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

Saturday, 5 January 2013

The sun rose for Keppel - in a sunset industry!

Just For Thinking ...

Money, Saturday, January 5, 2013. ST

When things looked bleak in 1980s, shipyard carved itself a niche.

Mr Choo recalled: "In the 1980s, the Singapore environment for shipyards was very bad. We were told that the shipyard business is a sunset industry. "But, I told our guys the sun sets, the sun also rises. Two-thirds of the earth's surface is still covered by ocean."

Keppel made a conscious effort to crave a niche.

Mr Choo said: "You must choose battles that you can win." That's why we don't build tankers, bulk carriers and container ships. There, the Chinese and Koreans will eat our lunch. We choose rigs, FPSOs, specialised vessels, repair and conversion." (Createwealth8888: Chinese and Korean yards are moving up to eat Keppel's lunch. We should be watching closely on Keppel next move - those first of its kind innovative ideas and initiatives. Currently, market worry over Kep Corp is Margin Squeeze!)

Createwealth8888's Three Children University Fund

Read? Just a few multi-baggers may be enough for your kid's university fund

Read? Funding Your Child’s University in the Future? - Updated for fourth year

With 94 rounds of profit taking on Kep Corp and 11 years of accumulated dividends and another 7 years (for his third child to complete 4-year uni course) of collecting dividends at current dividend payout will be more than enough for his three children's University Fund.


Moral of the Story

Like Mr Choo said: "You must choose battles that you can win."

Like Larry Williams said: "Your fortune will come from your focus - focus on one market or one technique."

Somehow, Createwealth8888 has managed to stay focus and keep hammering the same old stock again and again.

Choosing the battles that he can win and staying focus on one technique???

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