not healthy for retired seniors who have weaker stomach!

Lean meats for Yield hogs???

Monday, 29 June 2020

COVID-19 is a taste of Minimalist lifestyle!

Really happy on lower monthly expenses? 

BTW, it does help to know what is the minimum income required to survive.

Retrenchment Is Real And Can Happen To Anyone. Be Ants and Make Hays While Sun Shines!

Read this well written? My Company Will Be Undergoing Restructuring. What is My Backup Plan?

They are Uncle8888's few ex colleagues; statistically this is a small sample and random size in one company indicating a much larger number of retrenchment happening out there in Singapore over those past years. It can happen to anyone!

Read? You Love Your Job But Your Company Doesn't!!! (4)

Sunday, 28 June 2020

GE 2020 - Aljunied GRC Hottest Seat !!! (2)

Read? GE 2020 - Aljunied GRC Hottest Seat !!!

Ivan Lim was only 16 when he started working in Keppel Harbour Yard in 1994, right after his O Levels. His circumstances were such that he had no choice but to start work at that young age. He was given a scholarship from Keppel to pursue his diploma in marine engineering, and later on a degree. Over the years, he received opportunities to perform and grow with the company. He also benefited from the mentorship provided by his seniors in Keppel.
Today, Ivan is the General Manager (Operations) of Keppel Shipyard and President of the Keppel Young Leaders. It is an inspiring story of how Keppel nurtures its talents.

The Moral of Story ???

No nonsense, sharp eyes to the fine details and "ruthless" corporate rising stars are not uncommon in the corporate world; they can rule the corporation with their iron fists; but not in election by popular votes when every voters have their rights. LOL!

In Uncle8888's 39 years in the corporate world as lower rank employee has also encountered quite a number of such bosses. 

They banged table, shouted at you, you do exactly what they want you to do. You not happy then you should leave or get yourself transfer on your own. For own transfer; it is hard to convince the receiving department that it is not your failing that you want out!

To survive in corporate world without taking such nonsenses from such bosses is to pursue FI and then has the option on hand to show them F.... U!

you're looking to make your first million via the stock market BEFORE you retire...???

KNS! Another spam email!

That Guru's siblings, close relatives and close friends already millionaires and FIRE or about to retire as millionaires???

Never verify email owner and anyhow spam!


Heads up!

The intake for Investment Quadrant 2020 starts tomorrow.

If you want to propel your investment portfolio to 6 figures...

Or if you're looking to make your first million via the stock market BEFORE you retire...

Read? Till His Death Still No Answer From Him???

Investment Quadrant shows you how to get it done.


By investing in companies that MULTIPLY your money over and over again.

The course is extremely affordable and we have included a bunch of amazing bonuses to make this course crazy-value for money.

And that's not all...

Is Time in the Market and Timing the Market mutually Exclusive??? (2)

Read? Is Time in the Market and Timing the Market mutually Exclusive???

What example of timing the market often mentioned by experts?

Timing the market by investing large sums at one go.

Hmm ... is that over-confidence investing. No?

This is Timing the Market with money management and position sizing strictly in practice.

Deploy your war chest at whichever levels you want!

When it hits, no NATO!

Uncle8888 is both Timing the Market and Time in Market player over 21 years of market cycles includes holding oily and smelly stocks that currently made many retails sick and vomiting.

Saturday, 27 June 2020

STI ETF for Panda/Koala with low diet and low energy!

Think of Investing in Stock Market as Game of Tug of War (2)

Read? Think of Investing in Stock Market as Game of Tug of War

Read? Singapore’s Retail Investors Load Up On What Institutions Dump

CW8888 : Insitutions have to follow their rules closely or else their performance bonuses will be affected; but retail can choose to follow heart and mind with Panadols. LOL!

Taking which side? Your own choice. After Point X, you will know right or wrong. 


Retail investors are filling the void left by institutions in Singapore’s equities market this year, Singapore Exchange Ltd. data show.

Individuals have pumped a net S$4.8 billion ($3.5 billion) into the city-state’s stocks since March, whereas institutions offloaded a similar amount in the same period, according to calculations by Bloomberg based on data from the Singapore bourse. The divergence began to become apparent in March, when retail investors put in an aggregate of S$1.9 billion and professional investors sold around S$1.8 billion.

Parting Ways

Singapore retail investors piled into stocks while institutional ones exited.

