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!

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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

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Wednesday, 14 May 2014

Dow, S&P notch new records

NEW YORK: The Dow and S&P 500 on Tuesday edged to record closing highs for the second day in a row even as the Nasdaq fell on concerns technology stocks are overvalued.

The Dow Jones Industrial Average advanced 19.97 points (0.12 per cent) to 16,715.44, while the S&P 500 added 0.80 points (0.04 per cent) at 1,897.45 after breaching 1,900 for the first time.

But the Nasdaq Composite Index dropped 13.69 points (0.33 per cent) to 4,130.17.

The Nasdaq has underperformed the other two indices since early March on worries that tech-sector earnings will not live up to lofty expectations.


Posted by Createwealth8888 at 07:28
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3 comments:

  1. Createwealth888814 May 2014 at 07:29:00 GMT+8

    No emotional response from STI for today?

    ReplyDelete
  2. SmartPassiveCashFlow14 May 2014 at 07:45:00 GMT+8

    STI will give surprises again!!

    ReplyDelete
  3. Unknown14 May 2014 at 13:26:00 GMT+8

    Too much bubble in the stock market for my comfort.
    Beginning of the end?

    Regards,
    SG Wealth Builder
    www.sgwealthbuilder.com

    ReplyDelete

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