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, 8 November 2014

DBS : Market is falling in love again like in 2007???


Market is falling in love again like in 2007!

Is this time different?































Uncle8888's Third Mistress but not his most sexy one.



 Market may give him a second chance to do it differently. Will he?































Posted by Createwealth8888 at 09:01
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2 comments:

  1. Createwealth88888 November 2014 at 09:21:00 GMT+8


    CW8888: Something worth to remember for this time. The difference between Consumer Banker CEO vs. ex Investment Banker CEOs.



    Group CEO of DBS Bank Piyush Gupta said that his outlook for interest income over the next year is "relatively sanguine". "If rates go up by one per cent, we make about S$800 million to our bottom line, so we are very positively correlated to interest rate increases. So our ROE (return on equity) goes up by about a couple of percentage points if rates go up."
    ReplyDelete

    ReplyDelete
  2. SMK8 November 2014 at 16:20:00 GMT+8

    Looks like a good 3% takeaway lunch?

    No?

    ReplyDelete

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