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

Wednesday, 28 September 2022

Monday, 26 September 2022

Kep Corp : Bought @ $7.02 for Round 105

Read? Kep Corp : Bought @ $7.28 for Round 104

Buy back for Round 102 @ $6.57 completed!


Saturday, 24 September 2022

How to know you have achieved Mastery? (2)

Read? How to know you have achieved Mastery?

Bear coming to DOW on Monday?

Bear also coming to STI after that?

Uncle8888's war plan to hoot the new Bear!




















Dow drops nearly 500 points to close at new low for 2022 on rising recession fears

Stocks tumbled Friday to cap a brutal week for financial markets, as surging interest rates and foreign currency turmoil heightened fears of a global recession.

The Dow Jones Industrial Average tumbled 486.27 points, or 1.62%, to 29,590.41. The S&P 500 slid 1.72% to 3,693.23, while the Nasdaq Composite dropped 1.8% to 10,867.93.

The Dow notched a new low for the year and closed below 30,000 for the first time since June 17. The 30-stock index ended the day 19.9% below an intraday record, flirting with bear market territory. At one point, the Dow was down more than 826 points.

Wah! New low in 2022 for DOW!

Let see how STI reacts on Monday!



Wednesday, 21 September 2022

Diminishing Bear Market Impact To My Portfolio As Retiree (Year 7)

Read? After Point X.....

Uncle8888 finally realized this - with each passing year as retiree who cashed out 100% of dividends received and any realized capital gains to fund household expenses; there will be diminishing bear market impact to his portfolio! No BS!

1. 100% of dividends received and any realized capital gains.

2. Just recycle any recovered investment costs into his War Chest to fight the next pull back, correctio or market crash to calibrate investment income.

A few more years; it will become freehold investment income for life! Best in Singapore SGX! LOL!





Saturday, 17 September 2022

Kep Corp - Fishy Closing On Friday (16 Sep 22)

Kep Corp has completed its $500M share buyback program. The last share buyback was on 13 Sep 22.

A spike in closing price from 7.23 at 16:59 to 7.31 at 17:04 and then closed at 7.31 with 77% of total day volume!

This huge last minute buy up was not supported by Kep Corp share buyback program and also disappearance of sellers below 7.31. Who are these buyers at closing? Interesting reference for next week market actions.







Friday, 16 September 2022

Kep Corp : Bought @ $7.28 for Round 104

Read?  Kep Corp: Round 102-2 (100%) Sold $7.35

Replay towards 52WH @ 7.54!



Wednesday, 14 September 2022

What you will never hear at any investment seminars? (2)

Read? What you will never hear at any investment seminars?

Read? Compounding Investment Return Pornography???











Stock futures inch higher after major averages suffer worst day since June 2020

 Walau! Let see how STI react today! Income investors in SGX also panic???

Stock futures inched slightly higher in overnight trading Tuesday after another hot inflation reading sent the major averages tumbling to their worst day since June 2020 and dampened investors’ expectations of a less hawkish Federal Reserve.

Futures tied to the Dow Industrial Average last added 68 points, or 0.22%, while S&P 500 futures and Nasdaq 100 futures each inched about 0.2% higher.

During Tuesday’s regular trading session the Dow sank 1,276.37 points, or 3.94%, to close at 31,104.97, while the S&P 500 slid 4.32% to 3,932.69. The Nasdaq Composite toppled 5.16% to 11,633.57. All the major averages broke a four-day winning streak.

The market moves came after August’s consumer price index report showed headline inflation rose 0.1% on a monthly basis despite a drop in gas prices.

The hot inflation report left questions over whether stocks could go back to their June lows or fall even further. It also spurred some fears that the Federal Reserve could potentially hike even higher than the 75 basis points markets are pricing in.

“It caught the market off guard,” said LPL Financial’s Quincy Krosby. “The market had been expecting at least that we had leveled off — perhaps not moving downward but certainly not climbing higher. It was the wrong direction and the concern, of course, is always translated into what does this mean for the Fed.”

