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, 1 March 2014

Learn from late Uncle Chua??? (2)



Read? Learn from late Uncle Chua???


Learn to play golf like Tiger Woods?











Athlete Eldrick Tont Woods, better known as Tiger Woods, was born on December 30, 1975, in Cypress, California, the only child of an African-American Army officer father and a Thai mother. When Woods was a child, his father began calling him "Tiger" in honor of a fellow soldier and friend who had the same moniker. Around this same time, Woods learned to play golf. His father, Earl, served as his teacher and mentor. Around the age of 8, Woods had become extremely proficient at the game, even showing off his skills on television shows such as Good Morning America.

Read more? Tiger Woods


Tiger Woods is a genius in golf.

Do you remember reading any advertisement by golf coaches saying that they can train you to play like Tiger Woods for a fee?


No. Right?

Learn to invest like Warren Buffet?


Buffett demonstrated a knack for financial and business matters early on in his childhood. Friends and acquaintances have said the young boy was a mathematical prodigy, and was able to add large columns of numbers in his head-a talent he still occasionally shows off to friends and business associates.

Warren often visited his father's stockbrokerage shop as a child, and chalked in the stock prices on the blackboard in the office. At 11 years old he made his first investment; he bought three shares of Cities Service Preferred at $38 per share. The stock quickly dropped to only $27, but Buffett held on tenaciously until they reached $40. He sold his shares at a small profit, but regretted the decision when Cities Service shot up to nearly $200 a share. He later cited this experience as an early lesson in patience in investing.


Read? Warren Buffet



Do you remember reading any advertisement by "Gurus" saying that they can train you to invest like Warren Buffet for a fee?


Plenty. Right?

You can also read many books on "investing like Warren Buffet" but none of these books is written by Warren Buffet himself.


Warren Buffet is a genius in investing.



Can we learn from genius and copycat the genius by putting in at least 10,000 hours to learn all we can from genius?


Find your own answer at looking at the mirror every morning.

Mirror, Mirror, Mirror!


Now, we can learn from an illiterate but successful retail investor?

Look at his stocks pick


Uncle Chua's Portfolio & Dividend Income : Sheet1Profit from a REAL-LIFE success story of a retail investor who picked the right stocks.
Estate of Chua-----DECEASED
Uncle Chua's Portfolio & Dividend Income
SCHEDULE OF DIVIDENDS (01/01/2001 - 31/12/2001)
Date of PaymentName of CompanyWarrant NoNo. of SharesGross DividendTaxNet Dividend
Singapore Dividends
1/6/2001Sing Tel302002265577.581687.42
1/26/2001SPH33858169294316.912612.1
1/26/2001SPH3385827086.46907.0320179.37
1/22/2001Natsteel Ltd10000081879.1920879.1961000
3/9/2001Times Publishing5000450110.25339.75
3/16/2001Asia Pacific Breweries10031211957.722929.649028.08
3/20/2001F&N9250011028.872702.078326.8
4/12/2001WBL1530030674.97231.03
4/12/2001Robinson & Co184291474.32361.211113.11
5/3/2001SPH338586771.61659.045112.56
5/3/2001Straits Trading26340790.2193.6596.6
5/22/2001OUB847205930.41452.954477.45
5/22/2001OUB847203388.8830.262558.54
5/31/2001DBS241763868.16947.72920.46
5/31/2001DBS241763626.4888.472737.93
6/6/2001Keppel Fels1000030073.5226.5
6/13/2001TIBS30010.52.577.93
6/13/2001OCBC210000273006688.520611.5
6/13/2001OCBC21000021000514515855
6/15/2001UOB1980304950712129.3437377.66
6/19/2001Keppel Capital562503375826.882548.12
6/20/2001Keppel Corp112501462.5358.311104.19
6/20/2001United Engineers266661066.64261.33805.31
6/29/2001Sembcorp14756363.990.35273.55
7/6/2001Asia Pacific Breweries10031211957.722929.649028.08
7/9/2001F&N9252011028.872702.078326.8
7/10/2001Times Publishing5000331.1381.13250
7/30/2001SIA35000700017155285
8/20/2001OUB8472042361037.823198.18
8/20/2001OUB847203388.8830.262558.54
8/20/2001DBS241763384.8829.242555.56
8/24/2001WBL15300459112.46346.54
8/31/2001UOB19803029704.57277.622426.9
9/4/2001OCBC210000105002572.57927.5
9/26/2001Sing Tel302001661406.951254.05
10/8/2001Straits Trading26340526.8129.07397.73
11/16/2001Robinson & Co184294054.38993.323061.06
11/22/2001SIA350001050257.25792.75
12/21/2001TIBS30013.473.310.17
Total371434.0792284.25279149.82
Malaysian Dividends
3/19/2001Pub Fin F80001260Tax-Exempt1260
Total (RM)12601260
Singapore Dividends
1/22/2001Natsteel Ltd10000010000Tax-Exempt10000
3/14/2001Cerebros290001740Tax-Exempt1740
3/14/2001Cerebros290001160Tax-Exempt1160
Total1290012900
Dated: 22 November, 2002


