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
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Sunday, 20 December 2020

COVID-19 2020 vs GFC 2008/09

Unknown20 December 2020 at 08:53:00 GMT+8

I tot March 2020 was already a good opportunistic crash, those holding cash had to wait long long forever lol

Reply Delete

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Did Uncle8888 miss the Boat?

In fact; he boarded the Boat too early and picked up a few Sardines; and hopefully these Sardines don't turn into Salted Fish!

Surprisingly; the plunge was sharp and the pain was short too. Next correction. No scare. Hoot!

COVID-19 : Touchstone, Sardine or Salted Fish???

Game over in 2021 or Crash again?















Posted by Createwealth8888 at 16:36
Labels:

2 comments:

  1. Spur20 December 2020 at 16:46:00 GMT+8

    Hi Uncle8888,

    Whelp, tomorrow looks like STI & US mkts will be rather +ve thanks to clarity on $900B US stimulus.

    My own bet is that 2021 will have >50% chance of seeing many countries chionging.

    ReplyDelete
  2. Rainbow20 December 2020 at 21:32:00 GMT+8

    With all the stimulus, crash seems rather remote.

    ReplyDelete

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