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

Wednesday, 30 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (3)

Read? Thinking Like A ROC Hog For Kep Corp Round 104 and 105 (2)

CW8888: Post O&M, Kep Corp is more like an income stock with its Vision 2030 and that is good for Uncle8888's retirement income portfolio. :-)

Pre-EGM Virtual Dialogue Session for Retail Shareholders hosted by SIAS 







Tuesday, 29 November 2022

Here’s How Much You’d End Up with If You Had Invested S$7,530 in DBS During 2003 SARS Period Two Decades Ago

Read? Here’s How Much You’d End Up with If You Had Invested S$20,000 in UOB a Decade Ago

Last year, we conducted such a thought experiment with Singapore’s largest bank, DBS Group (SGX: D05).

We showed that S$10,000 invested in a reputable bank would have garnered you S$25,688 in a decade.

This is NOT a thought experiment; but Real People and True Stories on DBS!

Uncle8888 invested S$7,530 in DBS and made S$43,130 in two decades or 573% ROC! 

Total dividends accumulated over 20 years is S$15,710 or 209% ROC; and it is kept safely in CPF OA earning 2.5% interests P.A. No compounding return. It is just holding on to DBS as Yield Hog over 20 years!

Real People and True Stories on DBS

Read? On why sound investing principles will always work??? (2)

Read? DBS - Time in the market or Timing the Market?

One Trainer Guru shouted DBS down to $6! LOL!

Read? DBS : ONE STEP CLOSER TO SGD 6.00























Friday, 25 November 2022

Sunday, 20 November 2022

Investment Scams and Frauds. Any difference? Just Repeating In New Forms!

Read? Police warn of fake website claiming to help FTX investors withdraw crypto funds

Any difference?

According to the police, the fake website is supposedly hosted by the US Department of Justice and prompts FTX customers to log in to the website with their account details.

It would then claim that customers "would be able to withdraw their funds after paying legal fees".

Real People. Real Losses

CW8888: Time-sharing scam; one ex-colleague lost money his money. One agency stepped in and called for a meeting for investors to put up $5K each and collectively the agency would have enough fund to fight the case and retrieve some lost money. 

The Agency subsequently also disappeared.

Beware! There are scammers looking for a kill and scavengers looking for your dead bodies too.

Read? People are gullible to believe whatever’s told to them': Inside the mind of an ex-scammer

Luna and FTX. Juicy yield!

Read? Better safe than sorry: Resist urge to invest in too-good-to-be-true schemes

Real People. Real Losses

CW8888: Oilpods scam; one ex-colleage's spouse, siblings and close relatives all die together!









Building A Resilience Or Antifragile For Retirement Income? Does It Really Matter?

Read? What Is Anti-Fragility?

Hmm ... Did Uncle8888 build a resilience or antifragile investment portfolio over 23 years as Panda/Koala in Singapore local stock?

Does it really matters?

Resilience or antifragile?

Anti-fragility goes beyond robustness; it means that something does not merely withstand a shock but actually improves because of it.

Hmm ... it looks like we have to build a resilience investment portfolio first and then we have decent level of war chest across market cycle to withstand a bear shock and deploy war chest and keep improving the robustness of our portfolio for next cycles. Tio bo?



Saturday, 12 November 2022

Chopped Off Fingers Liao!

Read? FTX: The Straw That Broke The Camel’s Back

Quote : "I am probably down a year’s income for crypto and half that for HK stocks. These are my biggest paper losses to date and I can finally appreciate why older folks talk about “chopping off fingers” and never touching the stock markets again."

We need to go through ourselves through those moments of chopped finger and never again!

Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???

Do we often ask themselves on  Where does the money come from??? (4) on our winning positions and especially huge gains?






Friday, 11 November 2022

DBS XD Gap Up By 62 cts! Dividend $0.36

 How to predict Mr Market's action?

Closed the day before XD $34.18; Uncle8888 thought he will be sucking bitter Panadol again on XD. It will gap down and falls farther!







Tuesday, 8 November 2022

CPF OA for T-Bill 4.1%! That 1.5% Dilemma Again!

Read? Young CPF Members Should You Transfer CPF OA TO SA For additional 1.5% Compounding Interests Over Next Few Decades?

In Uncle888's investment kakis Whatapps group; more than half of them have already applied for T-Bills using CPF OA/SRS!

That 1.5% dilemma in CPF OA again or this was due to Caught that Fat Rabbits syndrome in 2001, 2002 and 2003!  LOL!

Read? Is STI nearer or farther away from 1200?




Sunday, 6 November 2022

Following someone investing idea? (2) - Refresh!

Read? Following someone investing idea? (2)

"When you see your favourite blogger bought something e.g. a few bunches of banana and that doesn't mean it is a good time for you to buy a few banana too.

Your favourite blogger may be a 800 pounds Gorilla sitting on high level of cash and gobbling up a few bunches of banana here and there is not going to cause any problem.

But, to a small Monkey on low cash level is different. Just eating up one bunch of banana may cause indigestion if got it wrong. In the stock market, small Monkey can't behave like giant Gorilla."

Real happening in ex-famous cbox where most of the monkeys in that cbox were feeling down due to lack of bullets to hoot more in 2009. This Gorilla-cboxer kept buying and buying.  When the market and economy finally recovered; he showed us his 6 digits passive income! LOL!

Uncle8888 personally learnt this real life lesson about investing in the stock market on the ground! LOL!

Read? Does Your Account Size Matter? - Part 3 














Friday, 4 November 2022

Thinking Like A ROC Hog For Kep Corp Round 104 and 105

Read? 19.1 SML in specie from Kep Corp. Is this time different from SCI?

Read? Kep Corp : Bought @ $7.02 for Round 105

Uncle8888's Maths vs Kep Corp Sellers.  Did he miss out something that Mr Market know about it?

Lesson learnt from SCI for not adding new positions for SCI's SML in specie! LOL!

Is this time any difference?

Kep Corp TA @  and SML back to its 52WL @ 0.081 

What is his chance of losing money on Round 104 and 105?











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