Read? Take Risks
Yes! Especially true for investing strategies!
Winners lead!
Losers guide!
Position sizing is critical for winners to lead and losers to guide to stay alive in the market!
See losers chopped fingers and NOT guide!
Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???
Sell in May and Go Away started???
In local market SGX; it is Collect dividends in May and Go away sucking Panadols!
It looked like STI doesn't follow DOW volatility liao!
Uncle8888's Three Little Pigs are taking their turn to dance to new 52WH to power up his portfolio to new ATH! Shiok! Sector rotation in play really help!
Kep Corp shiok! Today XD @ $0.21 and then up another $0.20. Total $0.41. It really helped to push portfolio to new ATH @ 207%
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% and 207%!
When will be the Party music ends???
Read? 10% dividend yield for 10 years? Fact or Fiction? (2) - updated after 9 yrs!
Read? Three Little Pigs In The Stock Market - Part 3
Next week, SCI XD on 26/4 and Kep Corp XD on 28/4 for 2022H1.
Looking forward to add more passive income in 2022 H2 as yield pig!
Stocks plunged on Friday, with the Dow Jones Industrial Average suffering its worst one-day loss since the throes of the pandemic, as the latest raft of corporate earnings and the prospect of rising rates spurred a wave of selling.
The Dow fell 981.36 points, or 2.8%, to 33,811.40. The S&P 500 was 2.8% lower at 4,271.78, for its worst day since March. The Nasdaq Composite declined by 2.6% to 12,839.29. Friday’s loss was the biggest for the Dow since Oct. 28, 2020.
UnitedHealth fell more than 3%, shaving more than 100 points off the Dow. Caterpillar also took out nearly 100 points from the 30-stock average, dropping 6.6% on the day. Goldman Sachs, Home Depot and Visa were also big downside contributors.
Those losses put the Dow down 1.9% for the week, its fourth straight weekly decline and its ninth losing week of the last 11. The S&P 500 posted a 2.8% weekly loss, marking its third straight one-week decline. The Nasdaq was the laggard this week, losing 3.8%.
-----------------------------------------------------------
Will uninspiring STI follow Uncle DOW big fall on Monday?
How many will panic selling or shorting?
Monday, 28 March 2022
Read?My Three Little Pigs : Kep Corp, Sembcorp Ind and DBS
After resting for 26 days; Panda is back to dancing to a new ATH @ 204%! This time banks are down; but Corpses are rising high!
Uncle8888's Three Little Pigs are taking their turn to dance to new 52WH to power up his portfolio to new ATH! Shiok! Sector rotation in play really help!
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% and 204%!
Read? Investing Is A Tale Or Story Of Hindsight Wisdom, Regret And Sorry???
Read? 5 Worst-Performing Straits Times Index Stocks Over the Past 10 Years
Uncle8888 smiled when he read 5. Keppel Corp: -11.4%
Finally, in fifth place is Keppel Corporation (SGX: BN4), the Singapore-based conglomerate that has interests in property, infrastructure and offshore & marine businesses.
Over the past 10 years, Keppel shares have delivered a total return of -11.4%.
During the 2010s, its offshore & marine segment was hit hard as oil prices plummeted in the middle of the decade.
See lah! It shows that investing is tale or story of hindsight wisdom, regret or sorry!
If we changed the time frame of Kep Corp to over past 20 years; then buy and hold over long term becomes buy and freehold - investment income for life!
Read? One Day; I Will Breakeven!
Olam and SML right issues at that time; Uncle8888 was like ....
WTF to throw more good money at bad money!
TemaSICK again!!!
Read? On why sound investing principles will always work??? (2)
Time to sell DBS if you happen to follow that forum on DBS crashing to $6 by the Guru?
Your entry price for that position matters the most and there after you have options to be active cum passive on core position and that is why we MUST buy slowly when market started going down and crash and recover.
Buy and Freehold on dividends paying blue chips are more relaxing and assuring that some income will flow into our bank accounts especially when we are retirees.
