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

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!






Stocks rally for a third day to cap a winning week, major averages post best month since 2020

No more fear of Recession?

STI struggling because of fear of China bad loans by our bankers! DBS has more loan exposure to China! 

Uncle8888 only has DBS and OCBC.

DBS : Likely to maintain quarterly dividend at $0.36 to suck Panadols liao!

OCBC : Expecting/hope for $0.25. OK OK! Hope is not a strategy!

SCI : Expecting/hope for $0.03 or more.

Now; Uncle8888 can understand why some younger folks also like dividend income investing strategy. It is comfortable to count or estimate how much "passive" income to receive in the year! Shiok!









Friday, 29 July 2022

What Wrong With Yield Pig??? (2)

Read? What Wrong With Yield Pig???

Are smarter Yield Pigs also market timers and time in the market for yield?

When yield are still looking good and no heart to sell even when the stock price hits a new ATH!  Yield Pig right?

Kep Corp H1 2022 is $0.15 so total dividends collected as passive income in 2022 is $0.36. Look like lowest yield of 11.4% happened in 2002 (Sep 11 WTC) and 2020 (COVID-19) is likely to be over with Keppel Vision 2030 with $20B in assets monetization, Mgmt. plans to return $5B returned to shareholders through dividends, share buyback and debts paydown.





Thursday, 28 July 2022

STI Near Resistance!

 


Sunday, 24 July 2022

Hands In The Market : Steady, Itchy, Greedy And Nervous!

Read? My Thought On Leveraging To Power Up Trading Income From SGX

You made money in days i.e. T+3.

Uncle8888's friendly broker was so good to him and power up him with more with T+5, commission rate of 0.22%, Buy Limit @ $300K and Sell Limit @ $400K. Shiok man!

That was the fateful day when the call from his broker offering him the above; it was shiok for sometime transforming from itchy hand to greedy hand. Who doesn't want to become rich from stock market faster? Not enough capital? Never mind! Just power up on OPM! When the Greedy hand took over control of our rational mind in the market; we no longer be Fearful! So, it is a matter of time this Greedy hand will soon turn into Nervous hand! Mr Market will show us the types of hand in the market!

When the Nervous hand started shaking badly; we will soon develop nightmares and have sleepless night. Losses escalate and now we become Fearful and cut losses and The Greatest Relief Is I have Sold!!! (2) 

No more escalation of losses! No more Nervous hand!

Painful lessons learnt in GFC 2008 and it really help to move forward with preferred hands in the market!

No more Greedy and Nervous hand across future market cycles! 

It will be just Steady hand and Itchy hand! Lesson well learnt! 



















Saturday, 23 July 2022

Earning Season H1 2022 To Lift STI Upward?

2022 H1 dividends harvesting begins next week starting with Kep Corp to lock in investment income for 2022.

SATS still jialiat with 2023 Q1 losses! No hope for recovery play in 2022 liao!



Friday, 22 July 2022

No Inflation Or Shrinkflation

Braised duck kuey chap still at $4!

Those hawkers who absorb the inflationary costs at their own expenses are likely to be older folks as a form of giving back to society or customers and also act of charity! Earn Less camp!






Most S'poreans want more than government’s relief package to fight inflation: YouGov

Read? Most S'poreans want more than government’s relief package to fight inflation: YouGov

"Expectation for greater support is higher among Gen X respondents at 88 per cent than their younger counterparts. Gen Z and baby boomers are most likely to be satisfied with the level of aid, with one in six or 16 per cent, in each group saying support is sufficient."

Hmm .. most baby boomers are retirees!

Recent conversation with two other senior retirees

What we have learnt from past two years of COVID crisis without overseas travelling expenses and living expenses for retirees in HDB heartland are affordable even in current higher inflationary phase; and the ideas of limited annual leaves e.g. 14 to 28 days of leaves to Get Away, Relax or Re-charge is not applicable for retirees. 

When we were working and have applied for longer annual leaves; and if we didn't go overseas to get away, relax or re-charge from works; we might feel that these annual leaves were not well spent. 

How many of us also thinking like that? Longer annual leaves we must go overseas to spend them! 



 

Tuesday, 19 July 2022

SCI Round 56 - Unexpectedly Becomes Top Performer In COVID Stock Pick

Read? SembCorp Industries (SCI): Bought @ $1.63 for Round 56

Closing today @ $3.05!

Walau!

Top performer @ 87% unrealized gains!

Luckily; itchy fingers bought back partially! 

Investing and trading looked easier only on hindsight wisdom!  Sigh! Sianz!

Read? SembCorp Industries (SCI): Bought @ $2.08 for Round 57











Sunday, 17 July 2022

The Maths Behind CAGR And ROC - Lump Sum Investing Vs DCA

Just for fun!

How to have better CAGR to show off?

See the difference on the Maths of Return!




Saturday, 16 July 2022

The Best Defense Against Inflation As Investors Is Warren Buffet Rule (2)

Read? The Best Defense Against Inflation As Investors Is Warren Buffet Rule

How I interpret Warren Buffet Rule?

