As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two 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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
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Monday, 23 July 2018

When To Sell??? Depending on Yield on cost. Decent or Reasonable?


Are you so unreasonable to run away from decent or reasonable deal?

temperament20 July 2018 at 21:42:00 GMT+8

i purchased Keppel Corp & Semb Corp and many other counters in 1988/9 and many other yaers on the "cheap" but also sold them on the cheap.

Therefore i always think if i have kept Keppel Corp, Semb Corp like CW, will my CAGR better?


ReplyDelete

Hindsight wisdom and lucky old man!

The yield on cost was the lowest on that year when these three counters were purchased.

Instead of calling it passive income and attracts pokers; Uncle8888 shall term it as coasting investment income i.e. doing the minimum amount (less analyzing) of work to keep his position.




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