Read? 6 Years (2017 to 2022) Into Retirement Income From Local Market - SGX As Panda/Koala Retail Investor
Performance at Year End 2022 - 23 years across market cycles! It is very hard to beat Earn More strategy!
The only consolation to ourselves is that investing for dividend income is lifelong affair while earned income as employee has limited lifespan!
Read? Time in the Market > Timing the Market??? (4)
It is very long journey with plenty of emotional rides across volatile market cycles; but when we retire with this freehold and passive dividend income! It is SWAN! Sleep Well At Night! LOL!
Read? Wise Words Series - Part 2
"We become what we behold. We shape our tools and then our tools shape us." Larry Williams
Rule 1. It's all about survival
No platitudes here, speculating is very dangerous business. It is not about winning or losing, it is about surviving the lows and the highs. If you don't survive, you can't win.
The first requirement of survival is that you must have a premise to speculate upon. Rumors, tips, full moons and feelings are not a premise. A premise suggests there is an underlying truth to what you are taking action upon. A short-term trader's premise may be different from a long-term player's but they both need to have proven logic and tools. Most investors and traders spend more time figuring out which laptop to buy than they do before plunking down tens of thousands of dollars on a snap decision, or one based upon totally fallacious reasoning.
There is some rhyme and reason to how, why and when markets move - not enough - but it is there. The problem is that there are more techniques that don't work, than there are techniques that do. I suggest you spend an immense and inordinate amount of time and effort learning these critical elements before entering the foray of financial frolics.
9. Your fortune will come from your focus - focus on one market or one technique.
A jack of all trades will never become a winning trader. Why? Because a trader must zero in on the markets, paying attention to the details of trading without allowing his emotions to intervene.
A moment of distraction is costly in this business. Lack of attention may mean you don't take the trade you should, or neglect a trade that leads to great cost.
Focus, to me, means not only focusing on the task at hand but also narrowing your scope of trading to either one or two markets or to the specific approach of a trading technique.
Have you ever tried juggling? It's pretty hard to learn to keep three balls in the area at one time. Most people can learn to watch those 'details' after about 3 hours or practice. Add one ball, one more detail to the mess, and few, very few, people can make it as a juggler. It's precisely that difficult to keep your eyes on just one more 'chunk' of data.
Looks at the great athletes - they focus on one sport. Artists work on one primary business, musicians don't sing country western and Opera and become stars. The better your focus, in whatever you do, the greater your success will become.
Uncle8888 re-learnt Rule 9 and testified it!
Read? Lion HST vs CSOP HS Tech (3)
First time stepping out of local market into HK Tech and kena whacked big time and never again! KNS!
The worst performing stock in Uncle8888's portfolio down -49% without a single cent of Panadol to ease heartache! Pain at the Max!
10. When in doubt, or all else fails - go back to Rule One.
So, you have money management under control, have a valid system, approach or premise to act upon - you still need control of yourself.
By 9M2022, Keppel had announced monetisations of S$4.4 billion worth of assets and is on track to exceed its target of S$5 billion by end-2023.
Last special dividend of S$0.05 in FY 2018!
Next one in FY 2022 after 4 yrs?
Just return 5% or 10% of $4B i.e. $200M or $400M to shareholders is $0.112 or $0.224 per share in special dividend. :-)
Read? Ho Ching: Buying an HDB flat akin to paying same rent without inflation in advance for decades
Read? Are HDB Flats Affordable? (Dec 2022)
Uncle8888 got his Diploma in 1982 through 5-yrs part-time course and with his Diploma he was promoted from Technician to Technical Officer.
When Uncle8888 bought his 4 RM HDB flat in 1987; his monthly salary is $775.
Are HDB flats affordable in 1987 (5 yrs after fresh graduate and annual increment at $25) and in 2022 for fresh Diploma?
One data point contribution from Uncle8888 is ....
Not that scary leh!
Read? DBS : ONE STEP CLOSER TO SGD 6.00
Her DBS call at $6 really entertaining! But see the real stories on ground who were waiting for $6 during GFC!
How many have regretted not accumulating when DBS went down below $7 or $8?
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Keppel Offshore & Marine to pay S$88 million in resolution with Brazilian authorities for corruption case
With the earlier agreement in 2017 and this additional deal, Keppel said it does not expect further grounds for liability in Brazil for this case.
Keppel $5 based on the above news???
Walan!
Some Gurus can be really entertaining with their calls! More shorting from her followers! LOL!
$5 is possible after XE of 19.1 SML distribution!
