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.

Think Investing as Tug of War - Read more? Click and scroll down



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

Wednesday 23 January 2013

DOW: Log 3-Day Rally. 13,712.21 Up 62.51(0.46%)






By: CNBC.com Writer





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Stocks reversed earlier losses to close higher for a third-straight session Tuesday, with the Dow and S&P 500 extending their recent multi-year gains, ahead of a busy week of corporate earnings and amid hope for a deal on the debt ceiling.


The Dow Jones Industrial Average gained 62.51 points, or 0.46 percent, to close at 13,712.21, led by UnitedHealth and Alcoa. The Dow is up more than 4.5 percent so far this month, on pace for the best January performance since 1997 when the index rose 5.7 percent.

The Dow Jones Transportation Average rallied to a historic high for the fifth-straight session, soaring more than 8 percent in January, largely boosted by airlines.

The S&P 500 climbed 6.58 points, or 0.44 percent, to finish at 1,492.56. The Nasdaq eked out a gain of 8.47 points, or 0.27 percent, to end at 3,143.18.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended unchanged around 12.
 Markets were closed Monday for Martin Luther King Day. On Friday, the Dow and S&P 500 climbed to finish the week at their highest levels since December 2007 and all three major averages logged their third-straight weekly gain.

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