Individual investors are drawn by high dividend yields offered by the nation’s stocks, “and they are sitting at home, they have nothing to do,” said Aik Hong Ng, deputy head of Phillip Investor Centre, a unit of Phillip Securities Pte. Some are using creative ways to take advantage of low valuations as well, using advances on credit cards and loading up on debt and leverage to purchase more shares.

Online brokerage apps with low transaction fees also helped boost the retail trading activity, according to Nirgunan Tiruchelvam, head of consumer sector equity research at Tellimer.

Source: Singapore Exchange

Bro STI bows to Uncle DOW overnight??? (2)

Read? Bro STI bows to Uncle DOW overnight???

Uncle8888 also has opened no minimum commission trading account and now can fire multiple sub-bullets for his Three Shots strategy. 

Watching out for smaller waves may be more fun and waiting time will be shorter. 

Smaller Panadols. Smaller pain! 

Can also polish up his craftmanship on chart watching? 

Stocks fell sharply on Friday after Texas rolled back some of its reopening measures, raising concern about the latest spike in coronavirus cases and its impact on the economy.

The Dow Jones Industrial Average closed 730.05 points lower, or 2.8%, at 25,015.55. The S&P 500 slid 2.4% to 3,009.05 and the Nasdaq Composite dropped 2.6% to close at 9,757.22.

Those losses led to the major averages’ second weekly drop in three weeks. The Dow and S&P 500 fell 3.3% and 2.9%, respectively, for the week and the Nasdaq lost 1.9% in that time period.

“Coronavirus cases are spiking and reopenings are being delayed, which at a minimum will impact earnings,” said Tom Essaye, founder of The Sevens Report. “The resurgence in coronavirus cases is raising concerns that the rebound may be short-lived as voluntary or potentially more government mandated economic shutdowns are becoming increasingly likely.”

Texas ordered all bars and establishments that receive more than 51% of their gross receipts from alcoholic beverages to shut down operations. Restaurants, meanwhile, must limit on-premise dining to less than 50% indoor capacity. “At this time, it is clear that the rise in cases is largely driven by certain types of activities, including Texans congregating in bars,” Texas Gov. Greg Abbott said.

Florida also announced it would suspend “on premises consumption” of alcohol at bars in the state after reporting a surge of nearly 9,000 new virus cases. In Arizona, the number of cases jumped by 5.4%, topping a seven-day average of 2.9%. At a nationwide level, the daily average number of confirmed coronavirus cases is now more than 33,000.

Friday, 26 June 2020

GE 2020 - Aljunied GRC Hottest Seat !!!

Hmm .. no Low's fighting spirit in current leadership to leave secured home ground to grab more seats? 

Look like tough battle here!

This means the five-person blue team contesting in Aljunied GRC is complete, consisting of Pritam Singh, Sylvia Lim, Muhamad Faisal Manap, Gerald Giam and Leon Perera.

Read?Workers' Party Pritam Singh, Sylvia Lim, Faisal Manap to contest in Aljunied GRC

Read? My Respect to PAP's Bedok Ward Candidate, Victor Lye!

Most, If Not All Successful Investment Cases Are Just Hindsight Wisdom

Only after Point X, we will realize whether our investment is successful or not; and then those successful ones will be highlighted as case studies and those unsuccessful ones as lessons learnt. Tio bo?

All investment cases and lessons learnt are just hindsight wisdom or just talking heads by investment experts or Gurus.

Thursday, 25 June 2020

Bro STI bows to Uncle DOW overnight???

 Stocks futures were flat in overnight trading on Wednesday, following a steep market sell-off triggered by intensifying worries about a coronavirus resurgence.

Futures on the Dow Jones Industrial Average were little changed. The S&P futures and the Nasdaq 100 futures were fractionally lower. Trading volumes were thin overnight.

The record spikes in new coronavirus cases in multiple states are damping hopes for a smooth economic recovery. California and Florida reported their biggest daily spikes in new coronavirus cases, while Houston said its intensive-care unit beds are near capacity. New York, New Jersey and Connecticut also ordered visitors from certain hotspot states to quarantine for 14 days.

The negative headlines sent the market into a downward spiral on Wednesday. The Dow dropped about 700 points, while the S&P 500 and the Nasdaq fell 2.5% and 2.1%, respectively. All three benchmarks posted their worst day since June 11. The tech-heavy Nasdaq also snapped an eight-day winning streak.

