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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Technical Analysis and Charting
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Thursday 7 January 2021

STI 2,910.15+47.14 (+1.65%)

 STI playing catch up???













Posted by Createwealth8888 at 17:32
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4 comments:

  1. Spur7 January 2021 at 21:22:00 GMT+8

    Another timely reminder to review my exit strategies! 😛

    Motherhood statements we all live to regret:
    1. The best time to invest was 30 years ago... blah blah blah.

    2. The time to have an exit strategy is before buying it.

    3. The time to review exit strategy is at all time highs.

    LOL! 😂

    ReplyDelete
  2. CreateWealth88888 January 2021 at 07:58:00 GMT+8

    Stocks rose to all-time highs on Thursday as Congress confirmed the election of Joe Biden as president and traders looked past the unrest in Washington.

    The Nasdaq Composite popped 2.6% to 13,067.48 as shares of Microsoft and Alphabet both gained more than 2%, and Apple rose 3.4%. The Dow Jones Industrial Average advanced 211.73 points, or 0.7%, to 31,041.13. At one point, the Dow was up more than 300 points. The S&P 500 climbed 1.5% to 3,803.79.

    Thursday marked the Nasdaq’s first-ever close above 13,000. It was also the first time the Dow and S&P 500 ended a session above 31,000 and 3,800, respectively.

    ReplyDelete
    Replies
    1. Spur8 January 2021 at 10:38:00 GMT+8

      Melt Up is in full force!

      12,000-13,000 is a key consolidation zone for Nasdaq.

      From the March bottom to 12,000 is about 6,000 points.

      Adding 6,000 to 12,000 gives 18,000.

      If Nasdaq hits 18,000 within 2021 with only -10% to -15% corrections along the way ... this will definitely be ganja-high bubble behaviour.

      I'll definitely be taking significant chips off the table, as well as raising trailing stops!

      PS: We really need a -20% correction to sustain the longer-term bull LOL.

      Delete

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