Read? Thinking Like A ROC Hog For Kep Corp Round 104 and 105
Tuesday, 30 June 2020
Uncle8888 blogged about it! :-)
Let assume average Uncle8888's HDB 4 room rental is about $1K per month from 1987 to 2020 and over 34 years of rental expenses is 34 X 12 x $1K = $408K
He has already saved $408K - $55K = $353K!
Assuming $1K per month for the next 65 years till end of 99-year lease.
Another 65 years to go till end of 99-year. Total rental expenses is $408K + $780K = $1.2M
He will be saving more than $1M in rental expenses over 99 years!!!
Why kpkb on about worthless 4 RM HDB at the end of 99-year lease?
Scratching head!
Read? Ho Ching: Buying an HDB flat akin to paying same rent without inflation in advance for decades
Read? Am I worry about worthless 4 RM HDB at the end of 99-year lease? (3)
Next year, recession?
Dividends kena cut again?
Monday, 12 September 2022
Wah! Santa Rally in STI?
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% , 214% , 215% and 216%!
Panda is back to dancing and smiling again in local SGX! Shiok!
Read? SML - Unexpected Touchstone From Temasek Right Issue!
From Sianz to Smile as of now!
Read? You Are Stupid To Lose Money In Your O & G Investment! Blame Yourself For Stupidity!
The Past. The Present and The Future!
When investing over decades in the stock market; our Present is the outcome of our Past. The Present is NOT our Future. We have to keep learning, revising and refining our investing strategies.
Read? Why Pursue Financial Freedom? (6) - Refresh!
Read? FI or FIRE? What Next? What Other FIRE Bloggers May Have Not Mentioned These
Read? You think it is so easy to retire early???
FIRE is more than just financial readiness or financial independence! We will need solid reasons or meaningful objectives to retire early. Uncle8888's block has two early retirees but they didn't called themselves Stay-at-home-dad. Women who early retired are more likely to label themselves as housewives or stay-at-home-mum. See the gender inequality or difference. LOL!
Uncle8888 just came across another case of FIRE and then back to office. It shows that early retirement is NOT that easy. It is always more than just financial means to FIRE!
Case 6 is an interesting one as he is Trainer for Early Retirement Masterclass!
Never mind! We can always FIRE and then De-FIRE after that! LOL!
Thursday, 16 October 2014
Read Kep Corp : Bought @ $9.64 for Round 95
Finally after 8 years of sucking bitter Panadols to ease heartache; Round 95 has breakeven!
Trading and investing is all about market timing on our entries and exits. Got that timing wrong! Suck Panadols!
Buy back is also NOT easy!
If you have been into investing forums; you will often read that someone will shout take profits and buy back later!
Buy back later can also get us into deep shit and suck Panadols!
Read? Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (2)
CW8888: Post O&M, Kep Corp is more like an income stock with its Vision 2030 and that is good for Uncle8888's retirement income portfolio. :-)
Pre-EGM Virtual Dialogue Session for Retail Shareholders hosted by SIAS
Read? Here’s How Much You’d End Up with If You Had Invested S$20,000 in UOB a Decade Ago
Last year, we conducted such a thought experiment with Singapore’s largest bank, DBS Group (SGX: D05).
We showed that S$10,000 invested in a reputable bank would have garnered you S$25,688 in a decade.
This is NOT a thought experiment; but Real People and True Stories on DBS!
Uncle8888 invested S$7,530 in DBS and made S$43,130 in two decades or 573% ROC!
Total dividends accumulated over 20 years is S$15,710 or 209% ROC; and it is kept safely in CPF OA earning 2.5% interests P.A. No compounding return. It is just holding on to DBS as Yield Hog over 20 years!
Real People and True Stories on DBS
Read? On why sound investing principles will always work??? (2)
Read? DBS - Time in the market or Timing the Market?
One Trainer Guru shouted DBS down to $6! LOL!
Read? DBS : ONE STEP CLOSER TO SGD 6.00
FTX bankrupt! Big deal? Even oppo MPs also kpkb on Temasek in parliament liao!
Read? Lost Your Money In Hyflux???
Read? Got cheated on Land banking, Oilpods, etc?
Read? Understanding 7 Common Stock Market Risks As Retail Investors
Read? Understanding Stock Market Risks - Financial Fraud Risk is Real! (5) - Refreshing
Read? Investment Scams and Frauds. Any difference? Just Repeating In New Forms!
Read? Police warn of fake website claiming to help FTX investors withdraw crypto funds
Any difference?
According to the police, the fake website is supposedly hosted by the US Department of Justice and prompts FTX customers to log in to the website with their account details.
It would then claim that customers "would be able to withdraw their funds after paying legal fees".
Real People. Real Losses
CW8888: Time-sharing scam; one ex-colleague lost money his money. One agency stepped in and called for a meeting for investors to put up $5K each and collectively the agency would have enough fund to fight the case and retrieve some lost money.
