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.

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

Saturday, 31 July 2021

Investing Made Simple By Uncle8888 (40)

Read? Investing Made Simple By Uncle8888 (39)

The Past is NOT the Present and the Present is NOT the Future!

Short-term trading and long-term investing for passive income across market cycles is simply about picking up and ending up with one of these :

1) Multi-baggers

2) Touchstones

3) Pillows

4) Sardines

5) Salt fishes

6) Zero-baggers

It is all about our account size across market cycles to participate decisively and most important is our strict money management on position sizing; and then moves forward slowly to increase our size of Pillows and Multi-baggers to collect passive income in our retirement.










 











Thursday, 29 July 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)

Address by Mr Loh Chin Hua, CEO of Keppel Corporation 

FIRST HALF ENDED 30 JUNE 2021

Good evening. Welcome to the webcast on Keppel Corporation’s first half 

2021 results and performance.

.....

We recognise that dividends are important to our shareholders. I mentioned earlier that some of the funds unlocked from our asset monetisation programme could be returned to shareholders over time. In appreciation of the support and confidence of our shareholders, the Board of Directors has approved an interim cash dividend of 12.0 cents per share for 1H 2021, after ringfencing the impairments related to KrisEnergy’s liquidation. This interim dividend, which will be paid to shareholders on 19 August 2021, is significantly higher than last year’s interim dividend of 3.0 cents and also higher than the interim dividend of 8.0 cents declared in 2019, reflecting the Board and management’s confidence in our vision and strategy.

-----------------------------------------------------------------------------------

Walau!

Uncle8888 is expecting $0.04 to $0.05!

Shiok man! Total dividend for 2021 = $0.07 + $0.12 = $0.19

The days of oily and smelly Kep Corp is over!

Average annual yield for Kep Corp (2001) is 26% p.a. for 20 years! 

Buy and Hold for home bias Koala/Panda retail investor in local SGX!
























Tuesday, 27 July 2021

Real and Illusion Of Wealth In The Stock Market. It is selling that counts! (4)

 Read? Real and Illusion Of Wealth In The Stock Market. It is selling that counts! (3)

Panda is still surviving while Lion is seriously down!

First time trying ETF and HK market kena hit!  Sigh!

Back to sucking Panadols in local SGX is much better!





Sunday, 25 July 2021

Losing Money Is Bad For The Heart

Read? Lesson NOT Learnt in 2007 STI Bull and Lesson Learnt in GFC Bear And Then Applied Along The Way To COVID-19 Mini Bear and Continue ...

Yalor!

So my sifu is right!

It is far better to regret not making more money than to feel sorry of losing your hard earned money.

My sifu started trading and investing at age of 18 following the foot-steps of his father into the stock market. 

Choose Regret or Sorry?

It is in our own hands. It is our own making!

I regret more often and less sorry since 2009!



1M65 CPF OA Possible Or Not??? (2)

Read? 1M65 CPF OA Possible Or Not???

Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You (4) - Refresh!

Read? How To Become CPF Millionaire? Two Approaches Path A or B?

Read? Median household income in 2019 is $9,293

When we cannot be really motivated by Statistics then the opposite effect may happen - Demoralized??? Sigh!

Median gross monthly income from work (including CPF) in 2020 is $4.5K and after CPF is about $4K and annual income after CPF is about $48K!

Median annual income after CPF is about $48K

Mandatory annual CPF contribution is about $6K 

Voluntary annual CPF Top up to Max is up to $30K for Median Income folks to become CPF millionaire!

I can! You can! LOL!

More fund for GIC to invest!

Hmm ... Sunday Times Invest Editor should be renamed to CPF Rich or Save Editor!  Saving is NOT Investing! LOL!







Saturday, 24 July 2021

Expired Passport!

 An expired passport and not renewing yet - Unbelievable!

Anything can happen in life!




Friday, 23 July 2021

GIC’s annualised real return at highest since 2015; remains cautious amid uncertain environment

 SINGAPORE: Singapore sovereign wealth fund GIC posted its highest returns since 2015 for the latest financial year, but said it remains cautious in an uncertain macro environment due to a protracted COVID-19 pandemic and stretched valuations.

In its 2020/21 annual report released on Friday (Jul 23), GIC said its 20-year annualised real rate of return came in at 4.3 per cent for the year ended Mar 31. This is up from 2.7 per cent in the previous financial year and the highest since 2015 when real returns hit 4.9 per cent.

