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.

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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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Value Investing
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Technical Analysis and Charting
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Sunday, 19 August 2007

FI trend update after dramatic sell down and recovery of STI

Portfolio value was really hit by the meltdown in the week. Approaching to cross the the safety line. Last Friday, I took drastic step to clear out those dead wood such as SPH, JTIL and swap for KEP, OCBC, and HSE.

Clearing of these dead wood has caused me big losses, but during meltdown it is also the right time to buy potential winners cheaply. Let see in a few months, whether such swapping strategy make sense?

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