Riding the market cycles of Bull and Bear.

STI down -9.5% from its recent high!

 




























Somehow, that is the way of life in the stock market. Got up and down!

Like Howard Marks said: "You can't predict; but you can prepare!"

 

 

20th Anniversary of the Great Singapore Sale (5)

Let have GSS in stock market too!

- 9.5% drop over 22 days!

Look at the table closely.

It is either rebound soon or enter into next Bear Market.

What is your bet?

 

 

 

 

Dow Closes Below 15000, Posts First 3-Day Losing Streak This Year

By: JeeYeon Park | CNBC.com Writer

                

Stocks finished near session lows in choppy trading Wednesday, with the Dow posting its first three-day losing streak this year, amid lingering worries of Fed tapering.


The Dow Jones Industrial Average tumbled 126.79 points, to close at 14,995.23, dragged by American Express and Home Depot. The index logged its first three-day losing streak this year.

The blue-chip index opened up more than 100 points but quickly erased its gains. The index swung in a wide 260-point range.

The S&P 500 declined 13.61 points, to end at 1,612.52. And the Nasdaq tumbled 36.52 points, to finish at 3,400.43.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 18.

 

20th Anniversary of the Great Singapore Sale (4)

Let have GSS in stock market too!

- 8.9% drop over 21 days!

Broke the last rebound at - 5.2%.

More panic stepping up .... GSS coming!

 

Keppel Delivers Jack-Up Rig on Its 45th Anniversary (Singapore)

Posted on Jun 9th, 2013 with tags 45th, Anniversary, Delivers, its, Jack-up, Keppel, on, Rig .

 

Coinciding with parent company Keppel Corporation’s  45th anniversary this year, Keppel FELS has delivered the 45th KFELS B Class jackup rig since it launched the design in 2000.

These KFELS B Class rigs make up  more than 30% of the total jackups completed globally since 2000.

The rig was delivered to Arabian Drilling Company (ADC) 14 days ahead of schedule,  on budget and with a perfect safety record. Keppel FELS was awarded an early delivery bonus of US$210,000.

Named ArabDrill 50 at a ceremony yesterday, the rig will be chartered to Saudi Aramco for operations in offshore Saudi Arabia.

The innovative and cost-effective KFELS B Class jackup rig has proven to be the trusted, reliable workhorse of the industry, and has performed excellently in major offshore exploration and development programmes in various locations worldwide. It has been employed by some 20 international drilling operators in over 15 countries.

 Chow Yew Yuen, Chief Operating Officer of Keppel Offshore & Marine (Keppel O&M) said, “We are pleased to have reached this significant milestone of 45 KFELS B Class rigs delivered with another exemplary delivery to a valued customer. ADC has further shown their confidence in us with the acquisition of a second KFELS B Class jackup rig which is on track for delivery at the end of the year.”

“This delivery is in conjunction with the 45thanniversary of our parent company, Keppel Corporation. In line with the theme of ‘Shaping the Future’, our KFELS B Class design has and is playing an important part in shaping the offshore drilling industry. With another 18 KFELS B Class rigs on order, it is today the industry benchmark for jackup rigs.”

Developed by Keppel’s technology arm, Offshore Technology Development (OTD), the KFELS B Class jackup design is able to operate in water depths of up to 400 feet and drill to depths of 30,000 feet which is readily upgradeable to higher performance capabilities.

The robust rig incorporates Keppel’s advanced and fully-automated high capacity rack and pinion jacking system, and Self-Positioning Fixation system. Designed with industry-leading features for safety and environmental friendliness, the KFELS B Class provides maximum uptime with reduced emissions and discharges.

Besides the two rigs for ADC, Keppel FELS also delivered a KFELS Super B Class rig to Saudi Arabia’s Saudi Aramco last year.


Press Release, June 9, 2013

Don't chase after Yield!