All 30 Dow stocks and S&P 500 sectors finished the session lower, led to the downside by communications services. The sector fell 5.6% and finished its worst day since February, dragged down by shares of big technology names like Netflix and Meta Platforms, which tumbled about 7.8% and 9.4%, respectively.

A reading of the producer price index is due out Wednesday morning and could offer further clues into the state of inflation before the Fed’s rate-hike meeting








Monday, 12 September 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (19)

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (18)

Walau! Party music is still strong! Shiok!

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% , 214% and 215%!




Thursday, 8 September 2022

Singtel

 


Tuesday, 6 September 2022

Thursday, 1 September 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (18)

Thursday, 25 August 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! (17)

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% and 214%!

This time is powered up by Kep Corp! A new 52WH @ 7.45 exceeding Temasek offer price @ $7.35! Sibei steady!








Kep Corp: Round 102-2 (100%) Sold $7.35

Read? Kep Corp: Round 103 Sold $7.12

Round 102-2: ROC 11.5%, 114 days, B $6.57 S $7.35

Round 103: ROC 2.2%, 4 days, B $6.94 S $7.12

Round 102-1 (50%): ROC 7.4%, 100 days, B $6.57 S $7.08

Round 94: ROC 2.3%, 154 days, B $9.85 S $10.14 (Bought back at higher price. Last sold @ $9.05)

Round 93: ROC 5.7%, 67 days, B $8.50 S $9.05

Round 92: ROC 10.6%, 166 days, B $7.98 S $8.89

Wednesday, 31 August 2022

Kep Corp

Offer Details

If and when the Partial Offer is made, the Offeror will offer S$7.35 in cash (the “Offer Price”) for each Share acquired as part of the Partial Offer, implying a premium of approximately 26% over S$5.84, being the last traded price per Share, and a premium of approximately 21% over S$6.07, being the volume weighted average price per Share (the “VWAP”) for the three-month period prior to and including Friday, 18 October 2019. 

Read? 50-50 Bet On Temasek Not Walking Away

Three years liao!

Finally; Kep Corp is now nearer to kena played out price at $7.35 by Temasek! Three long years of sucking Panadols by betting on Temasek $7.35!



Sunday, 28 August 2022

Investing Lessons That You Can Learn From Real Life Veteran Retail Investors (2)

Read? Investing Lessons That You Can Learn From Real Life Veteran Retail Investors

Read? The Lifelong Joy Of Dividend Investing As One Source Of Retirement Income From A Freehold Investment Portfolio

Two phases in his long investing journey since Jan 2000 (23 yrs) towards to the Land of Investing Nirvana where he will be receiving freehold investment income for life!

Pre-retirement - Wealth accumulation phase i.e. capital recycling, reinvesting and compounding his wealth in the Market!

Post-retirement - Wealth decumulation phase i.e. just invested capital/cost recycling and 100% yearly investment income (dividends, interests and realized capital gains) were cashed out as retirement income for life!

With each passing year in his wealth decumulation phase in the Market through 100% yearly investment income cashed out; there will be less and less impact on his future investment portfolio at the next market crash! 

Mr Market cannot take back whatever wealth that is not exposed to him. 

So as retirees; we may want to play safe!  LOL!







Saturday, 27 August 2022

Powell comments fuel 1,000-point market rout Friday as stocks slide for a second week

 Stocks plummeted Friday after Federal Reserve Chair Jerome Powell said in his Jackson Hole speech the central bank won’t back off in its fight against rapid inflation.

The Dow Jones Industrial Average dropped 1,008.38 points, or 3.03%, to 32,283.40, with losses accelerating into the close. The S&P 500 fell 3.37% to 4,057.66, and the Nasdaq Composite slid 3.94% to 12,141.71.

The major averages declined for a second week. The Dow tumbled 4.2%. The S&P 500 and Nasdaq Composite lost roughly 4% and 4.4%, respectively.