The 20-year metric – a primary indicator of GIC’s investment performance – is a “rolling” return where years are dropped and added as the computation window moves. For instance, the figure for FY2020/21 represented the average annual return of GIC’s portfolio between April 2001 and March 2021, with global inflation taken into account.

The spike in the real rate of return was partly due to the “poor year” in FY2000/01, caused by the dot-com crash, being dropped out of the 20-year window, said GIC’s chief executive officer Lim Chow Kiat during an online press briefing ahead of the report’s release.

The past year also saw a strong rebound in risk assets, such as global equities, on the back of policy actions and the development of COVID-19 vaccines, he added.

“Almost all the risk assets have done really well and even those assets which (had direct) negative impact from the pandemic actually held up reasonably well. So you had a lot of assets performing and that, I guess, contributed to the good performance of the portfolio,” Mr Lim told reporters.












Thursday, 22 July 2021

"I pump but I don't dump,"

 CW8888: In the markets, there are always Buyers and Sellers! You pump and Who dump? You win then Somebody must lose. You lose then Somebody must win!

"I pump but I don't dump (then Somebody can dump),"  LOL!

‘Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.’

[WASHINGTON] Tesla founder Elon Musk said on Wednesday he personally has invested in bitcoin and other cryptocurrencies but that he does not manipulate or "dump" the digital currencies.

In a wide-ranging online panel discussion that included Twitter and Square founder Jack Dorsey, Mr Musk said he believes in cryptocurrencies as a way to "increase the power of the individual in relation to government," and that he has invested in ethereum and dogecoin in addition to bitcoin.

Mr Musk said he loses money when the value of bitcoin or other cryptocurrencies declines but that he has not been selling despite the volatility.

"I pump but I don't dump," he told the forum sponsored by the Crypto Council for Innovation.

Wednesday, 21 July 2021

OCBC

 


Tuesday, 20 July 2021

Dow tumbles 700 points for its worst drop since October as investors fear a Covid resurgence

 It has been too long without wild volatility to change market players!

















Monday, 19 July 2021

SembCorp Industries (SCI): Bought @ $2.08 for Round 57

Read? Semb Corp: Sold $1.78 ROC 6.2%


Fu Yu : Bought $0.30 For Round 2

Read? Fu Yu - One Big Step Up today!


Temasek - How We Grew

Read? How We Grew

An impressive growth in Temasek's Portfolio value across market and economics cycles!

But how much of this growth is contributed by yearly capital injection?

Is yearly capital injection by Big Daddy reported somewhere?

Anyone knows?






Sunday, 18 July 2021

I Am With Earn More Camp - My Own Data Points Proved It! Investing To Win More Than Earned Income Is Not Easy!

Uncle8888 started serious investing on Jan 2000 and after 22 years of days and nights watching financial news and actively monitoring his portfolio; his investment performance is rather flat across market cycles!

Read? Mind Flip (5)

How come?

Never pay for investment training courses to turn $100K to $1M?


Lost Your Money In Hyflux??? (2)

Read? Lost Your Money In Hyflux???

Read? Me too: Lian Beng (3)

Recycle forced recovery of LBG capital soon. Tmr?

Those Hero stocks of 2009 - 2011 that helped to recover from 2007 to 2009 draw-down of - 53%

Top two past heroes are dead!

Noble (Wrote off)

Olam (All sold)

Kep Corp (Top 1 holding)

Semb Corp (Top 2 holding)

Semb Marine (All sold)

Hyflux (Wrote off)

Biosensors (Taken Private)

CPL (Reduce to minor holding) <--- Another forced recovery of invested capital soon to switch Horse!




Thursday, 15 July 2021

Sembcorp Ind

 


Tuesday, 13 July 2021

Size Doesn't Matter Anymore. Really!

 Char siew $0.80 and tau sar pao $0.70













Temasek’s net portfolio value rebounds to record high

 SINGAPORE: Temasek Holdings on Tuesday (Jul 13) reported a record net portfolio value for the last financial year, while signalling cautious optimism in the global economy for the short to medium term.

For the year ended Mar 31, its net portfolio was valued at S$381 billion, an increase of S$75 billion - or nearly 25 per cent - from the S$306 billion it achieved a year ago, according to its latest annual review.

This marks a turnaround from the previous financial year of 2019/2020, which saw a 2.2 per cent drop in the net portfolio value due to the COVID-19 pandemic. 

Its one-year total shareholder return, which takes into account all dividends distributed to shareholders minus any capital injections, turned positive at 24.53 per cent, compared with the -2.28 per cent a year ago.

Over a longer term, its 10-year and 20-year total shareholder returns came in at 7 per cent and 8 per cent respectively, a slight increase from the 5 per cent and 6 per cent respectively in the previous year.


