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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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

Friday 18 December 2020

US Markets Only Go Up

 Sell away your stocks in SGX and switch Horses in US Mkt! Hurry! Mai Tu liao!

Stock futures opened flat to slightly lower on Thursday, pausing after increasing earlier in the day.

The three major indices ended the regular session at record closing highs, even as lawmakers remained locked in discussions over another coronavirus relief package and legislation to fund the government for the fiscal year.

New economic data out Thursday underscored weakening trends in the labor market as new jobless claims unexpectedly rose to the highest level since early September, giving investors reason to believe the grim data will compel lawmakers to advance a stimulus bill more expediently.



Posted by Createwealth8888 at 08:13
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1 comment:

  1. Spur18 December 2020 at 13:11:00 GMT+8

    Hi Uncle8888,

    Heheh, millennials don't compare with Lau Dow ... they compare with Nazz Daqq!

    YTD comparison of Nasdaq vs Bombay vs Shanghai vs STI (from top to bottom).

    For Nasdaq, its 40+% performance seems like it just invented the vaccine for cancer.

    Even for the other large indices, looking at their double-digit returns ytd, you'd never know there's a worldwide pandemic & recession going on!

    PS: My positions in China & India are causing me to underperform my sniggering younger cousins ... now I know what it feels like on the receiving end of Davey Day Trader! LOL! ¯\_(ツ)_/¯

    ReplyDelete

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