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.

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

Monday, 5 December 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (20)

Monday, 12 September 2022

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (19)

Wah! Santa Rally in STI?

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% , 214% , 215% and 216%!

Panda is back to dancing and smiling again in local SGX! Shiok!





Sunday, 4 December 2022

SML - Unexpected Touchstone From Temasek Right Issue! (2)

Read? SML - Unexpected Touchstone From Temasek Right Issue!

From Sianz to Smile as of now!

Read? You Are Stupid To Lose Money In Your O & G Investment! Blame Yourself For Stupidity!

The Past. The Present and The Future!

When investing over decades in the stock market; our Present is the outcome of our Past. The Present is NOT our Future. We have to keep learning, revising and refining our investing strategies.








Saturday, 3 December 2022

FI or FIRE? What Next? What Other FIRE Bloggers May Have Not Mentioned These (2)

Read?   Why Pursue Financial Freedom? (6) - Refresh!

Read?  FI or FIRE? What Next? What Other FIRE Bloggers May Have Not Mentioned These

Read? You think it is so easy to retire early???

FIRE is more than just financial readiness or financial independence! We will need solid reasons or meaningful objectives to retire early. Uncle8888's block has two early retirees but they didn't called themselves Stay-at-home-dad. Women who early retired are more likely to label themselves as housewives or stay-at-home-mum. See the gender inequality or difference. LOL!

Uncle8888 just came across another case of FIRE and then back to office. It shows that early retirement is NOT that easy. It is always more than just financial means to FIRE!

Case 6 is an interesting one as he is Trainer for Early Retirement Masterclass!

Never mind! We can always FIRE and then De-FIRE after that! LOL!








Thursday, 1 December 2022

Update For Kep Corp Round 95

Thursday, 16 October 2014

Read Kep Corp : Bought @ $9.64 for Round 95

Finally after 8 years of sucking bitter Panadols to ease heartache; Round 95 has breakeven!

Trading and investing is all about market timing on our entries and exits. Got that timing wrong! Suck Panadols!

Buy back is also NOT easy!

If you have been into investing forums; you will often read that someone will shout take profits and buy back later! 

Buy back later can also get us into deep shit and suck Panadols!



Wednesday, 30 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (3)

Read? Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (2)

CW8888: Post O&M, Kep Corp is more like an income stock with its Vision 2030 and that is good for Uncle8888's retirement income portfolio. :-)

Pre-EGM Virtual Dialogue Session for Retail Shareholders hosted by SIAS 







Tuesday, 29 November 2022

Here’s How Much You’d End Up with If You Had Invested S$7,530 in DBS During 2003 SARS Period Two Decades Ago

Read? Here’s How Much You’d End Up with If You Had Invested S$20,000 in UOB a Decade Ago

Last year, we conducted such a thought experiment with Singapore’s largest bank, DBS Group (SGX: D05).

We showed that S$10,000 invested in a reputable bank would have garnered you S$25,688 in a decade.

This is NOT a thought experiment; but Real People and True Stories on DBS!

Uncle8888 invested S$7,530 in DBS and made S$43,130 in two decades or 573% ROC! 

Total dividends accumulated over 20 years is S$15,710 or 209% ROC; and it is kept safely in CPF OA earning 2.5% interests P.A. No compounding return. It is just holding on to DBS as Yield Hog over 20 years!

Real People and True Stories on DBS

Read? On why sound investing principles will always work??? (2)

Read? DBS - Time in the market or Timing the Market?

One Trainer Guru shouted DBS down to $6! LOL!

Read? DBS : ONE STEP CLOSER TO SGD 6.00























Friday, 25 November 2022

Sunday, 20 November 2022

Investment Scams and Frauds. Any difference? Just Repeating In New Forms!

Read? Police warn of fake website claiming to help FTX investors withdraw crypto funds

Any difference?

According to the police, the fake website is supposedly hosted by the US Department of Justice and prompts FTX customers to log in to the website with their account details.

It would then claim that customers "would be able to withdraw their funds after paying legal fees".

Real People. Real Losses

CW8888: Time-sharing scam; one ex-colleague lost money his money. One agency stepped in and called for a meeting for investors to put up $5K each and collectively the agency would have enough fund to fight the case and retrieve some lost money. 

The Agency subsequently also disappeared.

Beware! There are scammers looking for a kill and scavengers looking for your dead bodies too.

Read? People are gullible to believe whatever’s told to them': Inside the mind of an ex-scammer

Luna and FTX. Juicy yield!

Read? Better safe than sorry: Resist urge to invest in too-good-to-be-true schemes

Real People. Real Losses

CW8888: Oilpods scam; one ex-colleage's spouse, siblings and close relatives all die together!









Building A Resilience Or Antifragile For Retirement Income? Does It Really Matter?

Read? What Is Anti-Fragility?

Hmm ... Did Uncle8888 build a resilience or antifragile investment portfolio over 23 years as Panda/Koala in Singapore local stock?

Does it really matters?

Resilience or antifragile?