One Koala/Panda Retail Investor in SGX vs Temasek Army in Global markets

Koala/Panda hiding behind a few of Temasek's GLCs in SGX can still perform for the next few years?

22 yrs 6.0% vs  20 yrs 8%



















Dow hits 35,000 points as US stocks end at records

 NEW YORK: The Dow flirted with its first-ever close above 35,000 points on Monday (Jul 12) as US stocks turned in another record-filled session ahead of a heavy schedule of earnings releases and economic reports.

The blue-chip index finished at 34,996.18, a gain of 0.4 per cent. The index was just above 35,000 points at the 8pm GMT closing bell, but settled under the benchmark after the close.

The broad-based S&P 500 gained 0.4 per cent to 4,384.63, while the tech-rich Nasdaq Composite Index advanced 0.2 per cent to 14,733.24.

All three major indices finished at records, reflecting how optimism over the economic recovery has offset worries about inflation and the Delta variant of COVID-19.

Investors are geared up for a heady earnings season, beginning on Tuesday with reports from JPMorgan Chase and Goldman Sachs.

The period is expected to be the second strongest quarter in the last 25 years, according to CFRA Research's Sam Stovall.

But analysts at DataTrek Research warned that earnings seasons "needs to be awesome" to extend the rally.

"We're reminded of the old market saying, 'buy the rumour, sell the news'," DataTrek said in a note."

The first bit is happening right now. We will shortly see how the second part plays out."

Other highlights this week include congressional testimony from Federal Reserve Chair Jerome Powell and the release of June consumer price and retail sales data.

New York Fed President John Williams told reporters on Monday that the recovery in key areas of the US economy is not sufficient enough for the central bank to start pulling back on its aggressive stimulus program.

Large banks enjoyed a good session as treasury bond yields strengthened and investors looked ahead to the earnings announcements. JPMorgan Chase, Goldman Sachs, Citigroup and Bank of America all piled on at least 1 per cent.

Disney was another big winner, surging 4.2 per cent following a strong opening weekend for its Black Widow superhero movie. The entertainment giant also plans to increase the price for its ESPN+ streaming service, CNBC reported.

Monday, 12 July 2021

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

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

Plenty of smart financial advices coming from the Forum if you ask whether should you top up your CPF SA to earn that 4% compounding interests!

It is world of difference between smart financial advice in general and smart financial advice that fits our own shoe!

How great is 1M40 or 1M45 or even 1M50 if we haven't reach the financial stage to convert any rich asset to cash flow? 

COVID-19 is unexpected!

It also meant that anything in our life can happen; and we suddenly need that extra cash flow!







Where does cotton come from? (2)

Read? Where does cotton come from?

We love Yield!

But; yield comes from where?

Panadols (Paper losses) or Golden Eggs (Freehold stocks) must come from company's earning. If not; then must come from Sheep (OPM)!

Over long run; which is more profitable?

Panadols, Golden Eggs or OPM?





SGX

 


SGX : Sold @ $11.28 as Round 10

Read? SGX : Bought @ $10.18 for Round 10

Sold SGX at own personal high at $11.28 :-)

Round 10: ROC +10.4%, 68 days, B $10.18 S $11.28


Saturday, 10 July 2021

When Baby Decided To Stay Longer! Shiok Here! Mummy Is Getting Anxious and Worry! Baby Finally Leave A Second Time!

Read? A Mother Will Never Abandon Her Baby! Will Come Back! (2)

See what happening!











A Mother Will Never Abandon Her Baby! Will Come Back! (2)

Read? A Mother Will Never Abandon Her Baby! Will Come Back!

This is totally unexpected! It is amazing!

What is a birdbrain?

Birdbrain is stupid?

The Baby decided to come to Uncle8888 man-made nest for another visit and Mummy also couldn't stop it! LOL!




Baby is hungry! Chirping loudly!

Mother bo pain! Mother always feed her hungry Baby!

Need to feed hungry baby; but its Baby is not in natural bird nest how to feed!

Auntie8888 realized that Mummy needs a helping hand to feed her Baby! LOL!

Watch closely what happened?





























A Mother Will Never Abandon Her Baby! Will Come Back!

Read? Day 2 : Unexpected Noisy Baby Who Still Don't Want To Leave!

Baby kept crisping and crisping and calling for Mummy !

My mummy is Great!

Mummy can hear your call!

Mummy is coming for you!

















Day 2 : Unexpected Noisy Baby Who Still Don't Want To Leave!