李嘉诚说：

　 　 1、付出就想马上有回报 ——适合做钟点工；

　 　 2、期望能按月得到报酬 ——适合做打工族；

　 　 3、耐心按年度领取年收入 ——是职业经理人；

　 　 4、能耐心等待三到五年 ——适合做投资家；

　 　 5、用一生的眼光去权衡 ——你就是企业家。

人生路上，选择永远比努力重要，眼光永远比能力重要。



Why Uncle8888 can be so patient and not hungry for high yield stocks like REITs even he is close to depending on passive income?


One word to describe ...







Encountered!

*** Excluding dividend in specie for Kep Corp in 2012

 

 

 

 

Can high yield blue chips be found in the next Bear???

 

 

 

 

 

 

 

 

 

 

 

 

 

Stocks End Down 1%, Dow Drops 100 in Choppy Session

By: JeeYeon Park | CNBC.com Writer

                

Stocks finished sharply lower in volatile trading Tuesday after briefly wiping out most of their losses, with all key S&P sectors closing in the red, as the Bank of Japan's latest monetary policy decision disappointed investors.

 
The Dow Jones Industrial Average dropped 116.57 points, or 0.76 percent, to finish at 15,122.02, dragged by American Express and Merck. The blue-chip index swung in a wide range, falling more than 150 points near the open, recovering all of its losses in midday and dropping back near lows in the final hour to close down by more than 100 points.

The S&P 500 slumped 16.68 points, or 1.02 percent, to end at 1,626.13. And the Nasdaq declined 36.82 points, or 1.06 percent, to close at 3,436.95.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 17.

 

人生路上，选择永远比努力重要，眼光永远比能力重要

李嘉诚说：

　 　 1、付出就想马上有回报 ——适合做钟点工；

　 　 2、期望能按月得到报酬 ——适合做打工族；

　 　 3、耐心按年度领取年收入 ——是职业经理人；

　 　 4、能耐心等待三到五年 ——适合做投资家；

　 　 5、用一生的眼光去权衡 ——你就是企业家。

人生路上，选择永远比努力重要，眼光永远比能力重要。

Keppel DHCS secures new contracts at Mediapolis and Changi Business Park

Keppel DHCS Pte Ltd (Keppel DHCS), an indirect wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd, was awarded the tender by JTC Corporation (JTC) to design, build, own and operate a new district cooling systems (DCS) plant at JTC's Multi-Utility Hub at Mediapolis, and has secured a contract to provide DCS services to MediaCorp's new campus at Mediapolis@one-north. At the same time, the company has secured a contract to provide its services to the upcoming Rohde & Schwarz building, a development at Changi Business Park.

The new contracts, with tenures ranging from 20 to 30 years, have brought the total value of contracts secured by Keppel DHCS in 2013 to S$80 million.

The new DCS plant at Mediapolis will have a capacity of 30,000 Refrigeration Tons (RT) to serve upcoming developments at one-north, including MediaCorp's new campus from the second quarter of 2015. The new Mediapolis DCS Plant will be connected to the existing Biopolis DCS Plant, complementing its service delivery to the entire one-north development.

With MediaCorp as a new customer, Keppel DHCS will service a total of 18 developments located at one-north, spanning 750,000m² of Gross Floor Area (GFA).

Keppel DHCS' expansion of its existing plant at Changi Business Park was completed in May 2013. The expanded plant has a capacity of 17,500 RT and will serve 17 buildings at Changi Business Park, spanning 450,000m² of GFA. Keppel DHCS will serve the upcoming Rohde & Schwarz building at Changi Business Park from the third quarter of 2013.

Mr Joseph Ng, Chief Executive Officer of Keppel DHCS, said, "We are committed to deliver value for our customers by providing efficient water-cooled air-conditioning systems that offer significant benefits in energy conservation. The new contracts further strengthen our presence at one-north and Changi Business Park, and reflect the confidence of our customers in the reliability and quality of our facilities and service."

Keppel DHCS currently provides environmentally-friendly DCS services to three major developments in Singapore - Changi Business Park, one-north and Woodlands Wafer Fab Park. Its clients include a portfolio of blue chip multinational companies such as Ascendas, Citibank, DBS Bank, GlaxoSmithKline, Honeywell, IBM, Invensys, JTC, Mapletree and Procter & Gamble.

