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

Friday, 25 September 2015

Invest Like An Ant, Not A Grasshopper???


Good contribution from Ray Ng. Thank you!

蚂蚁和蟋蟀的寓言




文/端宏斌


在夏天,蚂蚁们是辛勤的劳动者。

但蟋蟀呢?天天“叽哩叽哩”的唱着歌,过着游手好闲的日子。

蟋蟀对蚂蚁的辛勤工作感到非常奇怪。“喂!喂!蚂蚁先生,
为什么要那么努力工作呢?偶尔稍微休息一下,像我这样唱唱歌不是很好吗?”可是,蚂蚁仍然继续工作着,一点也不休息。

蟋蟀不再理蚂蚁。“啊!真是一些笨蛋!”

夏天结束了,秋天也过去了,冬天终于来了。

蟋蟀瘦得不成样子,到处都是雪,一点食物都找不到。

蟋蟀眼看就要倒下来,蹒跚的走在雪地上。

一直劳动着的蚂蚁,冬天来了也不在乎。因为有丰富的食物。

当蟋蟀找到蚂蚁时,蚂蚁们正快乐的吃着东西!

“蚂蚁先生,请给我点东西好吗?我快要饿死了!”

蚂蚁们吓了一跳。“咦!你不是在夏天里见过面的蟋蟀先生吗?你在夏天里一直唱着歌,我们还以为你到了冬天会是在跳舞呢!来吧!吃点东西,等恢复健康,再唱快乐的歌给我们听好吗?”

蟋蟀吃着东西,忍不住落下悔恨的眼泪。

童话续集

我们的故事从第二年的夏天开始。


冬去春来,春去夏又来,蚂蚁们继续着他们祖祖辈辈的辛勤劳动。这时他们又遇到了蟋蟀先生,正如大家所预料的那样,蟋蟀先生并没有想要劳动的意思,仍然是一副老样子,成天“叽哩叽哩”的唱着歌。

蟋蟀先生对蚂蚁们说道:“喂!喂!蚂蚁先生们,为什么要那么努力的工作呢?偶尔稍微休息一下不是更好吗?跟着我一起唱歌吧。”

蚂蚁们很生气,回答道:“你听好,蟋蟀先生,你怎么又在唱歌了?难道以前的事你都忘掉了吗?”

蟋蟀先生说:“当然没有忘记,我很感谢你们对我的帮助,但是偶尔休息一下聊聊天也挺好呀。顺便也可以听听我的歌。”

蚂蚁们对蟋蟀先生的回答很不满,回答道:“蟋蟀先生,我们对于你说的话感到非常失望,如果你打算继续唱歌,我们也无权阻止你。但请你在冬天的时候不要再来向我们乞讨吃的,我们不会再把自己的劳动所得分给你。对不起,我们要开始干活了,再见。”

蟋蟀听完蚂蚁的话似乎感觉有点尴尬,说道:“那好吧,原先我是想向你们说说我的某些发现。但既然你们这么讨厌我,那就等到冬天再说吧。”

说完,蟋蟀走了。蚂蚁们纷纷开始摇头,他们知道江山易改,本性难移,等到冬天蟋蟀肯定还会再来找他们的。

夏天结束了,很快秋天也过去了,终于冬天来了。

天空开始下起了小雪。蚂蚁们此时正在家中吃着夏天收集的食物,忽然有一只蚂蚁慌慌忙忙的跑进来说道:“你们快出来看看,蟋蟀来了!”

其他蚂蚁说道:“果然,这家伙又来向我们要吃的了。”

但跑进来的蚂蚁说:“不是的,他是来向我们送吃的!别说了,你们出来看一下吧。”

蚂蚁们都跑出来看热闹。只见蟋蟀是开着一辆豪华车来的,边上还坐着一位年轻的母螳螂,似乎是他的女朋友。看到蚂蚁们都出来了,蟋蟀从后备箱拿出大量吃的东西,同时说道:“蚂蚁兄弟们,我给你们送吃的来了,上回冬天你们给我吃的东西太好吃了,这回我也送些好吃的给你们。

蚂蚁们简直不敢相信自己的眼睛。一只蚂蚁说道:“蟋蟀先生,你发达了!”

