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

Tuesday, 4 January 2022

MCT

 


Posted by Createwealth8888 at 19:24
Labels:

3 comments:

  1. Singapore Man of Leisure5 January 2022 at 12:19:00 GMT+8

    Somebody looking to buy the dip?

    I guess trading around a core position is one way to squeeze extra blood from stone ;)

    If not, why bother right?

    Might as well put the funds in CPF...

    Certainty? Yes.

    Excitement? Zero.

    LOL!

    ReplyDelete
    Replies
    1. Spur5 January 2022 at 18:28:00 GMT+8

      Smol,

      This is Buffett's 2 rules in action lol.

      Low $1.80s is a good spot to buy the dip.

      Potential for a quick bounce back to $2. That's a quick near-10% gain for kopi money (or big bucks :P).


      Oh! SEA kena Tencent-ed last night ... should be a happy big short SIMSCI trade for you! :)

      Delete
    2. Singapore Man of Leisure5 January 2022 at 19:30:00 GMT+8

      Spur,

      Wasn't vested; I'm on the sidelines :(


      This SEA inclusion in SIMSCI is making life hard for SIMSCI traders who likes to keep positions overnight...

      The opening gaps during Singapore time pre-open is like a roller-coaster ride every morning!!!

      The SIMSCI volatility is too rich for me now :(

      I mean during the Singapore session, I've to "guess" how SEA will perform later in the US session. And during the night US session, the low liquidity in SIMSCI makes it easy for prices to swing wildly to trip my stops!?

      I've now switched.

      S&P futures is my main vehicle for trading stock indices now; SIMSCI is now relegated to secondary vehicle.


      Yup, I'm joining the exodus away from SGX...

      Yeeks!

      Delete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails