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

Sunday 31 December 2006

In the name of security

Most of us are so enamoured of the idea of security that, even when we are unhappy with our jobs, we will stay with them, day after day and year after year.

The truth is that staying in situations which are unsatisfying only increases our sense of insecurity.

We begin to feel there is no other choice but to sell our souls in the name of security.

Quote from Robert Kiyosaki's book, If You Want To Be Rich & Happy

Wednesday 27 December 2006

Financially, there are three classes of people. The rich are those who play to win. The middle class plays not to lose.

For the middle class, financial security is more important than financial opportunity. Ironically, today there's far more financial opportunity than financial security, yet the middle class still seeks security.

The third group, of course, is the poor, who often work very hard yet have lost the spirit to compete in the world of money. Without spirit, it's tough to win financially, even in the richest country in the world.

Why the Rich Get Richer
by Robert Kiyosaki

Kep Corp - Accumulate more

Kep Corp came under selling pressure for the past few trading days. There will be time when fundamentally strong stock got sold down and there are many reasons why investors sell these stocks such as better investment elsewhere, rebalancing their portfolio or balancing book account.

Bought more Kep Corp @ 17.7 today in view of ease in selling pressure and good news from Semb Marine on new contract win. Expecting good FY06 result in end Jan 07 and better dividend and capital distribution like the past few years to move price towards $19.0

Friday 22 December 2006

false sense of financial security?

Staying employed may give us a false sense of financial security and we do not realise that being employable is uncertain as we age. We are likely to be the one to be retrenched and will start getting concerned whether we could then support our kids through university and have enough food and shelter over their heads. Some of us may already have witnessed some senior colleagues being sent off.

We need to have other source of passive income while currently being employed and working towards the goal of staying employed as an option and we are ready to be sent off when it comes.

Investing is one way to achieve this goal but it requires us to put in fair amount of effort and time to acquire knowledge, skill and discipline to accumulate wealth. We could start with any amount of capital and slowly add more capital as year passes by and through prudent investing to reach our goal.

Two good books to read: "Rich Dad, Poor" and "Secrets Of Self-Made Millionaires ". It teaches us how to accumulate wealth to achieve financial independence

Wednesday 20 December 2006

Market panic

Sold CDL @ 12.3 Bought @ 12.o ROC 1.8% in 20 days. Bought SCI @ 3.74 and KEP @ 17.8 expecting market rebound.

Good news on Kep Corp so it will RUN liao!!!!

Keppel breaks into decommissioning market with EUR140 million contract to build the world’s first concrete heavy lifter
Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary in The Netherlands, Keppel Verolme BV has secured a EUR140 million contract to build a floating heavy lifter for the decommissioning of offshore structures. The contract caters for additional work on the vessel, which if awarded, may potentially increase the contract value by another EUR24 million. This innovative first-in-the-world heavy lifter of its class was awarded by MPU Offshore Lift ASA (MPU), a subsidiary of the Norwegian design and development company MPU Enterprise AS. This semisubmersible platform is expected to be completed by early 2009.

Monday 18 December 2006

Contra trades Kep Corp & CDL

Contra Kep Corp @ 18.2 ROC 3.9% and CDL @ 12.4 ROC 5.2%. I love contra trades so I could retain my capital to fight another battle.

Wednesday 13 December 2006

Kep Corp and CDL

Enter CDL @ 11.7 (Support level) and Kep Corp @ 17.4 (Support level)

Monday 4 December 2006


Hit trailing stop @ 1.25. Exit at ROC 19.3% in 105 days
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