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
By 2nd half 2020?? Hohoho!
ReplyDeleteHow to invest & profit in the next recession. Simple and general tips ... especially for those still working.
Market is crazy nowadays... but it cannot go forever without a recession.
ReplyDeleteRetirees don't have to invest to build up wealth for retirement. Know what is enough and stay invested and add when favourable market condition appeared for that desired yield. Slightly bigger cash generation for next few years as saving.
ReplyDeleteThere may be more upside if we can collect those big cap stocks at 3 to 4% during market crash
ReplyDeleteThe STI yield is 5~6% during bear market (crash) with ~50 margin of safety in price.
ReplyDeleteDuring the last 3 big bears, STI weighted dividend yield peaked at around 5.5%-6% on TTM basis.
ReplyDeleteHowever chances are that most people were too scared to buy. Yield can always go higher! LOL!
E.g. At the beginning of 2016 in the 2015 mini-bear, STI yield reached 4.5% ... how many were buying big then?
Currently the yield is about 3.6+% --- average to slightly above average. Compared to many other stock markets around the world, S'pore blue chips are still rather cheap.
Coincidentally monthly resident unemployment rates often peak at 5.5% to 6% in major recessions. However this statistic is slightly delayed by couple of months from MOM.
Hence more useful as "timing" tool for property bargain hunting. (Properties only see major price drops when big numbers of people lose jobs & can no longer pay their mortgages)