Powell reiterated a tough stance against inflation, spurring investors to weigh the implications of higher interest rates kept in place for a longer time.

“Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy,” Powell said.

“We do believe the Fed,” said Zach Hill, head of portfolio management at Horizon Investments. “We believe what they say that rates are going to be higher for longer and we’ve seen some repricing of the cuts in 2023. We think there’s more to go on that front and it’s likely to continue to fuel equity volatility from here.”

CW8888: STI is not that volatile yet! See Monday how it reacts to DOW 1,000 drop!











Friday, 26 August 2022

Kep Corp: Round 103 Sold $7.12

Read? Kep Corp : Bought @ $6.94 for Round 103

Round 103: ROC 2.2%, 4 days, B $6.94 S $7.12

Round 102-1: ROC 7.4%, 100 days, B $6.57 S $7.08

Round 94: ROC 2.3%, 154 days, B $9.85 S $10.14 (Bought back at higher price. Last sold @ $9.05)

Round 93: ROC 5.7%, 67 days, B $8.50 S $9.05

Round 92: ROC 10.6%, 166 days, B $7.98 S $8.89

Thursday, 25 August 2022

Round 56 SCI @ $1.63 Unexpectedly Became The Latest 2-Bagger To Join The Rank Of Multi-Baggers

Read?  Round 56 SCI @ $1.63 Is The Next New Multi-bagger In The Making?





Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (17)

Monday, 8 August 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! (16)

After resting for 17 days; Panda is dancing again! Hope the party can extend longer to enjoy more momentary smiles! Steady pom pi pi!

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% and 212%!

Again it is powered by SCI closing a new 52WH @ $3.39!





Tuesday, 23 August 2022

Wilmar : Bought @ $4.08 for Round 15

Read? Wilmar : Round 14 Sold at $4.38

Dow slumps 600 points Monday to wrap worst day since June as summer rally fades

 The Dow Jones Industrial Average fell sharply Monday, in its worst day since June, as the summer rally fizzled out and fears of aggressive interest rate hikes returned to Wall Street.

The Dow fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99, and the Nasdaq Composite tumbled 2.55% to 12,381.57, respectively. It was the worst day of trading since June 16 for the Dow and the S&P 500.

Those losses come on the back of a losing week, which snapped a four-week winning streak for the S&P 500. Still, the broader market index remains about 13% above its June lows.

Investors are anticipating what could be a volatile week of trading ahead of Federal Reserve Chairman Jerome Powell’s latest comments on inflation at the central bank’s annual Jackson Hole economic symposium.

“When you see the market right now dropping down like this, this is the market saying the Fed has to be more aggressive to slow the economy down further” if they want to bring inflation back down, said Robert Cantwell, portfolio manager at Upholdings.

Tech stocks declined on concerns over more aggressive rate hikes from the Fed. Amazon fell 3.6%. Semiconductor stocks dropped with Nvidia down about 4.6%. Shares of Netflix were roughly 6.1% lower following a downgrade to sell from CFRA.

CW8888: Let see how boring STI perform today!  Market is more likely to crash in Sep/Oct? See for yourself! LOL!











Saturday, 20 August 2022

Kep Corp

 


Thursday, 18 August 2022

Kep Corp: Round 102-1 (50%) Sold $7.08

Read? Kep Corp : Bought @ $6.57 for Round 102

Round 102-1: ROC 7.4%, 100 days, B $6.57 S $7.08

Round 94: ROC 2.3%, 154 days, B $9.85 S $10.14 (Bought back at higher price. Last sold @ $9.05)

Round 93: ROC 5.7%, 67 days, B $8.50 S $9.05

Round 92: ROC 10.6%, 166 days, B $7.98 S $8.89

Wednesday, 17 August 2022

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

Read? Why Pursue Financial Freedom? (4)

Read? FIRE Is That Easy AS We Have Thought

Read? "Early" Retirement??? (3)

Read? Goals, System And Process Are Not Mutually Exclusive! (3)

Read? FIRE Is That Easy As We Have Thought (3)

Read? Part-Time And Free Lance Jobs

Read? Retirement May Actually Be Bad For Health

When we have plenty of spare time; how can we can spend them without getting too bored with those hobbies. Uncle8888 knows hardcore gamers can spend hours after hours hoot their enemies. LOL!