Anti-fragility goes beyond robustness; it means that something does not merely withstand a shock but actually improves because of it.

Hmm ... it looks like we have to build a resilience investment portfolio first and then we have decent level of war chest across market cycle to withstand a bear shock and deploy war chest and keep improving the robustness of our portfolio for next cycles. Tio bo?



Saturday, 12 November 2022

Chopped Off Fingers Liao!

Read? FTX: The Straw That Broke The Camel’s Back

Quote : "I am probably down a year’s income for crypto and half that for HK stocks. These are my biggest paper losses to date and I can finally appreciate why older folks talk about “chopping off fingers” and never touching the stock markets again."

We need to go through ourselves through those moments of chopped finger and never again!

Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???

Do we often ask themselves on  Where does the money come from??? (4) on our winning positions and especially huge gains?






Friday, 11 November 2022

DBS XD Gap Up By 62 cts! Dividend $0.36

 How to predict Mr Market's action?

Closed the day before XD $34.18; Uncle8888 thought he will be sucking bitter Panadol again on XD. It will gap down and falls farther!







Tuesday, 8 November 2022

CPF OA for T-Bill 4.1%! That 1.5% Dilemma Again!

Read? Young CPF Members Should You Transfer CPF OA TO SA For additional 1.5% Compounding Interests Over Next Few Decades?

In Uncle888's investment kakis Whatapps group; more than half of them have already applied for T-Bills using CPF OA/SRS!

That 1.5% dilemma in CPF OA again or this was due to Caught that Fat Rabbits syndrome in 2001, 2002 and 2003!  LOL!

Read? Is STI nearer or farther away from 1200?




Sunday, 6 November 2022

Following someone investing idea? (2) - Refresh!

Read? Following someone investing idea? (2)

"When you see your favourite blogger bought something e.g. a few bunches of banana and that doesn't mean it is a good time for you to buy a few banana too.

Your favourite blogger may be a 800 pounds Gorilla sitting on high level of cash and gobbling up a few bunches of banana here and there is not going to cause any problem.

But, to a small Monkey on low cash level is different. Just eating up one bunch of banana may cause indigestion if got it wrong. In the stock market, small Monkey can't behave like giant Gorilla."

Real happening in ex-famous cbox where most of the monkeys in that cbox were feeling down due to lack of bullets to hoot more in 2009. This Gorilla-cboxer kept buying and buying.  When the market and economy finally recovered; he showed us his 6 digits passive income! LOL!

Uncle8888 personally learnt this real life lesson about investing in the stock market on the ground! LOL!

Read? Does Your Account Size Matter? - Part 3 














Friday, 4 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105

Read? 19.1 SML in specie from Kep Corp. Is this time different from SCI?

Read? Kep Corp : Bought @ $7.02 for Round 105

Uncle8888's Maths vs Kep Corp Sellers.  Did he miss out something that Mr Market know about it?

Lesson learnt from SCI for not adding new positions for SCI's SML in specie! LOL!

Is this time any difference?

Kep Corp TA @  and SML back to its 52WL @ 0.081 

What is his chance of losing money on Round 104 and 105?











Saturday, 29 October 2022

SML : Anymore kpkb selling on unfair distribution???

 Countdown to Dec Xmas present from Kep Corp!



Friday, 28 October 2022

No STI Crash In Sep/Oct 2022

 




19.1 SML in specie from Kep Corp. Is this time different from SCI?

Read? Sembcorp Ind + 4.9 SML in specie Is Greater Than Sum of parts for Semcorp Ind with 61% SML holding ???

That time SCI was holding bloody smelly oily SML so Mr Market was happy that SCI has let go that bloody baby!

At today closing

SCI + 4.911 SML = $2.23 + 4.911 X $0.2 = $3.21

To those who are still holding smelly SML and green SCI by sucking Panadols; probably the worst is over!

This time SML not so smelly! 

How different this time with Kep Corp?

Kep Corp + 19.1 SML = ??? How big will be XMAS present from Keppel in Dec?

52WH is $7.54!



Friday, 21 October 2022

STI - How Low Can It Go?

How low will this round of Fear in 2022 causing more selling? Stocks are rotting!

Omicron 2021 or COVID-19 2020?







Sunday, 16 October 2022

Winning The Loser's Game (4)

Read? Winning The Loser's Game (3)

After 23 years across market cycles; it is still the same old Game of Capital of trying to win the Loser's Game and still not much better in winning this Loser's Game on based on Win$/Loss$ ratio! Sianz!






Saturday, 15 October 2022

Recession in 2023 and illusion of wealth from ATH in the stock market; but real investment income for retirees if cashed out from investment portfolio!







Experts keep warnings on recession coming so Uncle8888 is expecting some dividends cut in 2023! 

Another hard time for retirees depending on investment income. Sianz!






















Thursday, 13 October 2022

STI breaking down to 2,960??

 


Sunday, 2 October 2022

STI Market Cycles Since 1987

Oct 22 STI crashes and bottom out?

Past data points can be used as a guide to do some betting or speculating?










