As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Monday, 8 March 2021

Early, Late or FOMO Comers Into The Party Made World of Big Differences???

 

O&G stocks like Keppel Corp have been hated and avoided by most retail investors even its Rig biz will be exited in 3 yrs! Right?

But ..

Early, Late  or FOMO comers into the Party will make world of big Differences!

That is why long-term investing is always personal investing! One man's freehold dividend is another man's Panadol!

Read? The sun rose for Keppel - in a sunset industry!

Read? Just a few multi-baggers may be enough for your kid's university fund - Updated









6 comments:

  1. Hi Uncle8888,

    Life is like a sine wave lol.

    How things unfold depends on where you start on the wave ... and your reactions to the changing circumstances. ;)

    Looks like now is the revenge of the Gen X 2000s ... banks, oil, commodities, gold(eventually? lol).

    ReplyDelete
  2. CW,

    Precisely.

    Those who bought Keppel at $10 a few years back, when O&G was flavour of the decade, got a ugly -50% haircut... The dividends are panadols to ease the pain while they wait to breakeven one day...

    But for those who bought Keppel at $5 recently because they believed in Keppel's 2030 vision, then the dividends are merely getting paid to wait while you wait to get a 2 bagger 10 years later ;)

    Not really sexy, but hey! Still beats CPF!


    And if you bought Keppel when police wear still wore shorts at $1 long long ago, then Keppel when it returns back to $10 one day... Or 10 years later, whichever comes first, you just got a sweet 10 bagger!!!


    Its all about entries and exits.

    Nothing so complicated ;)

    ReplyDelete
  3. {Assets allocation & Purchase price entry level
    There’s nothing you can do better to control Risks and generate Profit by proper Allocation of Assets and buying those assets at the Right Price.
    Right Price
    “When” is more important than “What”.
    In most cases, when you buy is more important than what you buy. You can make money on the most marginal company if you buy it at the right time; you can lose money in the bluest of blue chips if you buy it at the wrong time.
    The right time is when a stock is selling reasonably near the low end of its trading range or at a historically low price/earnings multiple, or when any trustworthy guideline indicates a sharp reduction in risk. This low entry level provides a safety net dangerously missing at higher prices.
    The wrong time to buy for a long-term investor is when a stock is selling near the high end of its trading range. Everything depends on the price you pay, regardless how gilt-edge the stock.}

    The above is from Guru's book - problem is can we put it into practice?

    That is one of the reasons why i have not put all my assets into the stock markets, lol.

    ReplyDelete
  4. Yes, at certain age, risky to put all assets in stock market. Based on personal experience (1980 - to date), both "when" & "what" are important. "Luck" is most important of all, but this not within our control. When the late LKY made the "sunset industry" statement in 1986/87 in the midst of Singapore first recession after independence, everything was tanked, stock & property. Any "stock novice" who invested in most "blue chips" then & hold till today would have 10s multi-bagger (DBS was at around $2) - the "When" element. Any "property novice" who invested in a freehold property & hold till today would have even larger 10s, if not 100, multi-bagger (with leverage) - the "What" element. Being "novice", there is no skill ("market timing") or foresight involved. Pure luck.

    Unlikely to have such multi-bagger "luck" now, economy-wise, Singapore is now a "matured adult", will be rare to find multi-bagger in either stock or property. Stock wise, have to be in other markets with large domestic economy (US, China) & scout for game changing technology or innovative business model (there are still 100s multi-bagger Singaporean control companies such as SEA, but these are listed in US!). Property wise, have to be in developing countries with transparent property rights, with growth trajectory as Singapore in the 1970~2000.

    Stomach no longer strong. Contented to dribble with counters with reliable dividends or those with slow but steady & consistent growth.

    ReplyDelete
  5. Ah....1987/1988 - i went in 1st time lock, stock & barrel in 1987 or 1988 as Bei Kambing - not afraid one even at 40 years old, Bei Kambing ma!

    Thank God (for some maybe Lady Luck)- i survive okay until now.

    At least i can choose to work or not since 2011 with a car to boot until just scrap this month.

    Because a car has been really a LUXURY 5 years ago to us till now.

    Even though we may still can afford it.

    May go for EV in Future if still can afford one?



    ReplyDelete
  6. Actually should be 10 years ago to be more accurate.

    ReplyDelete

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