Plenty of idle time is our enemy when we have nothing much to do!

FIRE your enemies. What are your strategies?



Tuesday, 16 August 2022

Singtel

 


Sunday, 14 August 2022

Round 56 SCI @ $1.63 Is The Next New Multi-bagger In The Making?

Read more? Sembcorp Ind

Even with more than 20 years following closely on SCI and everyday staring at its stock price also has no balls to add more when it was dirt cheap as low can be lower and can be taken private! 

FA or TA or FATA requires big ball to convince ourselves. Investing is really hard for retail!

KNS!







Saturday, 13 August 2022

Dow closes up 400 points, S&P 500 rises for fourth straight week as investors warm to cooler inflation

CW8888: With 2022 H1 earning reporting season completed; and DBS and SCI XD on Monday. Let see how STI reacts to DOW rally on Monday!

Stocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation may be peaking.

The Dow Jones Industrial Average added 424.38 points, or 1.27%, to close at 33,761.05. The S&P 500 gained 1.73% to finish at 4,280.15, and the Nasdaq Composite surged 2.09% to 13,047.19.

The S&P 500 rose 3.26% on the week, notching its longest weekly winning streak since November 2021. The Dow was up 2.92% for the week, while the Nasdaq Composite moved higher by 3.08%. For the Nasdaq, it was also the fourth positive week in a row.

The averages have been boosted by positive news on the inflation front. The consumer price index was flat from June to July, thanks in large part to falling gas prices, which lowered headline inflation. The producer price index showed a surprise decline. On Friday, import prices also fell more than expected.

This week’s moves have extended a market rally off its mid-June lows. The S&P 500 has gained 16.7% since the lows, and has cut its losses from the peak in half. The Dow had gained nearly 13% and the Nasdaq Composite has rebounded 22.6%.

The positive news has bolstered investor confidence, leading some to believe that the recent gains are more than a typical bear market rally.



Friday, 12 August 2022

Minimum Investment Income @ 12.3% ROC For Year End 2022

Read? Investment Performance Across 22 Yrs In Boring, Uninspiring Super Terrible Index

With all stocks in Uncle8888's portfolio declared 2022 H1 dividends as of today; minimum investment income @ 12.3% ROC has been achieved for 2022. Now he can let his war chest to rot while waiting for itchy hand to make some kopi money if market continues to run up to 3,800. LOL!











U.S. public pensions suffer worst year since the financial crisis

Read? U.S. public pensions suffer worst year since the financial crisis

An ugly start to the year for stocks and bonds has put a dent in the retirement plans of millions of state and local employees.

U.S. public pension plans saw big losses during this year’s market rout, with median losses totaling 7.9% for the year ended June 30, according to data from institutional investment consultant Wilshire Associates.

This marked worst annual performance — and first annual decline — for public retirement systems since 2009, according to Wilshire's data.

Plans worth over $1 billion were down 7.3% for the fiscal year ending June 30, 2022, and their smaller counterparts saw declines totaling 12.1% over the same period.

Although declines were seen across the board, large plans — or those with over $1 billion in assets under management — registered smaller losses than plans handling assets below that threshold, with the bulk of these declines coming in the second quarter.

Large plans saw investment portfolios tumble 7.7% percent for the three-month period ended June 30, while the plunge totaled 10.4% for smaller pensions. This marked their worst quarter since the coronavirus pandemic began in 2020.

"The second quarter of 2022 was historical, but for all the wrong reasons,” Wilshire President Jason Schwarz said. “If you look back 50 years, you’ll be hard pressed to find another quarter where global equities were down by double-digits and investment grade bonds were down five-percent.”

