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

Sunday, 20 May 2012

Olam: The day I sold this pillow stock!

Read? More on Pillow Stocks strategy???

Flexibility is the hallmark of a successful long-term investor.

To be fully sold is important even though it is FOC!

Read? I have sold this pillow stock: Olam too

Read? Market news on Olam

The way Capital Group Companies, Inc. ("CGC") was selling Olam shares made me nervous too. Sometime, it is better to regret then to be sorry. We have to observe BBs' action in the market as they have direct access to the Mgmt and will definitely know their vested companies better. Small retail investors can only attend AGM and thinking that they will know much by asking a few questions here and there.



Posted by Createwealth8888 at 07:47
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1 comment:

  1. James20 May 2012 at 12:27:00 GMT+8

    Yep, credit to you for spotting the divestment by Capital Grp. All the commodities counters got hammered.

    But I believe this presents a great chance to buy in for a short-term gain. Just need to spot the temp bottom.

    ReplyDelete

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