蟋蟀笑着说:“做点小投资,小赚赚。”

蚂蚁们一下子就把蟋蟀围了起来,七嘴八舌地问蟋蟀是怎么发财的。

蟋蟀搓着手说道:“其实半年前我就想和你们说了,只是你们不给我机会。说来很简单,上回冬天你们给我吃的东西,当时我注意到食物的价格非常高,已经高得离谱了,所以我就跑去市场上卖空粮食。等到夏天,我发现食物的价格低得离谱,于是我就补回,并且大量做多粮食,现在你看,价格又涨上来了……”

蚂蚁们一边听一边流着口水,一副羡慕的样子。蟋蟀边讲边把好吃的都搬了出来,最后他说:“医生告诉我,现在这儿的天气对我的身体不好,所以我打算跑去南方度假,顺便来看看大家。明年见,我的蚂蚁兄弟。”

目送着蟋蟀飞驰而去,蚂蚁们忽然觉得自己白活了这么久,这些都是明摆着的事情,为什么自己早先却没有看出来?一想到蟋蟀成天唱歌无所事事就赚这么多,而自己每天蝇营狗苟累得半死,也没多少好处,蚂蚁们心里极不平衡。

当天蚂蚁就作了个决定:好处不能让蟋蟀一个独享,所以我们也要马上加入这场投机盛宴。

时间过得很快,转眼又是夏天了,蟋蟀从南方度假归来,想去探望一下蚂蚁兄弟们。于是他来到蚂蚁工作的地方,可是连一只蚂蚁也没看见。他又来到蚂蚁的家门口,开始高声唱起歌来。过了一会儿,蚂蚁们出来了。

蟋蟀似乎发现蚂蚁们少了许多,于是问道:“我的蚂蚁兄弟,最近过得可好?”

蚂蚁们有些愁眉苦脸,回答道:“很不好,我们损失了一半的兄弟。都是饿死的。”

蟋蟀简直不敢相信自己的耳朵,说道:“饿死?没有搞错吧!勤劳的蚂蚁也会饿死?”

一只蚂蚁走过来说道:“我来告诉你发生了什么……”

原来,当初蟋蟀的拜访给蚂蚁带来很大的震动,他们第一次开始去了解市场行情,发现食物的行情每天都在创新高,蚂蚁们坐不住了,他们把所有的积蓄都投入了食品交易,由于蚂蚁们天生勤劳的性格,他们每天都要做十次以上的交易,要是不做点什么就觉得浑身不舒服而且生活也缺少了意义。

最后,到春暖花开的时候食品价格达到了难以想象的新高,所有蚂蚁都赚钱了,大家很高兴。期间经历过数次价格暴跌,但都挺过来了,蚂蚁们认为市场将永远保持上涨。

与此同时各类消息满天飞扬,例如:著名评论家屎壳螂先生发表研究报告称,食品价格会下跌是没有道理的,因为屎壳螂们已经有数月没有在野外找到新鲜食物了,这证明了食物的短缺将延续很长一段时间,因此价格将继续保持上升通道。

听到这里,蟋蟀差点笑出声来,他打断了蚂蚁的陈述,说道:“你们被该死的屎壳螂骗了,屎壳螂是吃屎的,你们不吃屎,他说的食物和你们说的食物是两码事!”

那只蚂蚁回答道:“谁说不是呢,但请听我说完……”

屎壳螂刚发表完研究报告就被人揭露了这一致命错误,但屎壳螂毕竟是专家,他很快发表了第二份研究报告,并精辟地指出粪便是食物的延续,也就是食物的衍生品,假设每十单位食物可以产生八单位粪便的话,在食物价格高企的情况下,粪便的价值明显被低估了。有理由相信,粪便在此后的表现将远远优于大盘。因此决定将粪便的评级从“谨慎持有”上调到“坚决买入”。

蚂蚁们实在看不出这份报告有什么问题,在逻辑上完全正确。因此按照屎壳螂的推荐,拼命购入粪便,进行囤积。蚂蚁们只知道粪便的价格会涨,因此买入,又由于粪便市场原本就小,一买就涨,蚂蚁很开心,纷纷称赞屎壳螂是“有良心的股评家”。

与此同时,屎壳螂获得了大量的经济利益,由于钱实在太多,使得屎壳螂竟然放弃了吃屎的传统,转而吃真正的食物了。因此,蚂蚁竟成了市场上唯一的粪便买家。

随着天气越来越暖和,高价食物终于开始下跌,同时,粪便市场也终于大崩盘。蚂蚁们损失了所有的钱财和食物,手上剩下的只有大量的粪便。

蟋蟀一边听着,一边不住的叹气,说道:“这么说来,你们是靠吃大便活到现在?”

蚂蚁们点点头,其中一位老蚂蚁说:“那些不愿意吃的弟兄们都死了,愿意吃的都活到现在。不过话也说回来,这东西闻着臭,吃起来还挺香的,嘿嘿。”

蟋蟀听完,觉得肚子里一阵阵的恶心。

一只蚂蚁站出来说道:“别说没用的了,蟋蟀先生,今天机会很好,我很想问问你,为什么我们搞到最后竟然要吃大便?”

蟋蟀想了想,说道:“你们具体吃什么我不知道。我只知道夏天买入,冬天卖出,其他时间我什么也不做,我要享受生活。仅此而已。”

蚂蚁听了觉得很惊奇,纷纷说道:“难道就这么简单?”

