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

Friday 25 October 2013

Stocks end near session highs, S&P 500 above 1750

By: | CNBC.com Stock Market Writer
                

Stocks recovered the previous day's losses to close higher Thursday, with the S&P 500 regaining its footing above 1,750, as Wall Street cheered a handful of upbeat earnings and encouraging economic data from China.

 The Dow and S&P 500 are on track for their third-straight winning week.

The Dow Jones Industrial Average soared 95.88 points to end at 15,509.21, boosted by Visa and Home Depot. The blue-chip index is within 1.5 percent from hitting its record high. The Dow has flip-flopped between gains and losses for nine-consecutive sessions.

The S&P 500 gained 5.69 points to close at 1,752.07. For the year, the S&P 500 is up a cool 20 percent. And the Nasdaq climbed 21.89 points to finish at 3,928.96.

Meanwhile, the CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, was parked in a range for most of the session near 13.




 

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