Trading on core is NOT easy as there is no sure formula. Hmm .. Okay if you believe in those investing or trading ads telling you winning formula on their methods. Go for them as course fee is cheaper than your losses! LOL!
Read? DBS: Bought Back For Round 30 @ 31.88
Read? What Next After Reaching the EDGE of Financial Independence???
Uncle8888 based on his tracking of annual household expenses to derive the number to reach Financial Independence with 4% Withdrawal rule. i.e. FI = Net worth assets excluding residential home = 25 x Highest household expenses tracked since 2002!
Somehow SARS and COVID soften the FI number based on 4% withdrawal rule. We can expect more such virus in the coming decades!
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% and 202%!
Party and fun are still going on and even oily and smelly SML also join in the fun i.e. up 9.6%!
SML right issue is sitting on 28% paper gains! Shiok! Temasek laughing to bank!
STI testing strong resistance and more Bulls please come and break it!
Read? Lion HST vs CSOP HS Tech (3)
Just a short moment of shiokness of getting out from home bias!
Uncle8888 later kena slapped left, right and centre by stepping out of home bias Panda. KNS!
Lion HST down -46% at last Friday closing! It has become salted fish without Panadols! KNS!
Don't be home bias! Chun bo?
Panda dances to a new ATH with 3-Bagger Portfolio hit today!
Shiok! Sibei song and Bom pi pi!
Panda knows very well it is just an illusion of wealth in the stock market! Time to take some profits??? or the night is still young???
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% and 201%!
Panda smiling wide again!
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% and 199%!
Shiok man and waiting for XD next month while dancing!
Of course there is no free lunch in the market. There are always buyers and sellers in the market.
But; as retail investors we can buy our own lunches slowly and then sell slowly to the Point where we can have the Cake and eat it too. That is free lunch in the market! No meh?
No stop loss!
One day; I will be breakeven or already written off long ago!
2007 pos @ $12.13 breakeven liao!
2014 pos @ $9.64; one day will breakeven.
Read? DBS: Bought Back For Round 28 @ 34.98 & Round 29 @ 34.68
Bought back to suck more Panadols again!
Ukraine finally bent down for peace and President stepping down?
As of last Friday DBS closing price :
Timing the market vs Time in the market for DBS?
Without a single cent additional capital injection since investment portfolio on Jan 2000; Uncle8888 has survived through cycles of Bulls and Bears as shown in one picture!
Read? Cut losses - The Truth, The Pain, and The Chance!
Read? Investing Made Simple by Uncle8888 (18)
Read? Investors, learn to play your cards right
GSTV - Cash : $600
GSTV - Medisave : $450
Total Uncle8888 will receive in 2022 is $1,050
Assuming personal expenses in 2022 = $14,400 or $1,200 per month
GSTV can offset 7.3%
Assuming personal expenses in 2022 = $18,000 or $1,500 per month
GSTV can offset 5.8%
No wealth tax! No Capital Gains tax! I am OK!
LOL!
Let see how Panda's 3Ms on long-term investing and short-term trading performs in Russia-Ukraine crisis!
How much drop this time?
Read? Don't Laugh At Precision Two Decimal Points Investment Returns! (2)
With FY 21 final dividends declared and counted and also assuming FY 22 H1 dividends are not drastically cut; Panda can look forward an easier ending for 2022!
The good thing about investing for income; we can roughly count the chicken before they are hatched and prepare to take remedial actions if some eggs are rotten!
Read? DBS : Round 23-2 : Sold @ $35.02
Bought back to suck Panadols again!
War escalating or peace talk?
Fu Yu (new 2020 add in) looked like HODL candidate for Panda retiree for his passive income!
LOL! Uncle8888 has already done CPF SA to CPF RA transfer after publishing the post on buay song CPF shifting Goal posts. Now, it also makes more sense to withdraw $2K CPF OA earned interests on monthly basis starting from Jan 2023 instead of lump sum withdrawal of 11/12 months of interests earned since 2017.
