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.

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!

Currently; it about 54% to destination!


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

Sunday, 22 May 2022

As Retiree, I have Effectively Reduced From Triple Whammy From The Last Bear In 2008/2009 To Double Whammy In The Next Bear!

This is how Uncle8888 as retiree has reduced from Triple Whammy in the last GFC Bear in 2008/2009 to Double Whammy in the next Bear market!

Triple Whammy: Realized losses, Unrealized losses and Paper profits disappeared fast!

Double Whammy : Just Unrealized losses and  Paper profits disappeared fast as 100% of realized profits and dividends will be cashed out to Cash Reservoir to support future household expenses.

Using only invested capital recycling strategy in the investment portfolio to generate retirement income for life!



Saturday, 21 May 2022

Of Course We Are Not Afraid Of Losses Due To Our Position Sizing BUT ... (2)

Read? Of Course We Are Not Afraid Of Losses Due To Our Position Sizing BUT ...

Any Unrealized Profits or Losses will always affect our investment performance at ATH to next CRASH; and then how many years it will take for us to recover that CRASH from ATH to the next new ATH?

So is any unrealized profits or losses REAL or not?

It took 8 years to reach new ATH in 2007 from 2000 and just one year to drop -53% from an ATH; and then it took another 9 years to hit the next new ATH in 2018! 

9 Lost years!

How many lost years can we afford in the market?

So is any unrealized profits or losses REAL or not?

Don't ask retirees as realized profits always are their retirement income for spending!






Thursday, 19 May 2022

Dow drops 1,100 points for its biggest decline since 2020 as the sell-off this year on Wall Street intensifies

 The Dow Jones Industrial Average posted its biggest loss since 2020 on Wednesday after another major retailer warned of rising cost pressures, confirming investors’ worst fears over rising inflation and rekindling the brutal 2022 sell-off.

The Dow shed 1,164.52 points, or 3.57%, to 31,490.07, the average’s biggest decline since June 2020. It was the lowest close for the Dow since March 2021.



Monday, 16 May 2022

Snake Oil Marketing? Lehman Brothers MINIBonds Vs Stablecoins. Same same?

What is Lehman minibonds?

Minibond is a brand name for a series of structured financial notes issued in Hong Kong and Singapore under the control of Lehman Brothers.

Read? STICK TO BASICS OF INVESTING TO RIDE OUT THIS PERIOD

MINIbond will make it sounds safer and suitable for those looking for yield!

How about Stablecoins?

TerraUSD and luna are known in crypto circles as stablecoins, which means their value is tied to a commodity or a currency. Stable sounds quite safe and less volatile? 19% yield p.a. Just need five years to reach Freehold investment income for life!

This time is different from Lehman Brothers saga!

Older folks are more likely to stay away from Crypto! Right? 


Of Course We Are Not Afraid Of Losses Due To Our Position Sizing BUT ...

Uncle8888 has truly learnt this Lesson in GFC 2008. Of course; he was not afraid of unrealized losses due to strict position sizing of NOT more than 10% of his total capital in any one counter. He knew he would not be wiped out due to losses in any counter. BUT; when unrealized losses in his portfolio started to escalate and escalate faster in mid 2008. His ball dropped and nightmares began when he realized the next few years of higher expenses for his two children university education! Lost his job! Money how?

Read? Soon ... The Greatest Relief Is I have Sold!!! (2) --> Uncle8888 has learned this painful lessons in 2008 GFC for his two children university fund where he was forced to cut his losses in Nov 2008 due to fear of Depression 2.0 to raise $80K in cash to ready this uni fund for his children starting their first semester in Jul 2009.

Read? More money probably won't make us significantly happier???

Read? Turnaround from your chart 2008-2012?


Sunday, 15 May 2022

Where does the money come from??? (4)

Read? Where does the money come from??? (3)

Read? Investing Made Simple by Uncle8888 (6) - About time to refresh it!

Read? More on Retained Earnings

Read? What Wrong With Yield Pig???

Luna 20% Yield? Shiok!