Tuesday, 23 June 2020

SMOL: Trust But Verify??? (2)

Read? SMOL: Trust But Verify???

Read? Hin Leong forged documents to mislead banks, has 'no reasonable prospect of being restructured on its own': PwC

Evidence further suggests that Hin Leong may have fabricated fictitious derivatives gains and trading profits to conceal accumulated derivatives trading losses of about US$808 million over the past 10 years. “On this assumption, it follows that the cumulative overstatement of profit in the company’s financial statements in the past decade amounts to US$2.1 billion,” PWC wrote.

Hin Leong was audited by Deloitte & Touche. Deloitte said in April that it stands behind the quality of its work. Hin Leong is also under investigation by the police.


Hin Leong's case reminded Uncle8888 of late Guru's wise words! 


This was how late Guru would counter back and Uncle8888 learned something from him.

Trust; but You can't really verify!

Late Guru's counter argument.

We trust audited statements from the Big Four. Right?

But it doesn't mean auditors have verified there is no uncovered fakes or fraud! We have seen some audited and listed companies have been faking or fraud so well until one day they were uncovered and start failing. 

Trust is far more important than audited statements?

Have faith and trust your Gurus!

Turning 55 Soon? Here's A CPF Special Account Hack You'd Want To Know!

Read? Turning 55 Soon? Here's A CPF Special Account Hack You'd Want To Know!

Read? Comments on "My All-Weather Income Streams As Singaporean Retiree"

ED23 June 2020 at 13:58:00 GMT+8

Hi CW,

Saw the msg from "mysecretinvestment" mentioned you shared quote" on how to preserve your SA principal and that is to withdraw on or after 5 Dec of each year."

Im curious on this secret as i was checking this with CPF on some investment plans to move the funds out from SA before reaching 55.

Reply Delete

ED 23 June 2020 at 14:00:00 GMT+8

purpose is to keep as much funds in SA so that it is earning 4%pa. Avoid SA funds being lock up in RA till 65.

Reply Delete

Thank to this direct question from ED, Uncle8888 now has to be transparent on this mistaken secret on CPF SA and share his true story of CPF SA hack or actually kena hacked?

Probably; ED may have recently read about CPF SA hack and get a little excited and wanted to verify on the ground! LOL!

CPF Special Account Hack

This CPF SA hack is not new. Probably, many Merdeka generation's folks could been targeted by their friendly FAs on this hack. 

If you are in your late 40s or early 50s; you can watch out for your friendly FAs coming to you to share this hack.

Long, long ago, in his late 40s; his long time FA shared this CPF SA hack (or he was actually hacked); and of course he would believe in good story of maximizing his SA and RA 4% compound interests; and invested $100K from CPF SA in XXX Global Balanced Fund!

Global Balanced Fund should closely match 4% CPF SA risk free return. Right? Don't ever believe projected return!

Hmm .. Uncle8888 was once also into passive investing! LOL!

May be Uncle8888 is just unlucky as this XXX Global balanced fund happened to go through GFC; but when it started to recover he was nearer to 55 and decided it was time be realistic that it is NOT easy to beat 4% year on year compounded interests in CPF SA or CPF RA. He sold this fund and refund back to CPF SA.

Happy lor as there is net profit after GFC Big Bear ....

CPFIS SA Net Refund (negative number is profit)

Good return for this CPF SA hack???


What is the Moral of his Story?

Active or Passive Investing During Retirement For Income?

Can passive investing generate annual average of 7 to 10% ROC of cash flow as retirement income?

Any one knows real retirees generating this kind of ROC on passive investing.

Higher yield. Lower capital. More retirees can afford lower capital! 

Realistically, we should be asking as retirees with more spare time ...  can we afford to be passive investing?

Sunday, 21 June 2020

CPF 1M65 : Before 55, You are CPF Rich but Cash Poor or CPF Rich and Cash Rich!

Read?1M65 - CPF Rich, Cash Poor - A Life Well Spent or A Life Well Wasted?

Saturday, 16 September 2017

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (10)

Read? Hey! Are You Married With Kids?

Hmm .. where to read those comments on heated debate amongst those that strongly believe in the 1M65 or 4M65 movement?

Where ah?

CPF 1M65 is good for those are already cash rich and also has too much cash to invest and wanted to diversify their investment portfolio using CPF as their long-term bonds. Then go for it! 

