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.

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 10 November 2020

DBS : Round 24 - 2 : Sold @ $24.28

Read? DBS Round 24 - 2 : Bought back higher @ $20.65 than last sold @ $19.88




5 comments:

  1. Congrats CW!

    18% in 12 days ;)

    Now that's what I call POWER swing trade!


    Not passive, but trading around our core positions can help supplement our dividend yield ;)



    ReplyDelete
    Replies
    1. Trading around our core positions is less emotional after Point X to supplement cash flow for retirement income and some excitement too.

      Delete
    2. Like SMOL has said "Ring fencing our trading capital" for some actions to keep up some excitement in a boring STI.

      Delete
  2. One fine day when I am retired with no more salary income and more time, I must get a taste of trading.

    Maybe set aside $100,000 for trading at the beginning of the year and see whats left of it at the end of the year :-)

    ReplyDelete
    Replies
    1. mysecretinvestment,

      Just as long you ring fenced this $100K, even you bankrupt this trading account, it won't affect your lifestyle ;)

      The problem is when those who have focused on SAVE MORE all their lives, and come age 65 flushed with lots of spare cash and time to kill, they have less understanding on what is RISK/REWARD when they have never been burnt or cut before...

      Delete

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