Seriously, we have to ask and think deeper where does the money come from?

1. At mahjong table

2. At casino

3. At ToTo 

4. At stock market

Answer for 1 to 3 is pretty obvious; but 4 may be tricky for confused retail traders or investors.

Seriously, we must know where does the money come from before putting our hard earned savings in the market. 

"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

Saturday, 14 May 2022

The Great Difference Between Retail Traders And Retail Investors??? (2)

Read? The Great Difference Between Retail Traders And Retail Investors???

Read? 100X versus 99%

Short or Long ONLY!

What the difference beside 100X versus 99%?

Long ONLY, we can hold forever and receive dividend income for life; but Short for forever will mean you are paying interests on Short and money out of your pocket for life!

So the difference is Forever! LOL!




Friday, 13 May 2022

Thursday, 12 May 2022

Dow declined by just over 1% to close at 31,834.11

U.S. stocks dropped sharply Wednesday afternoon as investors digested a key report on the state of inflation in the U.S., which came in hotter-than-expected across most major metrics.

The S&P 500 fell by more than 1.5%, erasing earlier gains of as much as 1.2%. The index settled at 3,935.18, or its lowest level since March 2021. The Nasdaq dropped more than 3%, to end at 11,364.24, while the Dow declined by just over 1% to close at 31,834.11. Treasury yields gave back earlier gains, and the benchmark 10-year yield fell back below 3%.

The moves came in the wake of the Labor Department's April Consumer Price Index (CPI), which offered an update on price increases across the U.S. economy. While the report showed some deceleration in inflation compared to March, the rate of price increases came in well above many economists' estimates.

CW8888: Gap between DOW and STI are narrowing! 



Wednesday, 11 May 2022

The Great Difference Between Retail Traders And Retail Investors???

Uncle8888 still can remember donkey years ago in late Investing Trainer-Guru's forum the great debate between this Guru and one veteran retail trader on the great difference between investing and trading and why he discouraged trading!

Most successful and confident retail investors like Guru himself dare to expose 50% or more of their net worth into stock market to build investment portfolio; and Guru asked the veteran retail trader if he knew any retail traders putting 50% or more of their net worth into their trading account? No? That is the great difference! LOL!



Saturday, 7 May 2022

All Time Highs; All Time Lows.! It doesn't matter right?

Read? All Time Highs; All Time Lows

For retirees like Uncle8888; this one really matters and other matters like Investing Is A Tale Or Story Of Hindsight Wisdom, Regret And Sorry??? (2)

Dividend income for H1 2022 and looking forward to Aug/Sep/Oct to complete retirement income for 2022 to top up Cash Reservoir!

Read? Real Life Lessons Learnt During Market And Economics Crisis







Friday, 6 May 2022

Stock futures are little changed after Dow’s worst day since 2020

The volatility in DOW hasn't infect STI yet!

STI got vaccine to protect?

Stock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020.

Futures on the Dow Jones Industrial Average were near flat. S&P 500 futures traded near the flatline and Nasdaq 100 futures ticked up less than 0.1%.

The moves came after stocks sold off sharply in Thursday’s regular session. The Dow lost more than 1,000 points and the tech-heavy Nasdaq Composite fell nearly 5%. Both indexes notched their worst single-day drops since 2020. The S&P 500 fell 3.56%, its second-worst day of the year.



Thursday, 5 May 2022

Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income??? (2)

Read? Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income???

Loan rate is rising so banks should be making more money!

18 months of loan interests payment and another 18 months to go. Monthly annuity payout after loan interests starts from 37th month.

Let see when it will hit the projected rate of 2.5% before monthly payout!





Wednesday, 4 May 2022

Oceanus : Bought @ $0.017 for Round 6

Read? Oceanus : Salted Fish Flips Over???

Take one dose of poison before turning into salted fish and write off!

Tuesday, 3 May 2022

DBS

Continue to suck Panadols or chance to sell a new high?

XD on 11/5.

Read? DBS : Passive (Buy and Freehold) for passive income vs Active (Trading on Core position) for cash flow?





