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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Saturday 11 October 2014

History repeat itself. Oct 2014 Market Crash??? (2)


Read? History repeat itself. Oct 2014 Market Crash???

[NEW YORK] The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry.

The S&P closed at its lowest level since late May and right at its 200-day moving average, a key technical indicator it has not breached since late 2012. The moving average also coincides with an intraday low hit early in August.

The week's selloff had various catalysts, analysts said, though none were new to the market. Some pinned the slide to concern about the Federal Reserve's imminent ending of its asset purchases stimulus, as well as worries about weak economic growth, especially in Europe, and its effect on US earnings.

Underscoring the headwind that Europe is becoming for economic growth, Standard & Poor's on Friday lowered France's credit outlook. The negative action comes after a week of weak data out of Germany, the continent's largest economy.


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