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

Monday 29 February 2016

You Want to Invest Like Warren Buffet?


You have to measure your investing performance over decades.

Can you?

STI : What They Say vs. CW8888's regular STI update.

Sunday 28 February 2016

Our Value Of Time?

Never mind the travelling and the queue at JB; we just pop over to JB to satisfy that missing meal after sometime ...

Happy can liao!

RM 89.10 with GST

China's loan to Petrobras may help pay most 2016 debt

[RIO DE JANEIRO] China's loan to Brazil's Petrobras announced Friday is for US$5 billion to US$10 billion and can be paid in cash or oil at China's request, and may help pay the bulk of the US$12 billion in debt the state-run oil company must pay this year, a source involved in debt talks told Reuters late Friday.

The loan from the China Development Bank was first agreed to in early 2015, and when added to a US$5 billion CDB loan made in 2009, increases the bank's debt exposure to Petroleo Brasileiro SA as Petrobras is formally known, to as much as US$15 billion, the source said.

Petrobras, the world's most indebted oil company, said in a securities filing earlier on Friday that the agreement included supplying Chinese companies with fuel, similar to a deal reached in 2009.

Under that deal Brazil guaranteed the supply of 200,000 barrels of oil a day to China's state oil firm Sinopec for the next 10 years.

Warren Buffet: His Last 51 Years Investment Perfomance!

To the Shareholders of Berkshire Hathaway Inc.:

Berkshire’s gain in net worth during 2015 was $15.4 billion, which increased the per-share book value of both our Class A and Class B stock by 6.4%. Over the last 51 years (that is, since present management took over), per-share book value has grown from $19 to $155,501, a rate of 19.2% compounded annually.*
CW8888: The current world's No 1 also has his UP and DOWN but over number of decades is a very stable number of 19.2% down from 2014 of 19.4%



Saturday 27 February 2016

Buy And Hold For Yield?

Investing over decades; it is more about our own personal  experience and how good we feel about our own investing achievement over the past decades.

The rest of stuff we read in the cyber world are nothing more than many writers writing about nice concepts and theories in investing that we should be doing this or that!

Are these writers also actual players on the ground?

How many of them really are real players on the ground playing hard ball themselves?

The Fact

Most of us after many years of investing, we should have already know most of these theories and concept of investing on how to achieve good return.

It is mostly the execution and performance of these executions that many of us are lacking.

Many will have nothing much to shout on their multi years CAGR on their investment portfolio as it is not double digit year-on-year compounding INVESTMENT return.

Uncle8888 has just read someone writing about Buy-And-Hold for yield is suck!

Let him check on his Top 3 and long holding years just for yield.

How suck can it be?

Investing over decades; it is more about our own personal  experience and how good we feel about our own investing achievement over the past decades.


Friday 26 February 2016

Median household income at S$8,666

SINGAPORE: Households across all income groups earned more last year, with those in the lowest 30 per cent and top 10 per cent seeing the fastest real income growth, according to official data released on Friday (Feb 26).

Based on the Department of Statistics' annual Key Household Income Trends survey, the median household income from work rose to S$8,666 last year, up S$374 from S$8,292 in 2014. This is an increase of 4.5 per cent in nominal terms, or an increase of 4.9 per cent in real terms, after accounting for inflation.

Household income from work includes employer Central Provident Fund contributions.
From 2010 to 2015, the median monthly household income from work of resident employed households rose by 20.4 per cent cumulatively, or 3.8 per cent per annum in real terms, Singstat said in a press release on Friday (Feb 26).

Median monthly household income from work over the last five years. (Infographic: Singapore Department of Statistics)

Taking household size into account, median monthly household income from work per household member rose 5 per cent in nominal terms, or 5.4 per cent in real terms.

This increase came about amid a tight labour market, as well as an increase in the employer CPF contribution rates in 2015.

