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

Thursday 29 April 2021

Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (15)

Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (14)

Kep Corp, Sembcorp Ind and DBS all XD liao!

Timing the market and then time in the market for passive income

From Panadols to ease heartache across market cycles of Bulls and Bears with smiles, regrets, hope and illusion over two decades in the market until his hairs turned completely grey. LOL!

1. Kep Corp (Sep 2001) : 20 yrs, average yearly 26% yield on cost (Freehold)

2. Sembcorp Ind (Dec 2002) : 19 yrs, average yearly 20% yield on cost (Freehold)

3. DBS (Apr 2003) : 18 yrs, average yearly 9% yield on cost (Freehold)

4. Sembcorp Ind (Sep 2003) : 18 yrs, average yearly 10% yield on cost (Freehold)

5. Sembcorp Ind (Oct 2005) : 16 yrs, average yearly 5% yield on cost (83%) - another 4 to 5 yrs to Freehold

Tuesday 27 April 2021

The Difference Between Smart Financial Advice and Smart Financial Advice For You (4)

Sharing the truth on example of Rich Assets and Good Assets through real life experience!

So what when you are younger in Rich Assets e.g. CPF Millionaire!  Know the difference between Good Assets and Rich Assets before we realized it too late! The moral of the story, can we just follow the best example of building retirement wealth without seriously knowing the depth of buffering of our Rich Assets and Good Assets in our net worth. Life crisis may happen when we are not expecting it to happen!

With several insurance policies, CPF saving, investment portfolio and a fully paid 4 room HDB flat; the counting of money showed that it was not that bad. His family should be able to "tong" through the next 15 years without too much financial hardship. 

In fact his CPF saving, investment portfolio and a fully paid 4 room HDB flat already made him a Millionaire in assets value; but he couldn't afford to take 1 to 2 months no-pay leave after using up his 90 days hospitalization leaves. This life experience has taught him experiential wisdom to see the difference between Rich and Wealthy.

A million dollar in asset value can make us feel rich; but not necessary we are wealthy enough to afford thing that we want even it is just about $X,XXX in value. 

Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You (3)

Read? Counting So Hard On How Much Money Is Enough? (2)

Read? 15th Year Anniversary

Sunday 25 April 2021

Luckily For Me In Those Days; There Was No Investment Bloggers, No 1M65 Movement, No Social Media Shouting on 1.5% Compounding Interests in SA Is The Magical Formula To CPF Wealth Building

In the recent years in social media and investment blogosphere in Singapore; so many loud voices  on how to be better CPF savers to become CPF Millionaires before 65!

Lack of  alternative voices from successful CPFIS members who have made it as investors or they are smiling in the background when they read those articles???

Read? Young CPF Members Should You Transfer CPF OA TO SA For additional 1.5% Compounding Interests Over Next Few Decades?

Read? The Dilemma Of Young Personal Financial Investment Influencers (Refresh)

Lucky, lucky, lucky and most lucky is Uncle8888 did CPF OA to SA transfer ONLY ONCE; otherwise his CPFIS net investment return will definitely be smaller!

The  $125K or $250K or $500K Question is ....

Is leaving 35% of CPF OA to earn 2.5% compounded interests as CPFIS War Chest worth the opportunity costs of waiting for Great Singapore Sales in SGX?


Tuesday 20 April 2021

Semb Corp Ind. No more oily and smelly so it can move ahead now with renewable energy???

Read? Semb Corp: Sold $1.78 ROC 6.2%

Kep Corp. the next corpse to rise from its coffin?

Monday 19 April 2021

When Your Bank RM Called??? (6)

Read? When Your Bank RM Called??? (5)

$50 nano offset to interests payable by walking!

Third New Record Set in 2021 For Investment Portfolio!!!

Read? Second New Record Set in 2021 For Investment Portfolio!!!

Enjoy another moment of shiokness as Koala/Panda investor in local SGX!

Saturday 17 April 2021

When Both Greed and Ignorance Meets; This Can Happen When Greed Overtake!

 Read? Bernie Madoff, mastermind of giant Ponzi scheme, dies in US prison

Read? Singapore Trader’s Lavish Lifestyle Allegedly Fueled By $740 Million Fraud

Read? Posts relating to frauds and scams

Real People, Real Ex-colleagues into Sunshine, Oilpods, Land-banking (one of them even resigned to become full-time agent to get more other colleagues into this land-banking fraud. More died together! It had to be really good because someone has gone full-time!)

Friday 16 April 2021

Stock futures are flat in overnight trading after Dow closes above 34,000 for the first time

End of crisis or too much cash or leverage up rotting on hand so better to FOMO then letting it rot farther???

 Stock futures were little changed in overnight trading on Thursday after the Dow Jones Industrial Average crossed the 34,000 threshold for the first time ever.

Futures on the Dow Jones Industrial Average gained 10 points. S&P 500 futures traded near the flatline and Nasdaq 100 futures dipped 0.2%.

During regular trading hours, the blue-chip Dow rose 300 points to top the 34,000 milestone amid blowout economic data. The S&P 500 and the Nasdaq Composite gained more than 1% each on Thursday.

