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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Monday, 27 February 2012

Sign of interest rate picking up???

Maybank iSavvy 12-months FD at 1.18% when I renewed this morning. Last year was at 0.88% if I remembered correctly.


  1. A sign of coming trouble in the place where it hurts the most i.e. home

  2. The banks have tighten the money supply recently escpecially to those who want to apply loan for micky mouse apartment.

    The bank deem these micky mouse apartment as risky asset; it will be hit hard during economy downturn as most of these apartments are for investment. Their value will drop sharply and bank may request for margin call.



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