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



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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

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Saturday, 30 May 2020

Sell In May And Go Away??? (3)


Read? Sell In May And Go Away??? (2)

 May 2020 is over!

Until a vaccine is found or we accept the fact that we are living with COVID-19 as new normal?

 Economy and life have to go on and on!

 No Round 2???




Posted by Createwealth8888 at 08:03
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2 comments:

  1. Spur30 May 2020 at 14:00:00 GMT+8

    Uncle8888,

    I suspect most of the world will go back to 70%-80% normal before any vaccine appears. :P

    Countries are accepting that there's a limit to antivirus mitigations, and no economy can continue giving free money (or future money) to sustain 40%-60% jobless people.

    Even S'pore is beginning to accelerate re-opening as long as community infections remain in the single digits. And I have a sneaking feeling that even if numbers go up to 25 a day, we won't see a general lockdown like the past 2 months. (Btw, most of S'pore's electronics, pharmaceutical, & manufacturing industries are operating at full or near-full levels during this circuit breaker.)

    Sad to say, I've been buying back into US tech etfs in May. Dammit, the strong push thru the 200DMA is saying something & I have to admit that the market is smarter than me. For e.g. QQQ has practically erased all of the Covid losses & back to less than 1% of all time highs.

    Fired 38% of warchest liao (from 33% in mid-Apr).

    ReplyDelete

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