Saturday, 1 October 2022

Dow tumbles 500 points on Friday to end September down nearly 9%

Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the S&P 500 to a new 2022 low.

The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62.

Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020.

Friday marked the last day of the month and the third quarter. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.

Let see any panic from Panda/Koala on Monday to begin Oct!






Friday, 30 September 2022

STI Entering Bear Market Soon??? (2)

Read? STI Entering Bear Market Soon???

Sep is over. Oct crash? 

Market takes Big Steps down; but climbs back up in small steps! Bo pian!




Wednesday, 28 September 2022

Monday, 26 September 2022

Kep Corp : Bought @ $7.02 for Round 105

Read? Kep Corp : Bought @ $7.28 for Round 104

Buy back for Round 102 @ $6.57 completed!


Saturday, 24 September 2022

How to know you have achieved Mastery? (2)

Read? How to know you have achieved Mastery?

Bear coming to DOW on Monday?

Bear also coming to STI after that?

Uncle8888's war plan to hoot the new Bear!




















Dow drops nearly 500 points to close at new low for 2022 on rising recession fears

Stocks tumbled Friday to cap a brutal week for financial markets, as surging interest rates and foreign currency turmoil heightened fears of a global recession.

The Dow Jones Industrial Average tumbled 486.27 points, or 1.62%, to 29,590.41. The S&P 500 slid 1.72% to 3,693.23, while the Nasdaq Composite dropped 1.8% to 10,867.93.

The Dow notched a new low for the year and closed below 30,000 for the first time since June 17. The 30-stock index ended the day 19.9% below an intraday record, flirting with bear market territory. At one point, the Dow was down more than 826 points.

Wah! New low in 2022 for DOW!

Let see how STI reacts on Monday!



Wednesday, 21 September 2022

Diminishing Bear Market Impact To My Portfolio As Retiree (Year 7)

Read? After Point X.....

Uncle8888 finally realized this - with each passing year as retiree who cashed out 100% of dividends received and any realized capital gains to fund household expenses; there will be diminishing bear market impact to his portfolio! No BS!

1. 100% of dividends received and any realized capital gains.

2. Just recycle any recovered investment costs into his War Chest to fight the next pull back, correctio or market crash to calibrate investment income.

A few more years; it will become freehold investment income for life! Best in Singapore SGX! LOL!





Saturday, 17 September 2022

Kep Corp - Fishy Closing On Friday (16 Sep 22)

Kep Corp has completed its $500M share buyback program. The last share buyback was on 13 Sep 22.

A spike in closing price from 7.23 at 16:59 to 7.31 at 17:04 and then closed at 7.31 with 77% of total day volume!

This huge last minute buy up was not supported by Kep Corp share buyback program and also disappearance of sellers below 7.31. Who are these buyers at closing? Interesting reference for next week market actions.







Friday, 16 September 2022

Kep Corp : Bought @ $7.28 for Round 104

Read?  Kep Corp: Round 102-2 (100%) Sold $7.35

Replay towards 52WH @ 7.54!



Wednesday, 14 September 2022

What you will never hear at any investment seminars? (2)

Read? What you will never hear at any investment seminars?

Read? Compounding Investment Return Pornography???











Stock futures inch higher after major averages suffer worst day since June 2020

 Walau! Let see how STI react today! Income investors in SGX also panic???

Stock futures inched slightly higher in overnight trading Tuesday after another hot inflation reading sent the major averages tumbling to their worst day since June 2020 and dampened investors’ expectations of a less hawkish Federal Reserve.

Futures tied to the Dow Industrial Average last added 68 points, or 0.22%, while S&P 500 futures and Nasdaq 100 futures each inched about 0.2% higher.

During Tuesday’s regular trading session the Dow sank 1,276.37 points, or 3.94%, to close at 31,104.97, while the S&P 500 slid 4.32% to 3,932.69. The Nasdaq Composite toppled 5.16% to 11,633.57. All the major averages broke a four-day winning streak.

The market moves came after August’s consumer price index report showed headline inflation rose 0.1% on a monthly basis despite a drop in gas prices.

The hot inflation report left questions over whether stocks could go back to their June lows or fall even further. It also spurred some fears that the Federal Reserve could potentially hike even higher than the 75 basis points markets are pricing in.

“It caught the market off guard,” said LPL Financial’s Quincy Krosby. “The market had been expecting at least that we had leveled off — perhaps not moving downward but certainly not climbing higher. It was the wrong direction and the concern, of course, is always translated into what does this mean for the Fed.”

All 30 Dow stocks and S&P 500 sectors finished the session lower, led to the downside by communications services. The sector fell 5.6% and finished its worst day since February, dragged down by shares of big technology names like Netflix and Meta Platforms, which tumbled about 7.8% and 9.4%, respectively.

A reading of the producer price index is due out Wednesday morning and could offer further clues into the state of inflation before the Fed’s rate-hike meeting








Monday, 12 September 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (19)

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (18)

Walau! Party music is still strong! Shiok!

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% , 214% and 215%!




Thursday, 8 September 2022

Singtel

 


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