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.

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Value Investing
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Saturday 14 March 2020

12 Years Of STI Bull Run (2009 to 2020)


Hopefully; this round Uncle8888 gets his timing the market and time in the market right! Probably; this may be his last chance!

STI last Friday dropped to day low of 2,511 and is about the same level at 2,583 on Jan 2000 when he started seriously his long investing journey thinking he could create wealth from the stock market using long-term investing and short-term trading and later also did T+5 contra trading and got himself burnt by contra trading and chopped fingers on Nov 2008.

20 years liao!

1) Jan 2000

War Chest : 100% (Capital from saving)


STI : 67% of STI Bull Peak @ 3,876


Stocks exposure : 0%


2) Mar 2020


War Chest : 127% (Capital plus retained investment gains)

STI : 68% of STI Bull Peak @ 3,876

Stocks exposure : 38%
















6 comments:

  1. I wanted to deploy to buy some stocks in Friday morning but most trading systems were down due to heavy traffic.

    By noon, it rebounded strongly and miss out the first shot.

    Not sure if there will be more of such drop but oh well, just have to wait again. Maybe I should have just key in the trade the night before so that I won't miss out such opportunity

    ReplyDelete
    Replies
    1. If this is a dead cat rebound, next week you may get it cheaper and smiling. That is life when market is volatile. Just read some people began to worry on margin call in their leveraged account. Is the worst over for those leveraged yield in low rate environment? Low rate is not margin call protection.

      Delete
  2. CW,

    20 years.

    Imagine if you gonna live to your 80s, that's another 20 years!!!

    If we're lucky, we may see another 2-3 bull/bear cycles (7 years cycles) ;)

    How's that for wash, rinse, and repeat?


    So choy! Spit, spit, spit.

    If this is your last chance, that means we gonna have the same fate as Japan!?

    Imagine for the next 30 years STI will never retake 3800 ever again :(

    L-shaped roti-prara like in the 1930s until we get world war 3 for stocks as an asset class to recover?

    Choy, choy, choy!

    ReplyDelete
    Replies
    1. Hi SMOL,

      I think Uncle8888 aims to achieve 10X initial capital this time round .... legacy for grandchildren secured liao. Can close shop & finally retire! :)

      Future bear / bull / bear no more concern liao LOL!!

      Delete
  3. Honestly, we won't know if it's where bounce or it might get worst. No crystal ball can guide us at all till it's over.

    While I agree there's a possibility that it might get worst as Europe won't be able to get their acts together as human are always selfish. But who knows it might bounce too.

    Maybe CW is right that another margin calls might be there next week if it goes down further where the selling pressure will add up substantially. With algo trading to speed up even faster than it used to be. Maybe there's might be my chance to invest.

    Only hope and wish for the virus to beaten down by man kind

    ReplyDelete

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