“The Dow’s push through 34,000 is a signal that investor appetite for future growth prospects is spilling over into more value-oriented names,” said Peter Essele, head of portfolio management at Commonwealth Financial Network. “The demand for industrials and more cyclically-oriented areas should continue as the vaccines take hold and earnings potentially come in higher than originally expected.”

Investor sentiment was boosted by economic data on Thursday that pointed to a rebound in consumer spending and the jobs market.

Retail sales jumped 9.8% in March as additional stimulus sent consumer spending soaring, topping the Dow Jones estimate of a 6.1% gain.

Meanwhile, U.S. jobless claims dropped to the lowest level since March 2020. The Labor Department reported 576,000 first-time filings for unemployment insurance for the week ended April 10. Economists polled by Dow Jones expected a total of 710,000

Wednesday 14 April 2021

SGX : Sold @ $10.25 as Round 9

Read? SGX : Bought Back @ $9.80 for Round 9

Sold SGX at own personal high at $10.25 :-)

Tuesday 13 April 2021

Monday 12 April 2021

Kep Corp : Bought @ $5.48 for Round 99

Read? Kep Corp : Bought @ $5.64 for Round 98

More bitter Panadols for itchy hand!

100 Rounds soon!

Sunday 11 April 2021

SundayTimes : Use Cash, not CPF if you want to invest

Nowadays;  more and more Fund Managers are thinking on ways to fatten their commissions or AUM/AUA fees by telling you investing CPF fund is so easy and PASSIVE! Show you the fund performance! Bom pi pi return as we are still in secular Bull Run since 2009 GFC!

Uncle8888 fully agreed! Read this? Your CPF Investment Account : Uncle8888's foolish advice again!!! (5)

Proved to yourself that you can consistently perform better than CPFIS 2.5% CAGR interests growth with your cash investment before touching your CPFIS!

CPF money is paper money before 55; but when you reach 55 this or next year you smile. CPF OA 2.5% is currently the best FD without any lock up period. Anytime you want to withdraw interests to spend freely; CPF can PayNow! Within 15 sec! Money into your pocket now! Hee Hee!


Read? Posts relating to CPFIS

Saturday 10 April 2021

Dow jumps nearly 300 points to a record high, gains 2% for the week

 Walan! Gap widen up! Can STI Bulls FOMO to catch up with Uncle DOW?

U.S. stocks climbed to record levels and closed out Friday at their session highs as Wall Street wrapped up the week with solid gains amid rising reopening optimism.

The Dow Jones Industrial Average rose 297.03 points to 33,800.60, notching a record closing high. The S&P 500 gained 0.8% to 4,128.80, hitting its third straight record close. The tech-heavy Nasdaq Composite edged up 0.5% to 13,900.19.

Stocks linked to the recovering economy led the gains again amid the accelerating vaccine rollout. Carnival Corp rose 2.6% after getting two upgrades on Wall street amid pent-up demand and potential summer restart. General Electric climbed more than 1%. JPMorgan added 0.8%.

Wednesday 7 April 2021

Venture : Sold @ $20.48 as Round 2

 Read? Venture Corp : Bought $19.18 for Round 2

Round 2 : ROC +6.4%, 40 days, B $19.18 S $20.48

Round 1 : ROC +1.3%, 16 days, B $19.88 S $19.20

Tuesday 6 April 2021

Dow climbs 370 points to close at a record high amid optimism on the economic recovery

Look like STI is closing up with Uncle DOW!

Did you see it?

 U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

Monday 5 April 2021

Second New Record Set in 2021 For Investment Portfolio!!!

Read? New Record High - One Retiree's Investment Performance On ZERO Compounding Rate Investing Strategy To Cash Out 100% Yearly Investment Income

Read? Second New Record Set in 2018 For Investment Portfolio!!! (2)

STI cheong ah!

Another new records breaking year in 2021?

22 years across market cycles of Bulls and Bears; Uncle8888 is wise enough to recognize it is just another moment to enjoy the shiokness of illusionary wealth in the stock market. The real investment income from dividends and trading gains from 2017 to 2021 has been transferred to his bank spending account and won't be surrendered back to the next Bear. Retiree liao! Bo pian!

STI at 3,209

 Can STI break this resistance?

Oceanus : Sold @ $0.041 as Round 1

Read? Oceanus : Bought @ $0.038 for Round 2

Round 1: ROC 7.5%, 13 days, B $0.038 S $0.041

Friday 2 April 2021

22 Years in SGX Local Market vs 14 Months - Time in the Market vs. Timing the Market?

Two sets of data points to validate personal investing strategy on 3M's - Method, Mind and Money Management.

Money management has changed from re-investing investment income for compounding investment return to spending off 100% of yearly investment since 2017.  But, unfortunately; Uncle88888 has missed the opportunity to compound his investment income from 2010 to 2019 as his war chest is rotting in the bank and CPF OA for 10 years!

Similar or different pattern between 22 years and 15 months in local SGX market doing DIY stock pick?

22 years (Jan 2000 to Apr 2021) - Total number of  different stocks bought and sold; or still holding = 59

15 months (Feb 2020 to Apr 2021)- Total number of  different stocks bought and sold; or still holding = 13

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