DCS comprises an installation of a centrally located chilled water plant to serve a cluster of buildings for their air-conditioning needs. The plant distributes chilled water to its customers' buildings through a network of pipes. By aggregating the customers' energy loads, the overall installed capacity can be lower than if each building used a separate cooling unit. The aggregation also reduces the overall carbon footprint.

The energy-efficient and space-saving attributes of DCS make it suitable and attractive to address the needs of city centres, large production plants, hospitals and property developments.

The aforementioned contracts are not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

PRC Investor Retired On 20-bagger held from 2003 to 2011

MR. WANG of Changsha, home to renowned Hunanese cuisine, turned 110,000 yuan into nearly 2.2 million yuan in few short years by primarily clinging to one stock.
 
Investor Wang definitely got in on the ground floor with Sany's share price in 2003. The stock is now about half the value it achieved at its peak in 2010. Source: Yahoo Finance




















Wang got in on the ground floor with Sany, so to speak, buying in at around just under two yuan per share in late 2003, shortly after the firm launched its IPO.

When Wang decided to quit while he was ahead – way ahead – Sany shares were flirting with historical highs of 23 yuan and the savvy investor’s original capital had surged from 110,000 to nearly 2.2 million in 2011.



Wang's success just goes to show us that sometimes it’s not so much the company you keep, but can be just as much about timing and picking the right sector.



Read? PRC Investor Retired On 20-bagger held from 2003 to 2011

My last life insurance policy maturing on Mar 2016 and no more for me!

"We have bought insurances coverage on good faiths but don't ever expect the insurance companies to pay our claims on good faith as they are not our father or mother who helps to pour milk into our mouth as they exist to make money for their Management and their shareholders." - Createwealth8888

Uncle8888 has read too many cases of disputed claims posted in the Cyber space and has lost faith in insurance companies.











Uncle8888's last life insurance policy will mature on Mar 2016 and thereafter he will self-insure and self-funding with Medi-save, Medi-shield, and internal resources.

Read? More articles on insurance

Shocking Discovery On My ILP (Re-posting)

.... I finally woke up and realised how the protection part was rapidly eating into the remaining units of the Investment part and can seriously deplete the investment value over multiple bear markets. So I bite the bullet and terminated the ILP at loss.

Read? Shocking Discovery On My ILP


Read? More articles on insurance


Study the long-term financial planning model below.

Think very carefully how should we plan for our long-term needs for income, risk management (insurance coverage), and growth solutions during our different stages of working life and after our retirement.

Good model. This is definitely worth your time and effort to study it very carefully!

For Risk Management and Growth solution, once we made some very serious mistakes and locked in negative return; it is very difficult to recover without pumping even in more money.

STI ETF

What did you see?

Do you think average passive investors don't need to do their homework on market timing for STI ETF?

Average Down or Pyramid Up? (5)

Read? Average Down or Pyramid Up? (4)


When people lost big in the stock market, they may go around asking what wrong with their method?

FA?

TA?

or both FA and TA?


How many people who lost big money in the stock market go around asking?

What wrong with my Mind? What wrong with my Thinking?

What wrong with my Money Management?


Read? Have you spend enough time thinking on your money management strategies?


The Truth is ...


Method, Mind, and Money Management


What are the real key drivers that truly drive us along this long journey to reach our final destination of Financial Independence?


Read more? 3M's

Stocks Soar; Dow Gains 200 Points on Jobs Data

By: JeeYeon Park | CNBC.com Writer 

 

                

Stocks closed sharply higher Friday as the monthly employment report suggested economic growth is tepid enough for the Federal Reserve to maintain its bond-buying program over the next few months.


The Dow Jones Industrial Average shot up more than 200 points, boosted by Boeing and Disney. The Dow had its second best day of the year. Only the first trading session of the year was better.

The S&P 500 and the Nasdaq also rallied strongly.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, slid near 15.

