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!

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Saturday, 23 October 2021

Will STI Bulls Break 3,407 set in May 2018???

DBS breaks 52WH @ $31.74 next week?













Posted by Createwealth8888 at 08:52
Labels:

5 comments:

  1. Singapore Man of Leisure23 October 2021 at 09:54:00 GMT+8

    CW,

    Well, it doesn't matter for Buy-and-Hold and/or Passive "investors" ;)

    Its not as if they will take any actions if STI break 3407...


    But for rounds 1, 2, 3 traders like you, well, it matters!

    Those who buy on breakouts may add more - hoping STI will hit 3600, and 3800 next!

    Those who sell on the rip will take profit and wait for the next dip... (Its a trade, not an investment!)


    For every buyer, there's a seller; and vice versa.

    Somebody wins; somebody loses.

    Brokers and SGX just collect toll for the win! (Eat grass if everyone just Buy-and-Hold)



    ReplyDelete
    Replies
    1. CreateWealth888823 October 2021 at 11:55:00 GMT+8

      May be some kopi or CAI fan coming soon to take off the table. :-)

      Delete
  2. Spur23 October 2021 at 15:00:00 GMT+8

    Uncle8888,

    Here's hoping STI will take out 3,400 soon, then 3,600 ... coz that will mean global economy booming LOL.

    The day STI crosses above 4,000 I'll uncork a Macallan 18 yr scotch that's been gathering dust in my storeroom. :P

    ReplyDelete
    Replies
    1. CreateWealth888823 October 2021 at 15:17:00 GMT+8

      It will be big celebration for zombie investors in zombie SG market!

      Delete
  3. CreateWealth888827 October 2021 at 10:50:00 GMT+8

    DBS new ATH :-)

    ReplyDelete

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