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!

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

Saturday, 28 May 2022

Time in the Market > Timing the Market??? (2)

 Read? Time in the Market > Timing the Market???

Why we always hear this from Gurus, Experts and Financial writers and advisers?
















Timing the market doesn't mean lump sum investing through timing the market!

In practice; Uncle8888 actually does timing the market by buying slowly with position sizing and also diversify across sectors; and then sell slowly according to Sardines or Touchstones status. 

Sardines are sold! 

Salted fishes then sucked fingers, write off and then takes a hit on his investment portfolio CAGR!

Read? DIY Stock Pick Over Long Term In The Stock Market It Is All About Getting Sardines, Touchstones, Pillows, Multi-baggers Or Salted Fished!

Timing the market and then Time in the Market matters by holding on to Touchstones and Multibaggers; you can get fabulous investment outcome after 10, 20 or 30 yrs i.e. freehold investment income for life! But, do we have such patience? LOL!


















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?





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