For the week, the Dow gained 0.9 percent, the S&P 500 added 0.8 percent and the Nasdaq rose 0.4 percent.

 

Olam

CPL

SEMBCORP’S SOLID WASTE MANAGEMENT SUBSIDIARY AWARDED S$299 MILLION REFUSE COLLECTION AND RECYCLING CONTRACT IN SINGAPORE

Singapore, June 7, 2013 - Sembcorp Industries announces that its solid waste management subsidiary, SembWaste, has been awarded a contract worth a total of S$299 million by the National Environment Agency (NEA) to provide refuse collection and recycling services to the City-Punggol sector of Singapore.

Sembcorp is currently the largest solid waste management provider in Singapore serving five out of nine geographical sectors in the country. The City-Punggol sector will be formed by the merging of two current sectors served by SembWaste since 2006 under existing contracts: namely the City and the Hougang-Punggol sectors. Sembcorp’s contract for the newly-merged sector will take effect upon the expiry of its existing contracts for City and Hougang-Punggol on October 1, 2013, and March 1, 2014, respectively. The new contract will last until June 30, 2021.

This transaction is not expected to have a material impact on the earnings per share and net asset value per share of Sembcorp Industries for the current financial year.

Avoid These Common Investing Psychology Traps!

By Brian Bloch | Investopedia

Various authors have written on psychological or behavioral traps that lead people in the wrong direction with their lives in general. Sometimes, these books touch on financial matters, but that is certainly not their main focus. In this article, the intention is to apply some classic forms of dysfunctional psychology directly to the investment arena. We will take a look at some of the most common traps and how to avoid them.

Anchoring

Firstly, there is the so-called anchoring trap, which refers to an over-reliance on what one originally thinks. For instance, if you think of a certain company as successful, you may be too confident that its stocks are a good bet. This preconception may be totally incorrect in the prevailing situation or at some point in the future. For example, the German consumer electronics company Grundig, which was the major European supplier in the 1970s, was wiped out in the 1980s by competition from Japan. Those trapped in the perception that Grundig was there to stay, lost a lot of money.

In order to avoid this trap, you need to remain flexible in your thinking, and open to new sources of information and the reality that any company can be here today and gone tomorrow. Any manager can disappear too, for that matter.

Sunk Costs

The sunk cost trap is just as dangerous. This is about psychologically (but not in reality) protecting your previous choices or decisions, which is often disastrous for your investments. It is truly hard to take a loss and/or accept that you made the wrong choices or allowed someone else to make them for you. But if your investment is no good, or sinking fast, the sooner you get out of it and into something more promising, the better.

If you clung to stocks that you bought in 1999 at the height of the dot.com boom, you would have had to wait a decade to break even, and that is for non-hi-tech stocks. It's far better not to cling to the sunk cost and to get into other assets classes that are moving up fast. Emotional commitment to bad investments just makes things worse.

Confirmation Trap

Linked to the above is the confirmation trap. People often seek out others who have made, and are still making, the same mistake. Make sure you get objective advice from fresh sources, rather than phoning up the person who gave you the bad advice in the first place. If you find yourself saying something like, "our stocks have dropped by 30%, but it’s surely best just to hang onto them, isn’t it?" - you are seeking confirmation from some other unfortunate in the same situation. You can comfort each other in the short run, but it’s just self-delusion.

Blindness

Situational blindness can exacerbate the situation. Even people who are not specifically seeking confirmation often just shut out the prevailing market realties in order to do nothing and postpone the evil day when the losses just have to be confronted. If you know deep down that there is a problem with your investments, such as a major scandal at the company or market warnings, but you read everything in the newspaper apart from the financial pages, you are probably suffering from this blinder effect.

Relativity Trap

The relativity trap is also there waiting to lead you astray. Everyone has a different psychological make-up, combined with a unique set of circumstances extending to work, family, career prospects and likely inheritances. This means that although you need to be aware of what others are doing and saying, their situation and views are not necessarily relevant outside their own context.

