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.

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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday 6 October 2020

DBS : ONE STEP CLOSER TO SGD 6.00 (3)

Read?  DBS : ONE STEP CLOSER TO SGD 6.00 (2)

Strong resistance ahead!































3 comments:

  1. CW,

    Your recent entry back to DBS at $19.68 is superb!

    You buy the dipper you!


    Today DBS almost kissed $21 ;)

    The day is not over yet. If tonight US still in the green, kissing $21 should not be a problem tomorrow.

    It would be interesting to see whether DBS can hit $21.43; which would mean STI around 2600?


    It would be a coin flip to see whether the US election would push STI back to 2800 and above; or drag STI back down to 2500 and below.

    Place your bets everyone!

    ReplyDelete
    Replies
    1. How come OCBC and UOB not moving? Non GLC?

      Delete
    2. CW,

      DBS closed strongly at $21.02; now that's a good sign ;)


      OCBC and UOB not only did not moved... It went into the red!?

      There's a divergence in the "force"...

      This is example for stock picking skills ;)

      Those that don't, just buy the whole banking sector - which for STI, its easier as there's only 3 counters.

      In fact, our STI ETF is a good proxy for the banking sector ;)


      Delete

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