Saturday, 30 April 2022

Earned Income After Tax vs Net Investment Gains

Should young ones focus more on their earned income or investment?

Uncle8888 not really good at investing! Data points proved it!



Take Risks : Investment Portfolio Management And Position Sizing

Read? Take Risks

Yes! Especially true for investing strategies!

Winners lead!

Losers guide!

Position sizing is critical for winners to lead and losers to guide to stay alive in the market! 

See losers chopped fingers and NOT guide!

Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???




Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month

Sell in May and Go Away started???

In local market SGX; it is Collect dividends in May and Go away sucking Panadols!

It looked like STI doesn't follow DOW volatility liao!






Thursday, 28 April 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (14)

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (13)

Uncle8888's Three Little Pigs are taking their turn to dance to new 52WH to power up his portfolio to new ATH! Shiok! Sector rotation in play really help!

Kep Corp shiok! Today XD @ $0.21 and then up another $0.20.  Total $0.41. It really helped to push portfolio to new ATH @ 207%

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% and 207%!

When will be the Party music ends???




Sunday, 24 April 2022

What Wrong With Yield Pig???

Read? 10% dividend yield for 10 years? Fact or Fiction? (2) - updated after 9 yrs!

Read? Three Little Pigs In The Stock Market - Part 3

Next week, SCI XD on 26/4 and Kep Corp XD on 28/4 for 2022H1. 

Looking forward to add more passive income in 2022 H2 as yield pig!








CLI

 


Kep Corp

 


Saturday, 23 April 2022

Dow plunges more than 900 points for its worst day since 2020, falls for a fourth straight week

 Stocks plunged on Friday, with the Dow Jones Industrial Average suffering its worst one-day loss since the throes of the pandemic, as the latest raft of corporate earnings and the prospect of rising rates spurred a wave of selling.

The Dow fell 981.36 points, or 2.8%, to 33,811.40. The S&P 500 was 2.8% lower at 4,271.78, for its worst day since March. The Nasdaq Composite declined by 2.6% to 12,839.29. Friday’s loss was the biggest for the Dow since Oct. 28, 2020.

UnitedHealth fell more than 3%, shaving more than 100 points off the Dow. Caterpillar also took out nearly 100 points from the 30-stock average, dropping 6.6% on the day. Goldman Sachs, Home Depot and Visa were also big downside contributors.

Those losses put the Dow down 1.9% for the week, its fourth straight weekly decline and its ninth losing week of the last 11. The S&P 500 posted a 2.8% weekly loss, marking its third straight one-week decline. The Nasdaq was the laggard this week, losing 3.8%.

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

Will uninspiring STI follow Uncle DOW big fall on Monday? 

How many will panic selling or shorting?










Friday, 22 April 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (13)

Monday, 28 March 2022

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (12)

Read?My Three Little Pigs : Kep Corp, Sembcorp Ind and DBS

After resting for 26 days; Panda is back to dancing to a new ATH @ 204%! This time banks are down; but Corpses are rising high! 

Uncle8888's Three Little Pigs are taking their turn to dance to new 52WH to power up his portfolio to new ATH! Shiok! Sector rotation in play really help!

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% and 204%!







Saturday, 16 April 2022

Investing Is A Tale Or Story Of Hindsight Wisdom, Regret And Sorry??? (2)

Read? Investing Is A Tale Or Story Of Hindsight Wisdom, Regret And Sorry???

Read? 5 Worst-Performing Straits Times Index Stocks Over the Past 10 Years

Uncle8888 smiled when he read 5. Keppel Corp: -11.4%

Finally, in fifth place is Keppel Corporation (SGX: BN4), the Singapore-based conglomerate that has interests in property, infrastructure and offshore & marine businesses.

Over the past 10 years, Keppel shares have delivered a total return of -11.4%.

During the 2010s, its offshore & marine segment was hit hard as oil prices plummeted in the middle of the decade.

See lah! It shows that investing is tale or story of hindsight wisdom, regret or sorry!

