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 23 March 2013

What is the Real Opportunity Cost of waiting for the next Great Robinson Sales in SGX???



Why wait for Great Robinson Sales in SGX?


When you can count money on quarterly basis

















 





























What is the Opportunity Cost of waiting for GRS?

Giving an example:



















Why Uncle8888 still think it is worth waiting for the next GRS in SGX?


Will history repeat itself?


His Top three holding in his Portfolio ...



 


















You may like to call it LUCK!!!

YES!

Of course, it is LUCK!


But, we can only get lucky until we attempt it!

It is same like ...

No buy ToTo???

How to strike ....





 

 
 

5 comments:

  1. Indeed it pays to invest the Right Stock for long term for capital gain. The critical success factor is enter when it on Fire sales.

    btw... instead of great Robinson sales, why not Great Singapore Sales?

    ReplyDelete
  2. Why Great Robinson Sales?

    I used to work in Orchard area.

    Some time, eng eng after lunch, went to Robinson walk walk, see see and note down the price tag.

    So I really knew what items on sales were real!

    ReplyDelete
    Replies
    1. haha... you defination on GRS and GSS (Investing Make Simple 2)..

      4.
      Do you love Great Singapore Sales? When STI downs -40%, it is good time for happy shoppers. Wow, so many things to buy on cheap hor.

      5.
      Do you love Singapore Closing Down Sales? When STI downs -50%, everything must go. Desperate selling!

      Delete
  3. Hey!

    I was working at Robinsons from the late 80s to early 90s after NS. I may have even served you before ;)

    I worked at the Looking Glass dept. We sell Swaroski crystals and Lladro figurines and other gift items.

    To me, Robinsons is Centrepoint (I never accepted Raffles Place; it's not the same). Once Robinsons move out of Centrepoint, a part of my past will become a memory - like so many other landmarks of my youth.

    I guess we need to move on... Progress they say...

    ReplyDelete
  4. you should talk more about your methodology in sticking to sembcorp ind or keppel so that you can help readers make the same decisions again and again.

    ReplyDelete

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