Speaking to Channel News Asia, Standard Chartered Singapore economist Jeff Ng said it was "positive" that household income growth outperformed GDP growth, which came in at 2 per cent for 2015.
Noting that household income growth was also boosted by government measures, such as the pioneer generation package, Mr Ng said: "Going forward I think further household income growth will rely on productivity growth."

CIMB Private Banking economist Song Seng Wun said that while Singapore's income growth will slow in tandem with a slowing global economy, it is likely to "continue growing at levels above annual GDP growth".

CW8888: How much do we need to retire at present passive income level in Singapore to live like the next person on our left or right?

It is about $2,500 per retiree in our household and about $5K for Uncle8888 and his spouse.

Thursday 25 February 2016

No Big Number To Blow Off Mind!

One colleague was saying Uncle8888 is the "Guru" now so retired can go and give investment talk.

Chun bo?

But, no big number to blow off mind. Can meh?

With his fixed investing capital since Jan 2000; and still struggling to make his investing ends meet.

Knowing his monthly household expenses for
family members of 5 since Jan 2002

and then working out annual household expenses and
finding out the highest since 2002

and then struggling year on year
to make his investing ends meet.
No big number to blow off mind!

Wednesday 24 February 2016


Unfortunately some don't need to be old. It won't matter once they are seriously sick. They may not have any chance to come back as  their peers have overtaken them.  That is why when we are well, strong and healthy; we will have to learn another lifelong skills like investing, etc.

The Story of the Horse Farmer

This farmer had only one horse, and one day the horse ran away.

The neighbors came to condole over his terrible loss. The farmer said, "What makes you think it is so terrible?"

A month later, the horse came home--this time bringing with her two beautiful wild horses. The neighbors became excited at the farmer's good fortune. Such lovely strong horses! The farmer said,

"What makes you think this is good fortune?"

The farmer's son was thrown from one of the wild horses and broke his leg. All the neighbors were very distressed. Such bad luck! The farmer said,

"What makes you think it is bad?"

A war came, and every able-bodied man was conscripted and sent into battle. Only the farmer's son, because he had a broken leg, remained. The neighbors congratulated the farmer.

"What makes you think this is good?" said the farmer.

CW8888: Our investing journey is no different from the above story. How do we know how we will end up or quit this investing game?

Read? Star Investor

The secret to a great retirement?

Singapore Business Review 

Read? The secret to a great retirement?

Portfolios need to be more diversified.

Singaporean investors are too reliant on cash savings to meet their retirement needs. However, a survey by multinational investment corporation Blackrock revealed that this fondness for cash might be the reason why Singaporean investors are failing to meet their targeted returns.

The Global Investor Pulse Survey showed that the average actual cash holding in Singapore is 48%, compared to the ideal cash holding of 36%. Meanwhile, the target annual returns on all savings and investments stands at an ambitious 8.4%.

Such reliance on cash is likely to continue into retirement, with a significant proportion of Singaporeans (38%) planning to hold their savings in cash upon retirement.

“There is a significant gap between current holdings and financial goals, which makes it even more challenging for Singaporeans to generate their target annual investment returns of 8.4%,” said Kevin Hardy, Country Head of Blackrock Singapore.

Additionally, saving money is ranked by 53% of Singaporeans as their top financial priority over growing wealth (50%). Allocation to other asset classes includes equities (18%), property (8%), bonds (5%) and alternatives (3%).

Such reliance on cash is likely to continue into retirement, with a significant proportion of Singaporeans (38%) planning to hold their savings in cash upon retirement.

“With a longer lifespan and rising cost of living, more needs to be done to make savings last through retirement,” Hardy noted.

CPF OA Interests and Dividends (2)

Read? CPF OA Interests and Dividends

Bond as asset allocation?

Why bonds?

Uncle8888 has zero bonds.

In Singapore, we have CPF OA and CPF SA; they are Bond-like.

He still maintains his CPFIS account for simple reason.

When stock market is too bearish; he will swap some CPF OA interests for dividends and when stock market is too bullish he will swap dividends to CPF OA interests.

Counting interests is no stress!

Better to count interests most of the time! Hee Hee!