If we changed the time frame of Kep Corp to over past 20 years; then buy and hold over long term becomes buy and freehold - investment income for life!

Read? One Day; I Will Breakeven!








Friday, 15 April 2022

SML - $91.34M changed hand

Read? SML - Unexpected Touchstone From Temasek Right Issue!

Who is right? Buyers or Sellers?





Investing Is A Tale Or Story Of Hindsight Wisdom, Regret And Sorry???

Olam and SML right issues at that time; Uncle8888 was like .... 

WTF to throw more good money at bad money! 

TemaSICK again!!!



Sunday, 10 April 2022

DBS : Passive (Buy and Freehold) for passive income vs Active (Trading on Core position) for cash flow?

Read? On why sound investing principles will always work??? (2)

Time to sell DBS if you happen to follow that forum on DBS crashing to $6 by the Guru?

Your entry price for that position matters the most and there after you have options to be active cum passive on core position and that is why we MUST buy slowly when market started going down and crash and recover.

Buy and Freehold on dividends paying blue chips are more relaxing and assuring that some income will flow into our bank accounts especially when we are retirees. 

Trading on core is NOT easy as there is no sure formula. Hmm .. Okay if you believe in those investing or trading ads telling you winning formula on their methods. Go for them as course fee is cheaper than your losses! LOL!

Read? DBS: Bought Back For Round 30 @ 31.88











Saturday, 9 April 2022

Kep Corp

Read? Kep Corp : Bought @ $5.18 for Round 101

Breakout on positive outcome of merger news???






Thursday, 7 April 2022

CLI: Bought $3.98 for Round 2

 Q Max $3.98 for quite some time and today tio hit!

SATS : Bought $4.28 for Round 3

Q Max $4.28 for quite some time and today tio hit!

Read? SATS : Bought $3.98 for Round 2

Saturday, 2 April 2022

How To Know Our Financial Independence Number And 4% Withdrawal Rule?

Read? What Next After Reaching the EDGE of Financial Independence???

Uncle8888 based on his tracking of annual household expenses to derive the number to reach Financial Independence with 4% Withdrawal rule. i.e. FI = Net worth assets excluding residential home = 25 x Highest household expenses tracked since 2002!

Somehow SARS and COVID soften the FI number based on 4% withdrawal rule. We can expect more such virus in the coming decades!




Monday, 28 March 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (12)

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (11)

Read? Sembcorp Ind + 4.9 SML in specie Is Greater Than Sum of parts for Semcorp Ind with 61% SML holding ??? (2)

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% and 202%!

Party and fun are still going on and even oily and smelly SML also join in the fun i.e. up 9.6%! 

SML right issue is sitting on 28% paper gains! Shiok! Temasek laughing to bank!

STI testing strong resistance and more Bulls please come and break it!






Saturday, 26 March 2022

Home Bias Panda/Koala No Good Meh!

Read? Lion HST vs CSOP HS Tech (3)

Just a short moment of shiokness of getting out from home bias!

Uncle8888 later kena slapped left, right and centre by stepping out of home bias Panda. KNS!

Lion HST down -46% at last Friday closing!  It has become salted fish without Panadols! KNS!

Don't be home bias! Chun bo?



Thursday, 24 March 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (11)

Panda's Investment Portfolio Hits A New All Time High Record In An Uninspiring And Boring SG Stock Market! (10)

Panda dances to a new ATH with 3-Bagger Portfolio hit today!

Shiok! Sibei song and Bom pi pi!

Panda knows very well it is just an illusion of wealth in the stock market!  Time to take some profits??? or the night is still young???

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% and 201%!







Monday, 21 March 2022

Panda's Investment Portfolio Hits A New All Time High Record In An Uninspiring And Boring SG Stock Market! (10)

Read? Panda's Investment Portfolio Hits A New All Time High Record In An Uninspiring And Boring SG Stock Market! (9)

Panda smiling wide again! 

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% and 199%!

Shiok man and waiting for XD next month while dancing!





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