But, the rest of us who are not that cash rich and specifically those who have younger dependents; it is better to think triple harder!

Personal Investing Is Like .....

Once we have decided what to eat; we buy and eat 


After thinking what to eat and then we go around tables to compare what others are eating and then decide what to eat too.

What we decide to eat is definitely our own choice. There is no such thing as right or wrong! Junk, healthy or unhealthy. We choose our own poison and dig our own grave!


Father Day's own-self lunch!


My All-Weather Income Streams As Singaporean Retiree

Probably, the odd Singaporean investment blogger out there in Singapore investment blogosphere.

No rental income, no Gold or Silver, no Bitcoins, and no overseas stocks. 

Just CPF and local stock portfolio in SGX. 

Live local. Eat local. Receive SGD. No WHT!

Saturday, 20 June 2020

Now Retail Remember Hyflux As Great Sinner???

But, to be fair to Hyflux who was once a Hero in her past glory!

Read? Lost Your Money In Hyflux???

Olivia's billionaire dream has became her nightmare!

Yes. Uncle8888 also believe in Olivia's dream; but in real life sweet dream can turn to nightmare! 

That is life! We have fatal accidents, heart attacks, strokes and cancers.

That is why is always about position sizing and money management so that in the worst case scenario we don't end up with suicidal thoughts to get out!

Hyflux is now a $270 million company, and Lum's biggest challenge will be to sustain its rapid growth. "There are further good years ahead," says Kerryn Tay, an analyst at GK Goh Research in Singapore, pointing to growing demand for Hyflux's products in China and government support at home. For her part, the hardworking Lum wants Hyflux to be worth $3 billion within five years. Grandma would approve

Read? Hyflux: Won more projects in China

STI - No more FOMO

STI and 6 local Blue Beauties. Who have became ugly?

Friday, 19 June 2020

SGX : Sell Down by BBs Over???

Understanding Stock Market Risks - Financial Fraud Risk is real! (4) - Right time to refresh!

Read? Understanding Stock Market Risks - Financial Fraud Risk is real! (4)

Read? Wirecard says it cannot rule out 'fraud of considerable proportions'

You can see that it is NOT S-chips!

Financial Fraud Risk is Real

Like honesty, we cannot assume that there is no financial fraud risk in our invested companies. All investment by nature are risky and financial fraud risk is real. This risk can never be analyzed by anyone and not even by world-class analysts or board members. So it is wise for us to protect ourselves against this risk through good portfolio management.

The truth about 3Ms in investing!

It is wise for us to protect ourselves against this risk through good portfolio management.

Too many retail investors are seeking the holy grail of Method in investing either through FA, TA or FATA. But; the true holy grail is ...

Method, Mind and Money Management

No matter how smart or how experience we are; we cannot analyze frauds from publicly available data and disclosures! NEVER!

The only true Holy Grail that will save us from destruction is ...

Not sure how many retail investors are seeking this Holy Grail?

The best of this Holy Grail; you DON'T have to seek "Gurus" to attend investment course to find it!

You get it?


Thursday, 18 June 2020

The folks at CPF Board answer your burning questions about CPF

Read? The folks at CPF Board answer your burning questions about CPF

Jen, 30 (no picture)

Q2: What’s the highest return rate for my CPF that I can get?

Answer: Currently, you earn interest rates of up to 3.5% per annum on your Ordinary Account (OA) monies, and up to 5% per annum on your Special and MediSave Account (SMA) monies. Retirement Account (RA) monies earn up to 5% per annum.

These interest rates include an extra 1% interest paid on the first $60,000 of your combined balances (with up to $20,000 from the OA).

If you’re aged 55 and above, you will also earn an additional 1% extra interest on the first $30,000 of your combined balances (with up to $20,000 from the OA). As a result, you will earn up to 6% interest per year on your retirement balances.

CW8888's computation of his yearly RA interests

=(RA balance at 1 Jan - $60,000)*4% + $30,000*5% + $30,000*6%

Wednesday, 17 June 2020

Greatest Traders vs. Greatest Investors??? (Refresh)

Read? Greatest Traders vs. Greatest Investors???

Very low cost trading has made trading so shiok!

Like Robinhood traders who are out to rob Market Rich and reduce wealth inequality!

Tuesday, 16 June 2020

CPFIS after 55. To close or NOT to close?

