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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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

Friday, 20 February 2009

STI closed at a new low 1,594.94 breaking Oct 08 low

STI closed a new low breaking the previous low at Oct 08.


While STI is slightly lower than the low of 1600 on 24 Oct 08; however, the portfolio value as of today closing is 19% higher than the value at the closing on 24 Oct 08.

Why leh? Let me think through .......

Oh. Since 24 Oct 08, I have been re-balancing, swapping counters to diversify or replacing "dead" counters in the portfolio, and it is showing some positive results.

So be brave and control your emotion over losses. During the time of market depression, it will also present you with better opportunity for you to re-balance, swapping counters to diversify or replacing "dead" counters in the portfolio at current reasonable price level.
Posted by Createwealth8888 at 18:45
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