U.S. stocks logged their worst first six months to start a year since 1970, with losses most prevalent in the second quarter. The S&P 500 capped the first half of 2022 in a bear market, down 20.6% from highs reached on January 3.

The Dow Jones Industrial Average shed 15.3% for its worst first six months of a year since 1962, and the Nasdaq's 29.5% drop during the period marked its worst first half on record.

The rout in equity and fixed income markets saw institutional assets plunge 10.6% for the year ending June 30, and 9.6% for the second quarter alone, across pensions, foundations, and endowments.

Losses came as elevated inflation, central bank rate hikes and fears of a recession weighed on sentiment.


Wednesday, 10 August 2022

Season 6 Love at first move challenge 4th tier lucky draw prize

Read? Completed The National Steps Challenge Season 5 today?

In addition to collecting NTUC vouchers and also tio lucky draw. 



Monday, 8 August 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (16)

Read? Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (15)

Kep Corp XD today and dropped less than $0.15 :-)

Panda is dancing to a new ATH @ 211% ROC to celebrate 57th National Day!

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208% and 211%!

This time is powered by SCI closing a new 52WH @ $3.18!





Sunday, 7 August 2022

20 yrs ago Kep Corp in 2001 and Keppel Vision 2030 (2)


Read? Keppel Corp unveils 10-year roadmap with focus on four key segments

Read? 20 yrs ago Kep Corp in 2001 and Keppel Vision 2030.

Read? How and when to buy stocks is not the most difficult part? (2)

Published: 28 December 2011 Read? KEPPEL CORP: 737% return since 2001 despite lumpy dividend payouts

A personal update with reference to the above article after 11 years. 

What happened after 2011 if you happened to get excited on Kep Corp and put it in on your watchlist to buy on the next opportunity?

It is really about Market timing and then Time in the market! 

The Good, The Bad And The Ugly!























Saturday, 6 August 2022

SCI : More like Growth-Dividend. Less Like Dividend Income

Hope for special dividend to count in 2023. Hmm .. but hope is NOT a strategy. LOL!

A new 52 WH before XD?




Friday, 5 August 2022

Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (16)

Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (15)

Sembcorp's 1HFY2022 earnings surge over 10 times to $490 mil; declares interim dividend of 4.0 cents

2020 was a doom year for Panda/Koala retirees. 2022 is a good year and 2023 will be better?

20 years of data points of collecting passive income from dividends; and it clearly shows that Dual Power of Market Timing and Time in Market is the right strategy for buy and hold investors. Don't time the Market. Chun bo?




Thursday, 4 August 2022

Panda's Investment Portfolio Hits A New All Time High Record With 3-Bagger Portfolio In An Uninspiring And Boring SG Stock Market! (15)

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)

Kep Corp closed a new 52WH @ $7.03 and power up his portfolio value!

Panda back to dancing to a new ATH @ 208% ROC! Another moment of shiokness! 

A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207% and 208%!







Wednesday, 3 August 2022

OCBC H1 2022

2022 is a better year for Panda/Koala retirees as yield pig in Singapore.

Read? OCBC Round 7 : Bought @ $8.48

6.4% and 6.8% yield and that is twice SSB yield so can hold long-term and sucks Panadol! LOL!



Sunday, 31 July 2022

Trust in power of Topping Up and time in the market

SundayTimes, 31 Aug 22, Me and My Money

Trust in the power of compounding, don't try to time the market

Hmm ..  another way of achieving this type of "growth" passively over our lifetime is ....

We can also trust in the power of topping up of dividends as Panda/Koala retail investors in Singapore or voluntary cash topping up as in 1M65! 

Always goes up over our lifetime!





Saturday, 30 July 2022

Kep Corp : New 52WH Above $7 before XD on 8/8???

Take kopi money or $0.15 Panadol on 8/8?


Net buyers across all sizes! It is so bullish last Friday!






Related Posts with Thumbnails