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.

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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

Monday, 28 September 2020

DBS : ONE STEP CLOSER TO SGD 6.00

 From Cyberspace ...

September 26, 2020, 23:30•

4.2K

ONE STEP CLOSER TO SGD 6.00

 $DBS(D05.SI)  ...OIL BAD DEBTS!

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LOL!

Real person. Real waiting for $6 in GFC!

Read? On why sound investing principles will always work???

Real People. Real Story on DBS!

This ex-colleague who was some time also Uncle8888's lunch kaki.

During GFC 2008/2009; he was very keen to invest bigger on DBS; but in Mar 2009 he was still waiting for DBS to reach $6 before accumulating slowly!

When the market recovered he regretted big time; but; he did learn important lesson on investing!

This time in Jan 2016; when DBS went below $15; he started to accumulate slowly using his CPF fund as he has already reached 55 (Feeling rich with his bigger War Chest? How often can we beat CPF OA 2.5% with blue chip yield?)

In Investing; Your Account Size Really Matters! - CW8888

When DBS has crossed $19; he began to divest slowly. Uncle8888 last heard that he has fully divested all his DBS.




3 comments:

  1. Ah ha! Ah ha!

    That's the way.

    Jumping in.

    No William Tell.

    No Robin Hood.

    Just U and your guts.

    ReplyDelete
    Replies
    1. Probably once or few opportunities in SGX market in our lifetime that CPF members may feel confident enough to beat 2.5% risk free interest with their CPF fund to DIY.

      Delete
    2. Not once, but many times, even when i started at age 40.

      Now got QE, so not so easy anymore, i think.

      Got caught by surprise- QE was/is so powerderful until now.

      But due to possible hyper inflation into the future, FED RES. has to stop QE somewhere down the road.

      Then it's time to play poping the bubbles game -FOC game online.

      Delete

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