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, 18 December 2021

DOW vs STI

 No Santa Rally next week or buying for passive income next year???




Posted by Createwealth8888 at 09:35
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2 comments:

  1. Singapore Man of Leisure18 December 2021 at 10:23:00 GMT+8

    CW,

    STI has basically been "flat" or stuck between 3600 and 2800 for the past 10 years every since the lows of 2009...

    I don't think this is what passive investors in STI ETF had in mind... OK, 10 years is too short they would retort!

    But great for those who can trade rounds 1, 2, 3 between resistance and support ;)

    Buy the dip; sell the RIP!


    The past 10 years also not bad for yield hogs who can average more than 5% to 6% per year in STI. Hey! Its better than CPF 4%! Compound the 1% - 2% differences over 30 years...

    But no free lunch. Its only for those who can stomach -20% or more in paper losses!?


    STI passive for income? Thumbs up!

    STI passive for capital gains? Thumbs down.


    ReplyDelete
  2. Spur18 December 2021 at 11:17:00 GMT+8

    Hmm, maybe like lab rats, the big boys have also been conditioned on multi-billion dollar rounds 99, 100, 101, ...

    Start accumulating below 3000 & start distributing above 3400?

    Without big boys conviction to hold & continue adding on above 3500, pretty hard for STI to break out of this long sideways channel.

    Unless...

    Like the peak of US stocks in the Roaring 20s, STI also reached ungodly valuation in 2007? And also need 25 years to work off the excesses? Now that will be a financial historian's wet dream!

    (The Dow took until 1954 to get back where it was in 1929. A bit misleading coz if you considered total returns including dividends, investors recovered much faster.)

    ReplyDelete

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