Tuesday 23 February 2016

CPF OA Interests and Dividends

Uncle8888 met this ex-colleague who has retired two years ahead of him and chatted for a while. He funded his retirement income from his CPF OA interests only and dividends.

For CPF SA, he just leave it to compound @ 4% p.a. for future funding.

Now, who hate CPF?

Bad loans in S’pore will hit financial crisis levels, lawyers say

Read? Bad loans in S’pore will hit financial crisis levels, lawyers say

Sunday 21 February 2016

Where Does The Money In The Stock Market Come From? (Time for a fresh as it is timeless!)

Some folks however good at their analysis still don't get it.

Monday, 18 January 2010

Read? Where Does The Money In The Stock Market Come From?

The Last Two Financial Goals! Long Journey of 40 Years!

Jog To Waterway Point (2)

Read? Jog To Waterway Point

Uncle8888 is adding this as his 3rd jogging route after Punggol Jetty Point and Coney Island route.

Waterway Point is kids friendly mall. With large open space that is big enough for kids to run about!

Saturday 20 February 2016

Importance of 'Action Replays' - Evaluating your investments

Read? Importance of 'Action Replays' - Evaluating your investments


Happy chinese new year.
What is this mean?

"Another thing he learned that busyness in the stock market may not really build wealth. Taking and giving back will end up nowhere!"

Book : Tell Me the Truth: Conversations with my patients about life and death

'Cancer patients put up with the most and complain the least, endowed with an uncommon wisdom that is a privilege to observe. It is not simply that they see the big picture; if you spend long enough with them, they help you see it too.'

Oncologist Ranjana Srivastava, working in one of Australia's busiest hospitals, is constantly present at the moments that change people's lives forever: when they are told they have cancer. As her patients face this hardest of truths, Dr Srivastava  is privileged and humbled to see the wisdom and clarity with which they bear their illness. Here she allows us to witness the intimacies of the world of medicine and shares the unexpected truths that she has learned about what is genuinely important.

Tell Me the Truth is an acknowledgement of the incredible courage of ordinary people as they confront the big issues of life and death.

CW8888: See the underlines in Red


The Last Major Contribution to Net Worth and then into the Land of Distribution of Wealth!

Read? My Long Term Personal Financial Goal - Self-insured Fund by 60!!! (3)

The last major contribution to CW8888's Net Worth coming from the maturity of 20-year Endowment life policy and then he will be stepping into Land of Distribution of Wealth.

It is where sustainability of retirement income for life is the main focus going forward and of course, the investing strategies will be different!

Thursday 18 February 2016

Group ToTo for $13.9M

Uncle8888's highest ToTo winning prize money so far is just $50 so he has no choice but to form Fellowship with other known lucky winners in his office who have won big prize before.

The Cai Shen in various office !


Wednesday 17 February 2016

Damn Boring Way Of Collecting Some Money From The Stock Market!

Sembcorp FY2015 Net Profit at S$548.9 million

FY2015 Highlights
  • Group net profit at S$548.9 million. Performance affected by Sembcorp Marine
  • Utilities business performs well. Overseas growth strategy remains on track
    Net profit up 72% underpinned by overseas growth and divestment gains
    More than 3,000 megawatts of new thermal and renewable energy projects secured in 2015 to expand income base
  • Final dividend of 6.0 cents per share proposed, bringing total dividend to 11.0 cents
CW8888: Expecting full year dividends of 5+5 = 10. Okay lah. It is 11 cts!

Why Not OCBC?


why u dun try ocbc..ocbc is good too:)

CW8888: Why not OCBC?

Past result of Entries/Exits for OCBC.

Round 5: ROC +1.6%, 3 days, B $8.70 S $8.90
Round 4: ROC +5.1%, 35 days, B $8.40 S $8.90
Round 3: ROC +0.5%, 5 days, B $8.55 S $8.65
Round 2: ROC +5.5%, 6 days, B $7.95 S $8.45
Round 1: ROC +1.7%, 6 days, B $8.40 S $8.60

Less Analyzing. More Investing - CW8888

It is about winning the War and not about the Battles!

