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

Sunday, 11 February 2018

On why sound investing principles will always work???


Read? On why sound investing principles will always work???

 Real People. Real Story on DBS!
This ex-colleague who was some time also Uncle8888's lunch kaki.

 During GFC 2008/2009; he was very keen to invest bigger on DBS; but in Mar 2009 he was still waiting for DBS to reach $6 before accumulating slowly!

 When the market recovered he regretted big time; but; he did learn important lesson on investing!

 This time in Jan 2016; when DBS went below $15; he started to accumulate slowly using his CPF fund as he has already reached 55 (Feeling rich with his bigger War Chest? How often can we beat CPF OA 2.5% with blue chip yield?)

 In Investing; Your Account Size Really Matters! - CW8888
When DBS has crossed $19; he began to divest slowly. Uncle8888 last heard that he has fully divested all his DBS.

 -------------------------------------------

 Now; he sianz!

 Real life example of retail investing. It is never easy! Who can analyze that DBS drastically raises its dividend from past year of 66 cts to $1.20 from 2018 onwards!

 Institutions invest along with their rules and policies; but for retails it is all in their Mind and Heart!

 Less Analyzing. More Investing - CW8888

 Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (5)


 Luck or Bo Chap or Don't ask for more?



Posted by Createwealth8888 at 09:53
Labels:

8 comments:

  1. Singapore Man of Leisure11 February 2018 at 11:01:00 GMT+8

    This comment has been removed by the author.

    ReplyDelete
  2. Singapore Man of Leisure11 February 2018 at 11:03:00 GMT+8

    CW,

    I am sure one day DBS will trade below $19.

    I also very certain DBS will trade above $30 one day.


    See? I'll be right both times - if I wait long enough ;)

    Everything is just one big illusion.

    What's real is the money in our pockets the day we walk out of the casino.

    :)

    ReplyDelete
  3. Spur11 February 2018 at 11:15:00 GMT+8

    Question is why did he buy just becoz DBS went below $15? It could have gone down much lower...

    Which leads to the 2nd question: Why did he start selling at $19 when its price was in uptrend? No telling when a major top for DBS will occur.

    No worries, tell him when next time there is -50% decline in STI, just buy DBS big big & throw away his broker a/c password. LOL!!

    ReplyDelete
  4. CreateWealth888811 February 2018 at 11:42:00 GMT+8

    :-)

    Life as retail is tough!

    Handover to index mgr and don't have to make difficult decision better?

    ReplyDelete
    Replies
    1. Y-AH11 February 2018 at 16:03:00 GMT+8

      From 16 to 19 that's about 20% gain with few clicks..where got tough?
      It tougher to convince people 水能载舟亦能覆舟

      Delete
  5. STE11 February 2018 at 15:26:00 GMT+8

    Hi uncle CW8888,
    Yah,,, is hard to time the market , we always regret seeing our share " keep chionging " after sold ...but again hand itchy when seeing our stock up by 20-30%... :-)
    Cheers !!

    ReplyDelete
    Replies
    1. Createwealth888811 February 2018 at 18:05:00 GMT+8

      My sifu said Regret not making more is better than Sorry of losing money. :-)

      Delete

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