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

Saturday, 30 July 2022

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!









Posted by Createwealth8888 at 08:41
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3 comments:

  1. Spur30 July 2022 at 10:45:00 GMT+8

    Uncle8888,

    My 15% signal for S&P which triggered in mid-June is still holding and getting stronger. Wished I had the guts to deploy 2X more of my warchest than what I did in the last 8 weeks lol.

    The weekly advance-decline line for US market has corroborated the 15% signal by closing above 21-week exponential MA for first time since early-Jan. Will it remain above? Depends on inflation reports...

    S&P has also closed above 100-day MA for first time since March. We all know what happened next. Lower low. Lol!

    Will this time be different?
    ¯\_(ツ)_/¯

    Next week likely profit taking by short termers.

    ReplyDelete
  2. CreateWealth888830 July 2022 at 11:32:00 GMT+8

    Happy profit taking next week :-)

    ReplyDelete
    Replies
    1. Spur30 July 2022 at 12:29:00 GMT+8

      Haha, actually I'll still be nibbling in the weeks & months ahead.

      Be taking bigger bites if (when?) the S&P drops to test or breaks the recent low. 🙏

      Delete

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