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!

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Tuesday, 6 October 2020

Can STI recover towards 2,600?

 


Posted by Createwealth8888 at 07:53
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2 comments:

  1. Spur6 October 2020 at 08:51:00 GMT+8

    K-shaped stock markets :P

    ReplyDelete
  2. Singapore Man of Leisure6 October 2020 at 11:42:00 GMT+8

    CW,

    All 3 US indexes are a lot more "exciting" since the lows of March - especially the Nasdaq!

    No prizes to guess why the more "adventurous" ones locally have migrated to the US markets.

    Except for that one spike to 2800, our STI has been going sideways...

    Even the recent break of 2500 has turned out to be a head fake.

    As a betting man, I think STI would likely kiss 2600 again. Simple short covering enough ;)

    ReplyDelete

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