Walau! Non-stop chirping! (Calling out to Mummy?). So noisy!

Auntie8888 thought it was outside the window and looked left and right; but no sight of birds!

Funny leh! Chirping non-stop! Walau!

But; when we looked out of window left and right; the chirping temporary stopped!

Walau!

Then Auntie8888 .... LOL!

How could this happen???

I





Baby loves to suck Honey!




Day 2, baby has the freedom to leave anytime; but it still refuse to leave or its wings are too weak to fly or still hoping for Mummy to come?

The alternative is to leave it on the ground floor; it may be killed by community cats?

So how?




Wednesday, 7 July 2021

Wilmar

 


4.1m CPF members' balances hit record S$462.1 billion in 2020

Read? 4.1m CPF members' balances hit record S$462.1 billion in 2020

Despite the pandemic, the CPF Board reported that voluntary top-ups into the special account and retirement account also reached a new high at S$3 billion in 2020, having jumped 39 per cent year on year from S$2.15 billion. More than one-third of these members were topping up for the first time.

CPF members invested S$17 billion of their ordinary account savings and S$5.5 billion of special account savings last year, under the CPF Investment Scheme.

Of the 40,000 active CPF members who turned 55 in 2020, 63.6 per cent were able to set aside the Full Retirement Sum for their cohort, or set aside at least the Basic Retirement Sum while owning at least one property.


How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (3)

Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (2)

Uncle8888 is more concerned over future investment losses than inflation! Investing is never a sure way to fight inflation hor!

Which is more scary?



Tuesday, 6 July 2021

SGX

 


STI Bullish Ahead???

 DBS and SGX hitting new 52WH! :-)

T



Wise Words Series - Part 3 (Time to refresh)

 For those who still believe that Magical Wands from your "Gurus" can SKIP!

Stock picking is part science, part art, part luck, part intuition, and always uncertain - "not precisely knowing." (Who say it? Forgotten)

Read? Wise Words Series - Part 3


Sunday, 4 July 2021

How many bank accounts should you have? An expert says 4 is the magic number

Read? How many bank accounts should you have? An expert says 4 is the magic number

An expert said so!

Uncle8888 said 4; but carry no weight! LOL! 

Tuesday, 20 October 2009

Read? Two Bank Accounts? No, You may need Four!

Read? Two Bank Accounts? No, You may need Four! - (4)

Earning more than your boss? (2)

Read? Earning more than your boss?

Time for Ah Q thinking and smiles!

CPF balance higher than our boss?

Be much better CPFIS investor than our boss; and one day our CPF balance will catch up and overtake them! LOL!





Saturday, 3 July 2021

Income Security and Confidence

Read? Just like our Work Income, Annuity Income is Addictive

"An annuity income stream worked better than an investment portfolio because even with an investment portfolio, we lack confidence the portfolio income will last us a lifetime."

"The problem for Singaporeans is… other than our CPF LIFE annuity income, there aren’t any private immediate annuity plans."

Hmm ....

Is there a problem for Singaporean?

Join 1M65 or 4M65 movement! No problem liao? LOL!

1M65 for lower spender and 4M65 for higher spender!

To be even better than this 1M65 movement; try upgrading yourself to 1M65+++ and supplement your fixed income from CPF with variable investment income from your investment portfolio for discretionary expenses and to fight year-on-year inflation!

Problem for Singaporeans solved?



What Is Holding Me Back After Stumbling Hard In GFC 2008/2009?

Like current raging Bull in US mkt now; nothing seen stoppable!

In 2006 to 2007; Uncle8888 also felt the same; don't worry; the party is not ending and FI is coming soon!

Bull Market is likely to make us to think that we are way smarter than Mr Market; unless we have at least went through one full market cycle to validate ourselves i.e. Bull-Bear-Bull or Bear-Bull-Bear!

Beware of illusionary wealth in the Bull market till you convert the illusionary wealth into something more solid or less volatile!

Read? My War Room (7) - The Last Mile

In fact; in 2007 Uncle8888 was smiling to himself whenever he was thinking that he was earning more than his boss! May be his boss also earning more than his boss! LOL!

Read? Earning more than your boss?

Read? Now It Is Alright For Him To Ask

Read? Time in the Market > Timing the Market??? (5)








Friday, 2 July 2021

Time in the Market > Timing the Market??? (5)

Read? Time in the Market > Timing the Market??? (4)

Uncle8888 knows clearly the difference and see through the debate on Market Timing vs Time in the Market through his daily tracking of investment portfolio across market cycles over the last 22 years!








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