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

Monday, 28 February 2022

DBS: Bought Back For Round 28 @ 34.98 & Round 29 @ 34.68

Read? DBS : Round 23-2 : Sold @ $35.02

Bought back to suck Panadols again!

War escalating or peace talk?



Posted by Createwealth8888 at 09:33
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3 comments:

  1. Singapore Man of Leisure28 February 2022 at 10:01:00 GMT+8

    CW,

    One thing we know for sure, you have no problem pulling the trigger!

    You got guts to buy the freaking dip!!!

    You the man!

    ReplyDelete
  2. Spur28 February 2022 at 13:16:00 GMT+8

    Already threw $100K in late Jan & another $100K on 24 Feb. Let's see if the war goes nuclear.

    Usually the start of war is a good time to invest. After the Pearl Harbour attack, Dow dropped a further -14% (when Buffett started his investing career at 12 yrs old). Dow gained +64% from Pearl Harbour till the end of WW2.

    An exception might be the 1973 Yom Kippur War which occurred right in the middle of the 1973-1974 bear market (where Buffett also lost -50%).

    Hmmm come to think about it, this time seems like the early 70s ... accelerating inflation, wars, and wars that further accelerated inflation. Ooops! Kekeke!

    ReplyDelete
    Replies
    1. Singapore Man of Leisure28 February 2022 at 13:37:00 GMT+8

      Spur,

      March 2003, the first Iraq war. It also marked my road to recovery from the brutal 2000 Nasdaq losses ;)

      富贵险中求



      Delete

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