Can you write to CPF Board for advice or you ask your favorite post 55 investment blogger?

Q : For CPFIS, it incurs custody fees, and technically the shares are not under my name. I thought it may be a better idea to move it to pay a one time transfer fee and move it to CDP? It's also better for bequest reasons I think. But I am thinking if you are thinking transferring the shares to CDP means closing the CPFIS account completely?

Uncle8888 didn't close his CPFIS after 55 as he likes to think that his CPFIS is a 2.5% compounding interests War Chest waiting for market crash!

Dividends NOT spent yet in bank account earns 0.5% in current low rate environment; but CPFIS  earns 2.5% in CPF OA.

Uncle8888 withdraws his CPFIS dividends in the month of Dec every year after retirement in Sep 2016. Earning 2.5% is still much better than 0.5%.  Multi-bagger gains. LOL!

Let hear what other post 55 readers' view on their CPFIS here!

SGX : Bought @ $8.21 for Round 6

Read? SGX : Bought @ $8.48 for Round 5

Bought back the last two sold positions to restart the Game of timing the market!  :-)

Huat more or more Pandols?

Round 4 : ROC +8.5%, 6 days, B $8.01 S $8.74
Round 3 : ROC +8.8%, 12 days, B $8.21 S $8.99
Round 2 : ROC +13.6%, 3 days, B $7.46 S $8.52
Round 1 : ROC +12.3%, 61 days, B $6.87 S $7.76

Bro STI fell for three days from 2,801 to 2,614 now LL has to follow Uncle DOW to rise???

Futures contracts tied to the major U.S. stock indexes rose Monday evening as investors looked to extend Wall Street’s gains from Monday’s dramatic comeback.

Dow Jones Industrial Average futures rose 200 points, suggesting an open gain of 248 points when regular trading resumes on Tuesday. S&P 500 futures pointed to an opening advance of 0.85% while Nasdaq-100 futures indicated a climb of 0.8%.

The overnight moves Monday evening followed a striking rebound in U.S. equity markets during the regular session.

The Dow Jones Industrial Average closed 157.62 points higher on Monday after the blue-chip index fell more than 760 points earlier in the session. The S&P 500 gained 0.8% to end the day at 3,066.59 while the Nasdaq Composite advanced 1.4% to 9,726.02. The S&P 500 and Nasdaq had fallen as much as 2.5% and 1.9%, respectively, before erasing those losses.

Traders pointed to an announcement from the Federal Reserve during Monday’s session for an abrupt move higher around 1:50 p.m. ET.

Monday, 15 June 2020

STI vs DOW : Clue to COVID-19 Round 2. Don't miss the Boat (2)

Read? STI vs DOW : Clue to COVID-19 Round 2. Don't miss the Boat

Dow futures sink 500 points as market pullback continues, airline and retail shares decline


DOW volatility is seen to be back in play then COVID-19 Round 2 Boat is coming back to Port???

You have your boarding pass ready?

50% Pay Cut!

Read? Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business?

F&B in deep shit and Uncle8888's 8 HWW (8 Hours Work Week)'s resturant outlets are mostly in these areas. Now cut to 2 HWW for restaurant outlets in heartland malls where there are still take away food orders.

Heard someone calling loud : "Hey Uncle" in Old Airport Rd hawker centre.

Ooo.. still can recognize the familiar face behind the mask. He is one of the restaurant chefs in Orchard area; the dine-in only buffet restaurant still closed and he is supplementing his pay cut by temporarily helping out at one of hawker stalls. He sighed as cooking at hawker stall is a tougher job.

Sunday, 14 June 2020

No selling free investment webinar

Read? Wow! That 20% Compound Return!!! (3)

The last free preview with free tea break and lunch provided was  on Saturday, 8 April 2017

Long time liao!

Uncle8888 has seen this "Guru" so funny in his FB ads and decided to try and see see lor. LOL!

Interesting to hear from "Guru" that there was 200+ participants; but most of them were passive listeners and mute so he kept encouraging participants to be active and to respond by typing something e.g good, wow or asking questions !

No selling at Webinar?

Of course No!

But, the next day and following the next few days; emails coming to remind you goodies and magical formula is waiting for you to make money from the stock market. Don't wait if you want to FIRE!


How I Invest For Income Without Losing It Back To Mr Market During Retirement?

Without losing any income investment back to Mr Market?