Be aware, but beware too! You must invest for yourself and only in your own context. Your friends may have both the money and the risk-friendliness to speculate in pork belly futures (as in the movie "Trading Places"), but if you are a modest earning and nervy person, this is not for you.

 

 

From Uncle8888:

 

Read? Following someone investing idea? (2)

 

 

Read? Hen and Pig go to breakfast!

Superiority Trap

For some people, the superiority trap is extremely dangerous. A lot of investors think they know better than the experts or than the market. Just being well educated and/or clever does not mean you don’t need good independent advice and, even more so, it does not mean you can outwit the pros and a complex system of markets. Many investors have lost a fortune through being convinced that they were better than the rest. Furthermore, these people are easy prey for some of the other traps mentioned above.

There are (and have always been) professors of finance at the best universities who really are brilliant technically, and this can delude them into thinking that the pickings are easy out there in the real world. Some really do cut it, but others are in for a rude awakening beyond the ivory tower. Odd as it may sound, someone with a Ph.D. in finance may in fact lead you in the wrong direction (too calculating, too confident), while someone with no more than a high school diploma may have an amazing feel for the market and make a fortune.

The Bottom Line

Human psychology is a dangerous thing, and there are some alarmingly standard mistakes that people make again and again. It is very easy in the heat of the moment, or when subject to stress or temptation, to fall into one of these mind traps. The wrong perceptions, self-delusion, frantically trying to avoid realizing losses, desperately seeking the comfort of other victims, shutting out reality and more can all cost you dearly. Be aware of the nature of these traps and always be honest and realistic with yourself. Furthermore, seek advice from competent and knowledgeable people of integrity who will bring you back to reality before it is too late.

Sembcorp plans IPO of water, power JV in Oman

By

ronnie lim

         

 

The Salalah IWPP project: This consists of a 445-megawatt gas-fired power plant and a desalination plant producing 15 million gallons of water daily. - PHOTO: SEMBCORP

SEMBCORP, which inaugurated its new US$1 billion independent water and power project (IWPP) in Salalah, Oman, last month, is preparing for an initial public offering of the IWPP's JV company on the Muscat Securities Market.

The Sembcorp Salalah Power and Water Company, in which Sembcorp Utilities holds a majority 60 per cent stake, will see its stake diluted by 35 per cent after the IPO, reports said.

Other stakeholders are Oman Investment Corporation with a 35 per cent stake, and Bahrain-based Instrata Capital with 5 per cent.

The Times of Oman reported this week that company officials have started discussions with the Capital Market Authority (CMA) on the share issue.

20th Anniversary of the Great Singapore Sale (3)

Let have GSS in stock market too!

- 7.7% drop over 15 days!

Broke the last rebound at - 5.2%.

More panic stepping up .... GSS coming!

 

Broad Selloff: Stocks Tumble 1%, Dow Falls 200 to Close Below 15,000

By: JeeYeon Park | CNBC.com Writer

                

Stocks posted sharp declines across the board Wednesday, with the Dow ending below 15,000, following weakness in overseas markets and amid concerns over when the Fed will start tapering its bond-buying program on the heels of several mixed economic reports.


The Dow Jones Industrial Average suffered its worst one-day drop in nearly two months, tumbling 216.95 points, or 1.43 percent, to close at 14,960.59, led by Alcoa and Walt Disney. The Dow has declined 1.92 percent over the last two days, logging its biggest two-day drop since November.

The S&P 500 slumped 22.48 points, or 1.38 percent, to end at 1,608.90. And the Nasdaq dropped 43.78 points, or 1.27 percent, to finish at 3,401.48.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 17.

STI will drop below its support today!

 

20th Anniversary of the Great Singapore Sale (2)

From 31 May to 28 July 2013, experience eight weeks of fabulous shopping and enjoy great deals on just about everything, everywhere


Let have GSS in stock market too!

- 6.3% drop over 14 days!

Once more panic stepping up .... GSS liao!