For obvious reason. Right?

Why not

Tuesday 16 February 2016

Have Multi-baggers Sure Huat??? (2)

Read? Have Multi-baggers Sure Huat???

Rounds after Rounds: Sell and Buy back!

Read? DBS Round 21

Recent real examples of buy back illustrations.

Uncle8888 will sit on it to collect dividends while waiting to sell again to take back his capital and some profit for the next round.

Just wait for the next opportunity!

Do we call this sort of activity trading or investing?

STI : Mr. Bear Balek Kumpung???

Monday 15 February 2016

My Long Term Personal Financial Goal - Self-insured Fund by 60!!! (3)

Read? My Long Term Personal Financial Goal - Self-insured Fund by 60!!! (2)

Today, Uncle88888 has received the Letter informing him of the final amount that he will be receiving on 6 Mar 2016.

XIRR over 20 years is 2.9%

Okay lah. Better than CPF OA!


CW8888:  So true! Even better for those who don't expect return in any kind!



我當時根本就沒有任何的辦法! 就在銀行期限只剩下兩個禮拜的時候,有一間經紀公司的老闆要...和我簽約,簽完約之後,我跟他說:「我馬上要破產了,老闆! 你能不能幫我渡過這個難關? 我沒錢付貸款了。」然後...他二話不說開了一張支票給我!




Sunday 14 February 2016

Book : The Next Apple

Jog To Waterway Point

Read?No More Haze. Time to resume night jog along Punggol Waterway!

Today, Uncle8888 has decided to turn left instead of heading to Punggol Point and jogged along Punggol Waterway. It has been long time since he last jogged along this waterway. Now, those buildings along the Punggol Waterway have been completed.

First time ever, Uncle8888 has entered shopping mall in his sweaty and wet T-shirt and short. LOL!

Have Multi-baggers Sure Huat???

Hmm... so how many out of how many bought turned out to be multi-baggers? Just curious.
Okay. This is a simple question and the simple answer is 3.
But, on deeper thought, it is not the exactly right answer to this simple question. Why?
The stock market is cyclic so our multi-baggers are likely to be cyclic too.
See for yourself! What do you think after seeing them?

So, to really made real good money from the cyclic stock market we will require more than having multi-baggers. We will need to have higher yield when holding these multi-bagger over long run to compensate us for such holding.
See this table. What did you see?
Once we understand that the stock market is cyclic so will be our multi-baggers. We will need to profit from this cyclic nature of the stock market, we will need to do something that true retail value investors will hate to do; but non value investor like Uncle8888 will have no problem doing it. LOL!
Rounds after Rounds: Sell and Buy back!
With the three elements of capital appreciation, dividends, and realized gains, we should be able to ride and make real good money from future cyclic market.
Get the right answer to this simple question?


STI Major Points Since 1990

The Velocity of Drop over Bear Days is getting scary!

SembCorp Ind: The Past & The Present. How about The Future?

The Stock Market may NOT be for you!

Looking at the Number especially on Percentage drop. It is then bloody scary!

It will scare the shit of us!

Saturday 13 February 2016


Less Analyzing. More Investing - CW8888

Read? Uncle8888, how do you find multi-bagger stock? (Re-visit)

With the recent add of GLP, this number has changed from 55 to 56!

In search for the next winning stock .....

No concentration, no deep diving into analysis but let Pareto Principle rules!

Read? Education - Trading - Laws

Friday 12 February 2016

DBS : At What Price Is Undervalued???

Readiness, Steadiness and Willingness To Ride That Scary Stock Market! No Scare!

” If you have a worry problem, do these three things:

1. Ask yourself: “What is the worst that can possibly happen?”

2. Prepare to accept it if you have to.

3. Then calmly proceed to improve on the worst.”

(Carnegie 49)

You may see why?

Uncle8888 understands 1, 2, and 3

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