Chun bo? Remember that you said that Losing is part of investing game. LOL!

3Ms - Method, Mind and Money Management


Uncle8888 has two bank accounts i.e. one joint bank account for investing which linked to joint CDP account and another joint account for saving to fund household expenses.

Investing is investing. Liquidity for household is spending. Never mix up investing with saving/spending. Never!

Whatever investment income i.e. dividends or trading gains will be transferred from investing to saving for liquidity to fund household expenses.

Mind and Money Management

During his retirement phase; he is no longer investing to build up more wealth for his retirement as he is already retired. He is investing for income to spend and using his war chest to calibrate investment income to try to make it sustainable across market and economic cycles.

His investing capital has been fixed since inception of investment portfolio on Jan 2000; he has not injected a single cent into invetment portfolio for the last 20 years of investing journey. He is kiasu and kiasi. He can only afford to lose what he can put into the stock market as single household income with three children. 

Mai cheong in the stock market! He is not those Early Retirement Masterclass type of retail investor. He is as slow as Panda or Koala. 

That is the nature! Slow!

If he is still good at investing; he will be able to generate investment income with his fixed capital. If he has lost his capital significantly in the future; he will have to retire from investing and lives off his CPF and quit investing game! Game over for him!

How not lose back money to the stock market?

Once this investment income is already spent; how to lose this money back to Mr Market. Right?

Saturday, 13 June 2020

Dividend in specie

Read? Sembmarine to raise S$2.1b, demerge from parent Sembcorp

Dividend in specie?

Good or bad?

Uncle8888's data points in dividends in specie from Keppel Corp.

Keppel Corp may be playing the game again when Temasek takes over control of Keppel and inject Keppel's O&G into SML and distribute SML share as dividend in specie.

He is looking forward to Sembcorp Ind distribution of dividend in specie for SML. :-)

STI vs DOW : Clue to COVID-19 Round 2. Don't miss the Boat

Friday, 12 June 2020

Bro STI bo hew Uncle DOW

COVID-19 Round 2 Happening in Jun 2020???

When FOMO buying sudden changed to PANIC selling!!!

U.S. stock futures were higher on Thursday night after growing worries of a resurgence in coronavirus cases sent equity prices plunging.

Dow Jones Industrial Average futures traded 105 points higher, or 0.4%. S&P 500 futures gained 0.4% while Nasdaq-100 futures advanced 0.3%.

The Dow, S&P 500 and Nasdaq all recorded their biggest one-day losses since mid-March, posting losses of at least 5.3%. Thursday’s declines put the major averages on pace for their biggest weekly losses since March 20, when they all dropped at least 12%.

Those losses came after data compiled by Johns Hopkins University showed the number of new coronavirus cases has risen in states like Arizona, South Carolina and Texas as they continue their reopening process. Still, Treasury Secretary Steven Mnuchin told CNBC’s Jim Cramer the U.S. can’t shut down the economy again.

Overall, more than 2 million coronavirus cases have been confirmed in the U.S. along with over 100,000 deaths.

Stocks had been ripping higher prior to this week, as investors cheered the prospects of the economy recovering as states and countries eases quarantine measures.

“We had gone straight up more than 30% without a real sell-off, so you’re due for one, and I don’t think it’s the worst thing in the world,” said JJ Kinahan, chief market strategist at TD Ameritrade. “As more states get back, the question becomes: Are they going to ramp up fast enough to please Wall Street? What you’re seeing is it’ll be hard to do that.”

Despite Thursday’s sell-off, the S&P 500 and Dow remained more than 37% above the intraday lows reached on March 23. Most of those gains have been driven by stocks that would benefit from the economy reopening, including airlines, cruise lines and retailers.

“Some of these stocks may have gotten ahead of their skis,” said Kinahan. “When you see some of the airlines being priced at the levels they were before this all started when they say they’re going to do 60% of their business just doesn’t make sense.”

American, Delta and United ended Thursday’s session down more than 20% each for the week while Southwest has lost 14%. Banks such as JPMorgan Chase, Citigroup, Wells Fargo and Bank of America — which have surged amid expectations of improving economic activity — are all down over 12% for the week.

Are you among those who are smiling now looking forward to deploy more rotting cash in near zero interest rate?


June 2020 is March 2020 in STI???

Thursday, 11 June 2020

STI Down by -3.4% to 2,704

From FOMO buying to Panic selling???

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