He got stock tips from his brokers or his common sense???


During his time, these were strong blue chips that paid good dividends and likely to be able to survive over market cycles

Uncle8888 also likes to assume that probably those weaker blue chips that didn't pay him good dividends were already sold.

Keynes finally realized that

.. long-term investing principles that build wealth without churning your stomach at every market turn.

If you seek long-term value in businesses that will be around in every market cycle, generate cash and dividends, you will probably make money. The key to success is not only holding onto those stocks through thick and thin, but holding onto the idea of selecting those investments with great care.



Read? Warren Buffett's Secret Sauce

Read? John Maynard Keynes’s Own Portfolio Not Too Dismal

Honestly, which is the easier way to learn?

From genius or illiterate?


Who?





S&P 500 hits new record

 

NEW YORK: US stocks on Friday finished mostly higher with the S&P 500 hitting a new record peak, even as the tech-rich Nasdaq Composite Index declined on profit taking.

The Dow Jones Industrial Average rose 49.06 points (0.30 per cent) to 16,321.71, while the S&P 500 tacked on 5.16 (0.28 per cent) at 1,859.45, setting a new closing record.

But the Nasdaq shed 10.81 (0.25 per cent) at 4,308.12, stepping back after striking a 14-year high Thursday.
For the entire month of February, the Dow rose 622.86, or 3.97 per cent, its biggest monthly gain since January 2013.
The S&P 500 jumped 76.86 (4.31 per cent) in February, while the Nasdaq powered up 204.24 (4.98 per cent).

"The Nasdaq has been a clear outperformer and you're seeing a number of companies taking it on the chin," said Michael James, managing director of equity trading at Wedbush Securities.

"They've had a pretty good run," James said. "It's time to take some profits."

Analysts said investors were generally optimistic about growth in the US economy, dismissing recent weak economic data as largely the result of unusually cold winter weather that has depressed economic activity.

Among the Nasdaq companies to see declines were software maker Splunk, which finished 2.9 per cent lower after surging early in the day, and cloud-computing company Salesforce.com, which dropped 5.8 per cent after a big rise on Thursday.

Other prominent Nasdaq members also fell, including Facebook (-0.7 per cent), Netflix (-1.5 per cent) and Tesla Motors (-3.1 per cent).

Men's retailer Jos. A Bank Clothiers rejected a $63.50 per-share takeover offer from rival Men's Wearhouse, but agreed to meet to discuss a potential deal. Jos. A Bank rose 3.0 per cent to $62.08, while Men's Wearhouse jumped 6.7 per cent.
Banking giant Citigroup slipped 0.1 per cent after disclosing that it would trim its 2013 earnings by $235 million due to fraud uncovered at its Banamex subsidiary in Mexico.

Retailer Gap Inc. edged 0.2 per cent higher as it boosted its divided by 10 per cent to 88 cents per share in fiscal year 2014.

Bond prices were mixed. The yield on the 10-year US Treasury rose to 2.66 per cent from 2.64 per cent, while the 30-year slipped to 3.59 per cent from 3.60 per cent. Bond prices and yields move inversely.



 

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