Keppel O&M to build semisubmersible worth about US$800 million for Azerbaijan

Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semisubmersible drilling rig, which includes owner furnished equipment, worth about US$800 million.
Scheduled for delivery in 4Q 2016, the rig will be built to Keppel FELS' proprietary DSS^TM 38M design, which has been customised for the Caspian Sea's harsh environment condition.

The DSS^TM 38M is designed for a drilling depth of up to 40,000ft and operations in 1000m water depth. To meet the customer's requirements, it has been outfitted to include an 800m self-contained eight point mooring system designed to meet high wind speeds in the harsh Caspian environment. The pontoons have been designed for the rig to transit in channels with shallow draft of less than seven metres.

Mr Tong Chong Heong, CEO of Keppel O&M said, "Keppel O&M will harness the synergies of its global network of yards in the design and construction of this rig."

Keppel's yard in Azerbaijan, CSC, will carry out the fabrication, integration, testing and commissioning of the rig while its joint-venture yard with SOCAR, Baku Shipyard LLC, will undertake part of the fabrication of the pontoons and columns. Keppel FELS will provide engineering, procurement and technical support.

"Keppel O&M has built up a strong track record in delivering significant projects for Azerbaijan and this latest order is an affirmation of our abilities to deliver to our customer's need. Having operated in Azerbaijan since 1997 and developed a strong partnership with SOCAR, we understand the requirements for rigs to operate in the Caspian environment.

"This is an important market with great potential which is why we have added another yard, Baku Shipyard, to our capabilities here. Together, our yards are able to provide value-added solutions and extend our offerings for the Caspian Sea. We have tailored the DSS^TM 38M design as a cost-effective rig equipped with the latest safety and environmental features to operate efficiently in the Caspian Sea," added Mr Tong.

Jointly developed and owned by Keppel's Deepwater Technology Group and Marine Structure Consultants, the DSS^TM 38M design is an enhanced design of the successful DSS^TM 38 rigs that are operating in Brazil.

The President of SOCAR, Rovnag Abdullayev, said, "We are keen to expand our offshore drilling programme to drill wells such as the Babak and Absheron fields in addition to the Shah Deniz field. We have ordered the first of our new next-generation rigs from Keppel. We are confident that the Keppel-designed rig is a robust and efficient rig that will increase our offshore drilling capabilities."

The Caspian Sea holds a tremendous amount of untapped oil and gas reserves and Azerbaijan is the largest offshore producer in the region of both oil and gas. SOCAR stated recently that it intends to build more rigs in the near future.

CSC is the most established yard in the country and has a track record of completing rigs for the Caspian Sea, having delivered the first semisubmersible (the DSS^TM 20 Maersk Explorer, renamed the Heydar Aliyev), jackup rig (Transocean's Trident 20 jackup rig) and ice-class Floating Storage and Offloading (FSO) vessel built in-country. This was done in collaboration with its sister yards in Singapore which fabricated modules that were then shipped through the narrow Volga Don Canal for completion at CSC.

The above contract is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year.

-End-

 

 

Uncle8888's estimated Kep Corp's order book

 

 

 

 

 

Average Down or Pyramid Up? (4)

Read? Average Down or Pyramid Up? (3)


The Greatest Sin ever committed by newbies in the stock market and get their backside badly burnt!






What do you think it is?


















They keep averaging down their beloved stocks!!!


If you still don't believe, you can go around and visit investment and trading blogs to find out yourself.

Once you have locked in massive losses and negative return, it is extremely difficult to recover unless you have the financial strength to pump in massive investing capital again.


Don't ever attempt it or you regret it for long, long time!

Read? More on Average Down

20th Anniversary of the Great Singapore Sale

From 31 May to 28 July 2013, experience eight weeks of fabulous shopping and enjoy great deals on just about everything, everywhere


Let have GSS in stock market too!

-4.9% drop in 12 days!

Once the panic steps in .... GSS liao!

 

When stock market panic again likes in 2008/09 again. Be emotionally prepared!

Just For Thinking ...

When STI Blue chips became Blue Black chips ....


No where to hide. Nothing is defensive!

