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

Tuesday, 17 March 2020

My Investment Portfolio falling down vs Current STI vs STI during GFC


STI didn't rebounded strongly from 2,5XX so no more strong support till 1,8XX.

 Can you survive the emotional pain to ride the fall to below 2,000 and beyond?

 More and more paper losses can tahan?

 Uncle8888 also tio circuit breaker liao.  27% of war chest has been deployed.

 See you at 2,3XX or below.

 Thinking of new game plan to deploy war chest to last till STI 8XX assuming Depression 2.0 is coming!

 Great pain ahead and how to survive when everyday so free to look at market and CANNOT roam across Singapore island with his unlimited monthly transport pass!

 Sibei sibei sianz!

 KNS! Convid-19!

 The only consolation is that being retired from full-time job as employee in 2016; Uncle8888 himself cannot be retrenched anymore; but thinking for his three children also cham! 

 Sigh!









Posted by Createwealth8888 at 18:36
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4 comments:

  1. Small Time Investor17 March 2020 at 23:36:00 GMT+8

    Uncle 8888

    I remember your position sizing teaching.

    ReplyDelete
  2. Small Time Investor17 March 2020 at 23:38:00 GMT+8

    Dollar share stock could fall till cents stock is what I remind myself now.:(:(:(

    ReplyDelete
    Replies
    1. Createwealth888817 March 2020 at 23:45:00 GMT+8

      Creative Technology was once $60+ share and the most expensive stock in SGX. LOL!

      Delete
  3. AppShadow17 March 2020 at 23:48:00 GMT+8

    Hmm...my last STI etf purchase was at 2845. I see you at 2200 or lower since I change my assessment that this is not a guerilla warfare. It is going to be a long drawn out battle. Need to save some money 1st.

    ReplyDelete

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