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
Using cash to buy back. Return To CPF and not Return Our CPF. LOL!
ReplyDeleteQuote: Total Return: 283% over 12 years or 11.8% CAGR!
ReplyDeleteSo, you beat the hell of CPF 2.5% return. Clap X3
Just an observation:
DeleteRound 19. It went up the up to $18 in 2007 before crashed down to $7 in 2009.
It means you are back to square one after 5 years holding. You could exit in 2007 with 140% profit but it not happen.
Lucky you have a chance to exit in 2015 with 178% profit.
So your "no cut loss" strategy works for you. You must have endure the pain to see your profit vaporise in 2009 and have patient to let it turn around again. Heng ah!
Second chance. Hope for third chance to be lucky.
Delete:-)
ReplyDeleteThank you Sir
ReplyDeleteTha's an expensive live sharing
Thank you Sir
ReplyDeleteTha's an expensive live sharing
Uncle.
ReplyDeleteBought so early?
Haha. I no money buy. Too expensive
Why expensive? Why no money?
ReplyDeleteGo and open an SCB account and afford 100 shares of DBS. Where expensive?
Aiya. I normally buy 1 lot each time mah
ReplyDeleteWhy 100 shares not normal?
DeleteWowow....did not realise DBS was 27 in 1999. Imagine long term investing in 1999 until today....still losses?
ReplyDeleteLost to inflation!
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