The Agency subsequently also disappeared.
Beware! There are scammers looking for a kill and scavengers looking for your dead bodies too.
Read? People are gullible to believe whatever’s told to them': Inside the mind of an ex-scammer
Luna and FTX. Juicy yield!
Read? Better safe than sorry: Resist urge to invest in too-good-to-be-true schemes
Real People. Real Losses
CW8888: Oilpods scam; one ex-colleage's spouse, siblings and close relatives all die together!
Read? What Is Anti-Fragility?
Hmm ... Did Uncle8888 build a resilience or antifragile investment portfolio over 23 years as Panda/Koala in Singapore local stock?
Does it really matters?
Resilience or antifragile?
Anti-fragility goes beyond robustness; it means that something does not merely withstand a shock but actually improves because of it.
Hmm ... it looks like we have to build a resilience investment portfolio first and then we have decent level of war chest across market cycle to withstand a bear shock and deploy war chest and keep improving the robustness of our portfolio for next cycles. Tio bo?
Read? FTX: The Straw That Broke The Camel’s Back
Quote : "I am probably down a year’s income for crypto and half that for HK stocks. These are my biggest paper losses to date and I can finally appreciate why older folks talk about “chopping off fingers” and never touching the stock markets again."
We need to go through ourselves through those moments of chopped finger and never again!
Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???
Do we often ask themselves on Where does the money come from??? (4) on our winning positions and especially huge gains?
How to predict Mr Market's action?
Closed the day before XD $34.18; Uncle8888 thought he will be sucking bitter Panadol again on XD. It will gap down and falls farther!
In Uncle888's investment kakis Whatapps group; more than half of them have already applied for T-Bills using CPF OA/SRS!
That 1.5% dilemma in CPF OA again or this was due to Caught that Fat Rabbits syndrome in 2001, 2002 and 2003! LOL!
Read? Is STI nearer or farther away from 1200?
Read? Following someone investing idea? (2)
"When you see your favourite blogger bought something e.g. a few bunches of banana and that doesn't mean it is a good time for you to buy a few banana too.
Your favourite blogger may be a 800 pounds Gorilla sitting on high level of cash and gobbling up a few bunches of banana here and there is not going to cause any problem.
But, to a small Monkey on low cash level is different. Just eating up one bunch of banana may cause indigestion if got it wrong. In the stock market, small Monkey can't behave like giant Gorilla."
Real happening in ex-famous cbox where most of the monkeys in that cbox were feeling down due to lack of bullets to hoot more in 2009. This Gorilla-cboxer kept buying and buying. When the market and economy finally recovered; he showed us his 6 digits passive income! LOL!
Uncle8888 personally learnt this real life lesson about investing in the stock market on the ground! LOL!
Read? Does Your Account Size Matter? - Part 3
Read? 19.1 SML in specie from Kep Corp. Is this time different from SCI?
Read? Kep Corp : Bought @ $7.02 for Round 105
Uncle8888's Maths vs Kep Corp Sellers. Did he miss out something that Mr Market know about it?
Lesson learnt from SCI for not adding new positions for SCI's SML in specie! LOL!
Is this time any difference?
Kep Corp TA @ and SML back to its 52WL @ 0.081
What is his chance of losing money on Round 104 and 105?
That time SCI was holding bloody smelly oily SML so Mr Market was happy that SCI has let go that bloody baby!
At today closing
SCI + 4.911 SML = $2.23 + 4.911 X $0.2 = $3.21
To those who are still holding smelly SML and green SCI by sucking Panadols; probably the worst is over!
This time SML not so smelly!
How different this time with Kep Corp?
Kep Corp + 19.1 SML = ??? How big will be XMAS present from Keppel in Dec?
52WH is $7.54!
How low will this round of Fear in 2022 causing more selling? Stocks are rotting!
Omicron 2021 or COVID-19 2020?
Read? Winning The Loser's Game (3)
After 23 years across market cycles; it is still the same old Game of Capital of trying to win the Loser's Game and still not much better in winning this Loser's Game on based on Win$/Loss$ ratio! Sianz!
Experts keep warnings on recession coming so Uncle8888 is expecting some dividends cut in 2023!
Another hard time for retirees depending on investment income. Sianz!
Oct 22 STI crashes and bottom out?
Past data points can be used as a guide to do some betting or speculating?
Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the S&P 500 to a new 2022 low.
The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62.
Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020.
Friday marked the last day of the month and the third quarter. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.
Let see any panic from Panda/Koala on Monday to begin Oct!
Read? STI Entering Bear Market Soon???
Sep is over. Oct crash?
Market takes Big Steps down; but climbs back up in small steps! Bo pian!
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