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!

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

Friday 30 December 2022

Ending Year 2022 As Panda/Koala Retail Investor In Local SGX And Looking Forward to 2023!

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!

Burnt By S-Chips In GFC 2008/2009! This Time Burnt By HK Tech! What Is The Difference?

Read? Singapore Stock Market Is Crap! Can Panda/Koala Investors Still Survive On Scraps???

Prof Mak notes that 10 years ago, Singapore was home to more than 150 "S-chip" companies, or Chinese companies listed on SGX. This number is down to just 71 today, and could drop even further, he warns.

"Just over the first six months of this year, another six S-chips have disappeared. I am not saying they are all going to collapse, but I think we will continue to see more doing so," he says.

What was once an "S-chip problem" has spread to the rest of the market over the past few years. Big companies like Hyflux and Noble, Singapore-based companies like Best World and Trek 2000, and Eagle Hospitality Trust are some of the names that have collapsed, wiping out investors' money along with them.

Late comers or FOMO are more likely to be punished by Mr Market???

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!

Wednesday 28 December 2022

Timing The Market AND Then Time In The Market Is A Long Journey Towards Your Freehold And Passive Dividend Income For Your Retirement Planning

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!

Sunday 25 December 2022

Those Lessons Learnt And Re-enforced As Retail Investor Through Long-term Investing And Short-term Trading Across Market Cycles In Local Market SGX

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.

Saturday 24 December 2022

Yield Hog On Keppel Corp : Special Dividends in FY 22 H2?

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. :-)

Thursday 22 December 2022

Are HDB Flats Affordable In 1987 And In 2022?

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!

Wednesday 21 December 2022

Kep Corp downs to $5???


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?


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???


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

Sunday 18 December 2022

Ho Ching: Buying an HDB flat akin to paying same rent without inflation in advance for decades

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)

Friday 16 December 2022

6 Years (2017 to 2022) Into Retirement Income From Local Market - SGX As Panda/Koala Retail Investor

Next year, recession?

Dividends kena cut again?

Monday 5 December 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (20)

Monday, 12 September 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! (19)

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!

Sunday 4 December 2022

SML - Unexpected Touchstone From Temasek Right Issue! (2)

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.

Saturday 3 December 2022

FI or FIRE? What Next? What Other FIRE Bloggers May Have Not Mentioned These (2)

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 1 December 2022

Update For Kep Corp Round 95

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!

Wednesday 30 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (3)

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 

Tuesday 29 November 2022

Here’s How Much You’d End Up with If You Had Invested S$7,530 in DBS During 2003 SARS Period Two Decades Ago

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!


Friday 25 November 2022

Sunday 20 November 2022

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!

Building A Resilience Or Antifragile For Retirement Income? Does It Really Matter?

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?

Saturday 12 November 2022

Chopped Off Fingers Liao!

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?

Friday 11 November 2022

DBS XD Gap Up By 62 cts! Dividend $0.36

 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!

Tuesday 8 November 2022

CPF OA for T-Bill 4.1%! That 1.5% Dilemma Again!

Read? Young CPF Members Should You Transfer CPF OA TO SA For additional 1.5% Compounding Interests Over Next Few Decades?

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?

Sunday 6 November 2022

Following someone investing idea? (2) - Refresh!

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 

Friday 4 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105

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?

Saturday 29 October 2022

SML : Anymore kpkb selling on unfair distribution???

 Countdown to Dec Xmas present from Kep Corp!

Friday 28 October 2022

No STI Crash In Sep/Oct 2022


19.1 SML in specie from Kep Corp. Is this time different from SCI?

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

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!

Friday 21 October 2022

STI - How Low Can It Go?

How low will this round of Fear in 2022 causing more selling? Stocks are rotting!

Omicron 2021 or COVID-19 2020?

Sunday 16 October 2022

Winning The Loser's Game (4)

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!

Saturday 15 October 2022

Recession in 2023 and illusion of wealth from ATH in the stock market; but real investment income for retirees if cashed out from investment portfolio!

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!

Thursday 13 October 2022

STI breaking down to 2,960??


Sunday 2 October 2022

STI Market Cycles Since 1987

Oct 22 STI crashes and bottom out?

Past data points can be used as a guide to do some betting or speculating?

Saturday 1 October 2022

Dow tumbles 500 points on Friday to end September down nearly 9%

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!

Friday 30 September 2022

STI Entering Bear Market Soon??? (2)

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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