As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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.

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Value Investing
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Sunday, 20 August 2017

Why I Was NOT A Serious Retail Investor Before 2000?

Read? Speaking And Sharing With Track Records!!!

Singapore Man of Leisure20 August 2017 at 11:31:00 GMT+8


...... blah

Who to believe? Anyone out there bothered to "verify"? Some reporter say anything and you believe? Now we know why so many fall into scams ;)

We pick and choose the stories to help our thesis.

.. .blah blah


CW8888: That is the issue. No proper records keeping to check and verify.

Uncle8888 by nature is tracker and computes to precision of two decimal places. This unusual behavior does have some goodness for his future generation to check and verify what Ah Kong said.

Before the days of MS Excel; he kept details in this book which no longer is use and was kept in his HDB's storeroom collecting dust.

FD Rate at that time of FD renewal on that year.

1996 : 4.2%
1997 : 4.0%
1998 : 6% (two yrs)
2000 : 2.7%
2001 : 2.7%


  1. Thinking back. How come not keen in investing then?

    1. Becoz investing results take time.

      When younger, no time lah. Want quick profits ... trading, gambling, speculating.... in addition to "investing" in Toto, 4D, soccer betting...

      Counters of choice are micro-caps, penny stocks ... to huat big or go down in glory...

      Sometimes become accidental investors when didn't cut loss ... just let the counters rot lah ... after a few years may also disappear when the micro-caps become zero-caps...

      Best is many start during mid-to-late bull --- all stocks cheonging, how to lose money?? See ma, I'm so smart .... just earned 1 year of salary by trading in 3 months!! Can retire by 35 liao!!!

      After big crash & bad recession & property slump & fighting to save jobs ... how many survivors left to continue blogging & give monthly updates???

      Those who survive the cheonging days ... then kena daily grind ... responsibilities, family, elderly parents, bills, mortgage, making your boss happy, hanging on to your job, focus on promotion, etc etc .... no time to invest seriously lah...

      Hence for majority of people, I believe best approach is simply to have strong savings habit, and use proper term & shield insurance to protect against catastrophic events.

      If they later decide to be serious in investing, then they can take their time to study, dip their toes a bit, and have big war chest to deploy at big recessionary times.

  2. blah, blah black sheep have you any wool?


    Surrender wool OK (Can recover)

    Surrender milk OK (Can recover)

    Surrender meat never OK!


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