 

 

 

 

 

 

Winter is not forever, when Robins come .....

 

 

 

 

 

 

 

 

 

Life starts at 60, how long will funds last?

think, June 2, 2013 thesundaytimes, pg 43


Life starts at 60, how long will funds last?

As retirees, we need to avoid two big money mistakes commonly made by many retirees during their financial planning for retirement income for life.


No 1: Not adequately factor in year-on-year inflation for retirement income cash flow. Our passive income (e.g. dividend income from stocks) from our investment portfolio is never inflation proof or inflation adjusted. When we need to top up any short fall in our retirement income, we may then commit the bigger No 2 money mistake.

No 2:  We are forced to sell assets when the market is slumping to meet shortfall in retirement income. This is definitely a Game killing move!



Uncle8888 has been thinking hard during his financial planning for Retirement Income for Life and coming out with strategy to avoid committing these two big money mistakes commonly made by many retirees.

Introducing ...


Dual Taps Cash Flow Balancing and Contingency

Tap 1:

During good times, cash flow from his investment portfolio should be able to fund his living expenses. Investment strategy will still be Growth-dividend focus to counter  the effect of year-on-year inflation threat.

Tap 2:

Tap 2 is normally corked!

But, it has the financial capability to fund at least 67% of his annual living expenses at 3% inflationary rate till 80 years old of age. It will definitely help Uncle8888 to avoid committing two big money mistakes commonly made by many retirees. The remaining 33% coming from investment cash flow should not be too difficult to achieve even in worse market condition.

 
 

We are not high income earners. Can we be part of the statistics to become one of millionaire households???

Just For Thinking ....


From Wikipedia, the free encyclopedia

Singapore has the world's highest percentage of millionaires, with one out of every six households having at least one million US dollars in disposable wealth. This excludes property, businesses, and luxury goods, which if included would further increase the number of millionaires, especially as property in Singapore is among the world's most expensive.

Despite its relative economic success, Singapore does not have a minimum wage, believing that it would lower its competitiveness. It also has one of the highest income inequality levels among developed countries, coming in just behind Hong Kong and in front of the United States.

Population: 5.46 million

Percentage of millionaire households: 8.2%

 

The small city-state of Singapore counted 98,000 millionaire households in 2012, a significant number for a country with a population of just over 5 million.

Read? Can Anyone Become a Millionaire? Yes, yes and yes.


We are not high income earners. But, can we be part of the statistics to become one of millionaire households in Singapore???

1. Living below your means. Save more for your war chest for the Bear markets.
2. Invest for compounded growth (CAGR). Go for Growth-Dividend investing strategies.
3. Avoid losing your investing capital. Once you have locked in negative returns; it is much harder to recover from your losses than to grow your investment portfolio
4. Never ever stop in your engagement for more investing knowledge. Soak yourself daily in the world of economic, financial, companies and stocks news.
5. Your investing effort is inversely proportional to your investing skills
6. Set your yearly investing goals.
7. Track and measure your investment portfolio diligently.

Then, you may be part of the statistics after XX years in the market!








Yes. You can!

DOW : Sell in May and Go away??? 15,115.57 Down 208.96(1.36%)

By: JeeYeon Park CNBC.com Writer

Stocks ended the month of May with big losses, with the Dow and S&P 500 posting their worst one-day drops since mid-April, but major averages still logged monthly gains.

The Dow Jones Industrial Average tumbled 208.96 points, or 1.36 percent, to close at 15,115.57, dragged by Hewlett-Packard and Pfizer. This was the eighth session in a row where the blue-chip index traded in a triple-digit trading range.

The S&P 500 slumped 23.67 points, or 1.43 percent, to end at 1,630.74. And the Nasdaq fell 35.39 points, or 1.01 percent, to finish at 3,455.91.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 16.

While all three major averages finished lower for the second-consecutive week, the Dow rallied 1.86 percent, the S&P 500 jumped 2.08 percent, and the Nasdaq soared 3.82 percent for the month of May, defying the traditional Wall Street slogan: "Sell in May and go away."