Old dog can't learn new tricks in the market to go to Moon!
SGX is a Old Age Home for old folks in Singapore to survive on minimum income from the market and supplemented by CPF and CPF Life!
After 22 years across market cycles of Bulls and Bears (WTC Sep 11, SARS, GFC and COVID-19) and 5 years without a single cent for re-investing; the performance is .... sigh!
The only self-consolation is that 2022 will be the year that Uncle8888 will cross the 50% mark to Land of Investing Nirvana!
Uncle8888,
ReplyDeleteYou've shown the way in terms of letting your winners run run run, averaging down/up into your winners, collecting panadols & capital gains for warchest, and along the way taking out initial capital.
And having a phase-in approach to deploy warchest depending on severity of market crashes.
Think many have benefitted from your experience. :)
As for STI, it was exciting & inspiring from 2003-2010. But after that it went limp compared to S&P500.
Gen Y who started investing after 2010 have never experienced an exciting STI in their lives (except maybe for S-Reits in 2019).
CW,
ReplyDeleteBest wishes for the New Year!
You stay healthy and fit OK?
We have been poking each other for 10 years now...
Its a lot more fun with you around!!!
To more good years!
Happy New Year! More funs and poking coming soon in 2022!
DeleteKep Corp FY 21 H2 dividends at $0.21! 10% Return on Total Capital for 2022 in the pocket liao!
ReplyDelete