Who are those retail investors who can possibly make Warren Rule come true!

Retirees who cash out their investment gains i.e. dividends and trading profits from the market for their spending; and never ever give back to Mr Market. Zero compounding strategy as retirees!

After X or XX years, this strategy will fulfill Warren Buffet Rule! LOL! I can. You can! 

Rule No. 1: Never lose money. (Own hard earned saving as investing capital)

Rule No. 2: Never forget rule No. 1.  (Don't reinvest your gains. LOL!)












Thursday, 14 July 2022

The Best Defense Against Inflation As Investors Is Warren Buffet Rule

One of his most famous sayings is "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1. LOL!

Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (3)


Monday, 11 July 2022

What We Cannot Recover From Big Losses In Market Crash - The Lost Years!

We often read from comments/advices in investment or trading forums that we can recover from losses if we are younger. 

Don't worry! Keep trying. Keep investing or trading! You will recover your losses one day!

While we can recover from financial losses in the market by injecting new capital or switching horse and/or recycling capital to recover from past losses; but we can't never recover from those lost years from an ATH to next new ATH!

The LOST years!

Uncle8888 learnt this lesson!

He spent 10 out of 23 years (about 43%) in the market just to recover the fall from ATH in 2007 to the next new ATH in 2018.

Now; he often stares at his stress test of his portfolio and don't make that same mistake in 2007!

Read? Make hay while Sun shines and not pulling out winter weeds










Sunday, 10 July 2022

Is Cash/War Chest Also A Form Of Hedging Against Market Volatility For Retirees Depending On Investment/Dividend Income?

No free lunch on hedging. Right?

More dividend income or less emotional rides?

Time in the market or timing the market?


Saturday, 9 July 2022

DBS : More like my dividends paymaster, less like a bank

Some time; more like yield pig sucking Panadols too!

LOL!




Friday, 8 July 2022

Living 2.5 Years Of Minimalist Lifestyle In Singapore

Uncle8888 hasn't renewed his passport so unlikely to travel soon and no JB too! LOL!

Unlikely we can avoid future high medical costs as we grew older and older! 

We can don't travel; but we cannot don't fall sick or suffer long term illness!




Tuesday, 5 July 2022

Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income??? (3)

Read? Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income??? (2)

Loan rate is rising so banks should be making more money. No?

Rising fast and soon it will overtake CPF OA 2.5% rate!



Protest the increase in the CPF Minimum Sum???

Voluntary top-ups of Special and Retirement Accounts also climbed to a new high of $4.8 billion last year, up from $3 billion in 2020, said the report. 

The top-ups were made by 294,000 CPF members, with about half topping up for the first time.
























Read? CPF members' balances, interest earned hit new high in 2021; amount withdrawn for housing rises

Read? S$3 billion in CPF top-ups made last year, 40% more than 2019

Hong Lim Park got a little crowded Saturday evening at the Return Our CPF (Central Provident Fund) protest , which was held to protest the increase in the CPF Minimum Sum. (CW8888, Proven so wrong! CPF please keep on increasing CPF Minimum sum. LOL! 1M65 loving it!)

According to organiser Han Hui Hui, approximately 6,000 Singaporeans attended the protest, which called for greater transparency in the CPF system, an increase in CPF returns, as well as greater flexibility with the CPF system.

Read? Blogger Roy Ngerng’s ‘Return Our CPF’ rally draws large crowds









Saturday, 2 July 2022

One Nice Example Of Illusion Of Wealth In The Market

SINGAPORE (EDGEPROP) - Rumours are that liquidators are trying to seize the assets of Singapore-based crypto hedge fund Three Arrows Capital (3AC), which became the latest victim of the crash in cryptocurrency. Two partners at advisory and consulting firm Teneo have been appointed to handle 3AC’s liquidation.

3AC was put under liquidation by a court in the British Virgin Islands on Monday, June 27, after 3AC failed to repay creditors. On June 30, the Monetary Authority of Singapore (MAS) reprimanded the firm for providing false information and for breaching fund management industry licensing rules.

The firm was co-founded by former Credit Suisse traders Su Zhu and Kyle Davies at the kitchen table of their apartment in 2012, according to a Bloomberg story last year. The two of them are only in their mid-30s.

Zhu is co-founder, director, CEO and CIO of 3AC, while Davies is co-founder and chairman of the firm. Their crypto assets had reportedly been worth several billion dollars at one point.

CW8888: One of our tasks as investors is to recognize or acknowledge this illusion of wealth in market during bullish market and has strategy in place to keep part of this illusion of wealth in the market really safe from the next market crisis. 

So my sifu is right!

It is far better to regret not making more money than to feel sorry of losing your hard earned money.

My sifu started trading and investing at age of 18 following the foot-steps of his father into the stock market. 

Choose Regret or Sorry?

It is in our own hands. It is our own making!

Read? Lesson NOT Learnt in 2007 STI Bull and Lesson Learnt in GFC Bear And Then Applied Along The Way To COVID-19 Mini Bear and Continue ...










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