Spur22 February 2022 at 23:13:00 GMT+8
Uncle8888,
U are in better position than most to make lemonade out of this lemon.
Since most of your interest comes from OA and you're starting RSS payouts soon, one solution can be to transfer your SA to RA and let it be amortized via the 25 year payouts. You'll still be getting the 4% interest plus the extra 1% and 2%.
Then every Jan, just withdraw the credited OA interest. Or you can withdraw smaller sums, every couple months or so, thus allowing more interest to be earned. Since the RSS payouts are already larger.
-------------------------------------
I was initially thinking whether can use SA shielding to preserve the SA.
i.e. shield the SA, then withdraw OA interest, then unshield the SA, do all in Jan.
But I think the $40K CPFIS-SA threshold still applies even if 55+ and already meet the retirement sum?
Cest la vie! Shit happens! 🤣
Good luck to those who have good faith in our CPF scheme and how many more shifting Goal posts waiting down the Road for you!
Read? Another New CPF Shifting Post Without Informing Affected Members!
Thursday, 22 December 2016
Read? Turning 55 - and enjoying financial freedom (5)
CW: Pls help to check how much interests I can draw out without touching my SA and OA.
CPF: Wah! You have lots of interests to draw out. It is $XX,XXX. Do you want to draw out now?
CW: :-)
CW: No. Not now. I will withdraw next year on January.
CPF: No. You can't withdraw your interests on January. Your interests credited on January will become your principal. You have no more interests to withdraw. You have to be careful as you will be withdrawing your principal in CPF SA first and then principal in CPF OA. CPF SA is 4% interests. Be careful! You better withdraw now in December. Your interests for November has been credited! Do you want to withdraw now?
CW: No. I will withdraw next year in December.
--------------------------------------------------------------------------------------
Uncle8888 clarified farther ...
Thank you for fast reply!
Quote from your reply : "As part of the Board’s ongoing efforts to ensure our administrative practices are aligned with the market practice, we have revised our practice such that only the savings in your CPF accounts can be withdrawn."
With the change of CPF administrative practices are aligned with the market practice in 2022; I can only withdraw CPF SA and CPF OA interests earned for 2022 on Jan 2023 instead of Dec 2022. Pls help to confirm my understanding is correct as below :
Estimated numbers for withdrawal from
CPF SA = $1,691 and CPF OA = $24,000 - $1,691 = $22,309. Total $24K.
It is NOT $24K from CPF SA! Right?
Thank you!
CPF''s reply ....
We refer to your enquiry via My Mailbox of 21 February 2022.
Please allow us to clarify. As explained in our replies of 17 February and 21 February 2022, if your SA balance is equal to or more than the withdrawal amount of $24,000, the full withdrawal amount will be from your SA and there will be no deduction from your OA savings.
The interest earned for 2022 will be credited to your SA and OA respectively on 1 January 2023, forming part of the principal balances and will be deducted from the principal balances upon withdrawal.
With reference to your example given, if you were to make a withdrawal after 1 Jan 2023 and your SA principal balance is sufficient for the withdrawal, the withdrawal amount from each account will be as follows: SA = $24,000 and OA = $0.
We hope the above clarifies, thank you.
Read? CPF Shifting Goal Posts. Did Merdeka Generation See It Coming???
Uncle8888 has never voluntary top up a single cent into his CPF as he kena CPF shifting goals from CPF withdrawal from 55 to 60; 60 to 62, and 62 to 65. How to trust CPF when he kena so many time!
2022; kena again! Luckily; thank to reader's alert for me to check with CPF!
It will be a SHOCK and WTF if he is not aware of new rule change and continue to withdraw $24K on Dec 2022 like past 5 year as retirement income for life! $24K outright from CPF SA instead of 11 months of earned interests! WTF!
Did Uncle8888 really miss out that communication of CPF's latest administrative practices that are aligned with the market practice in CPF News alert email to him?
----------------------------------------------------------------------------------------------------
Why change?
