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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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Wednesday 14 November 2012

DOW cliff is here!!!

12,756.18 Down 58.90(0.46%)

By: JeeYeon Park
CNBC.com Writer

Stocks End at 3-1/2 Month Lows, Led by Techs

Stocks accelerated their losses in the final hour of trading to finish near session lows Tuesday, dragged by techs and weighed by ongoing worries about efforts in Washington to resolve the looming "fiscal cliff."
The Dow Jones Industrial Average dropped 58.90 points, or 0.46 percent, to finish at 12,756.18, led by Microsoft [MSFT  27.0895    -0.9005  (-3.22%)   ] and Intel [INTC  20.28    -0.485  (-2.34%)   ]. Home Depot [HD  63.38    2.22  (+3.63%)   ] was the biggest blue-chip gainer, but the home improvement retailer still ended off its highs.
The S&P 500 declined 5.50 points, or 0.40 percent, to end at 1,374.53.
The Nasdaq fell 20.37 points, or 0.70 percent, to close at 2,883.89. The Nasdaq briefly dipped into correction territory, earlier in the session, falling 10 percent from its Sept. 21 high.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, ended above 16.

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