As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!

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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.

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, 2 June 2020

STI back to 2,612

Read? Sell In May And Go Away??? (3)

No more COVID Round 2?

Clap clap clap!


  1. My WAG (wild ass guess) is for 60% chance of round 2 later this year. Catalyst may be re-lockdowns as northern winter approaches, disappointment at slow return to normal, increasing corporate bankruptcies.

    Whether it will lead to -20% correction in a continuing secular 20-year bull (that started in 2009), or a -50% showstopper, or anything in-between is anybody's guess, kekeke!!

  2. With FED. RES. promised of unlimited QE without limit, why the the market is so bullish now?

    In America, some say they are many cases of Americans after losing their jobs are receiving more money from FED. RES. as compensation then from their their actual pay from employment.

    Same here in Singapore, there are rumour some dormitory workers seem to want to get Covid - No need to work and live like on holiday. Never mind the risks of death.

    And if no vaccine can be found to be ready soon by the end of this year or early next year, i think all bets are off.


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