Hmm .. previously; we can just withdraw 11 months of CPF SA earned interests and then compounding the remaining 1 month in CPF SA at 4% rate! Now, ZERO compounding rate in CPF SA if you choose to withdraw earned interests! Hmm ...
---------------------------------------------------------------------------------------
CPF's next reply to my question
As part of the Board’s ongoing efforts to ensure our administrative practices are aligned with the market practice, we have revised our practice such that only the savings in your CPF accounts can be withdrawn.
This means that while interest is earned every month, it is only credited into your CPF accounts to form part of the account balances at the beginning of each year, and withdrawable from then on. If you make a withdrawal, savings from your Special Account (SA) will be paid first followed by your Ordinary Account (OA).
Based on your example given, as at December 2022, if your SA balance is equal to or more than the withdrawal amount of $24,000, the full amount will be withdrawn from your SA. If your SA balance is less than the withdrawal amount, your OA savings will be withdrawn to make up the balance.
As of today, your SA balance is sufficient for the full withdrawal of $24,000.
You have not replied to my questions. If you don't have answers, pls help to escalate to your experts to answer.
Every month of Dec since 2017; I have been withdrawing $24K. from CPF. Last year; the withdrawal from CPF SA and CPF OA is as followed : CPF SA : $1,545 and CPF $22,455.
Please help to confirm if there any changes when I withdraw $24K from CPF in Dec 2022
How much withdrawal from CPF SA and CPF OA? Pls help to provide the numbers as follows:
CPF SA = ? and CPF OA = ? Total withdrawal from CPF = $24K
Thank you!
------------------------------------------------------------
CPF's reply to my question:
As part of the Board’s ongoing efforts to ensure our administrative practices are aligned with the market practice, we have revised our practice such that only the savings in your CPF accounts can be withdrawn.
While CPF interest is earned every month, it is only credited into your CPF accounts to form part of the account balances at the beginning of each year, and withdrawable from then on. This is similar to market practice, where your bank interest is only withdrawable after it has been credited into your bank accounts. Hence, if you make a partial withdrawal, savings from your SA will be paid first followed by savings from your OA.
Avanda Investment Management's assets have more than doubled to around US$10 billion since it was co-founded by Ng in mid-2015 - soon after he retired from sovereign wealth giant GIC as its chief investment officer following a 42-year career in the public service.
Ng, who was GIC's group CIO from 2007 to 2013, said a love of investing and belief that you get better at it with age were among his main reasons for starting Avanda; finance oracles Warren Buffett and Charlie Munger are his inspirations.
Long focus
The firm has earned a 7.5 per cent annualised rate of return before fees from its inception to December 2021. That's higher than the 5.9 per cent average return on the Eurekahedge Multi-Strategy Hedge Fund Index between 2016 and 2021. Avanda is also bigger than any Singapore-based hedge fund; the largest one manages US$7.7 billion, according to With Intelligence data.
Ng sees Avanda as an asset manager and not a hedge fund, partly because it's a long-only investor. Management fees average at around 0.5 per cent with a performance fee above pre-agreed target returns.
Real life lesson as retiree depending on dividends and trading profits in SGX!
Somehow; we hardly hear it loud and clear from dividend investing gurus/trainers that investing for dividends for FIRE or retirement is not that difficult. It is nothing more than a Game of Capital and War Chest against your expected household expenses during FIRE or retirement across future market cycles.
It is how you calibrate your war chest to generate sustainable cash flow from investment portfolio is critical. In short; it is about Method, Mind and Money Management!
What we can control and manage is our Mind and Money (deploy or accumulate war Chest) to build sustainable investment income across market cycles!
One picture tells the lesson learnt! Large war chest deployment into the market JUST to maintain past year investment income!
It is NOT that simple narrative or advert for FIRE movement that passive income exceeds expected expenses can FIRE across future market and economics cycles! Chun bo?
Let see how STI performs today!
Terrible or terrific?
Posts
All Comments