“是的,就是这么简单。”蟋蟀轻轻地说。


CW88888: Grasshopper reaches FIRE (Financial Independence Retire Early) while Ants are still busy working and hoping to be re-employed till 67.

Follow Grasshopper or the large community of Ants?


Invest Like An Ant, Not A Grasshopper

















Thursday, 24 September 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (6)


Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (5)

Be very very patient with CPF Investment Account while earning your 2.5% CAGR. Great STI Sales is definitely worth waiting for.

Read? Your CPF Investment Account : Uncle8888's foolish advice again!!! (4)

Uncle8888 loves his CPF Investment Account and still maintaining it after 55.


 

Wednesday, 23 September 2015

DBS : Bought @ $16.98 for Round 20



Round 19: ROC +178%, 4,385 days, B $7.53 S $21.04
Round 18: ROC +144.7%, 2,174 days, B $8.27 S $20.31
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80 
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20
Round 13: ROC +9%, 65 days, B $20.50 S $22.50
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60


Total Return: 283% over 12 years or 11.8% CAGR!

Return money back to CPF OA



































Monday, 21 September 2015

Following someone investing idea? (2) : About time to do a refresh!


Tuesday, 31 May 2011

 

Read? Following someone investing idea? (2)

Another silent reader has been seriously reading past blog posts. The last silent reader who did was in Dec 2012!

Uncle,

I started reading your 1st blog post from 2006 since my first email to u n hope to improve my investing knowledge. Really alot info there although some posts i not quite understand. Read till Aug 2009 now, u said need to measure the CAGR. 

Good Morning Uncle,

I am one of the silent reader of your blog, can i learn DIY investing from you?

I started investing two years ago, my portfolio until now all red red because i just follow people buy and never do any homework. No strategies and plan action as newbie. When market drop last few days i also dont dare to buy, just hope my portfolio to breakeven later but it seems abit difficult.

Thanks in advance.
 Uncle,

Some guru said " be greedy when others are fearful".
If like that, v should buy oil & gas stocks which are unloved now.  But hor, catch the falling knives very dangerous also.

See the portfolio drop quite alot, actually v should be patient right? But then when v should re- balance our portfolio? Read alot people cut loss to increase their cash balance. Think v shld sell when market is doing well, mayb should control our mind.
 Uncle, 

Read thru yr blogpost till Jul 2012, realised that v shld concentrate on local stocks and not REITs & Trust. bcos of the % payout & div yield. Since i have active employment, cash flow from div shld not be my main consideration of choosing stocks.

After consider the foreign currency risk, i plan to sell the foreign REITs & Trust which are denominated in IDR & Yen. So tht can gt back some money and deploy it when opportunity arise. 

Hope to change my habit of collecting losing positions.

Mind, Method & Money......need time to find out how to use it properly

Thx for the blogposts.....still in progress reading
CW8888's reply: Wow. You are among the rare few who took your precious time to slowly digest.
 Haha...bcos lose until need to find way improve my skill.

Went to seminar and workshop, they teach the calculations which i dont think is helpful. 

I like this quote

"Our initial big losses may actually be a blessing in disguise to prevent us from doing more foolish thing in the future."

SEMBCORP DIVESTS SEMBSITA PACIFIC AT AN EXPECTED S$350 MILLION* GAIN

SINGAPORE, September 21, 2015 – Sembcorp Industries (the Group) announces that its wholly-owned subsidiary, Sembcorp Environment, has signed an agreement to divest its 40% stake in SembSita Pacific Pte Ltd (SembSita) to 60% joint venture partner, Suez Environnement Asia (Suez), for a sale consideration of A$485 million. SembSita is an investment holding entity for an integrated waste management business in Australia.

This divestment will result in an expected net gain of approximately S$350 million* for the Group for the financial year ending December 31, 2015.




 CW8888: $0.15 dividend for 2015 should be there?



Commenting on the divestment, Sembcorp Industries Group President & CEO Tang Kin Fei said, “Since we first invested in SembSita in 2000 with Suez, the joint venture has grown significantly and become one of the leading integrated waste management players in Australia. Proceeds from its sale will provide us with additional resources to invest in businesses and markets with high growth potential, in line with our focus on the energy and water sectors.”

The divestment is subject to Foreign Investment Board Review approval in Australia, and is expected to be completed by the fourth quarter of 2015.


- END -

Sunday, 20 September 2015

Top Up CPF SA From CPF OA? Depending On Who You Ask! (5)



Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (4)

Here not much theory but more hands-on experience!

This wealth formula from CW8888. Die die you must understand!

Wealth = Asset Value + Cash Flow

Trust but verify - SMOL

Verify. Verify. Verify till you fully understand the huge difference between Asset Value and Cash Flow.

Transfer from CPF OA to CPF SA?

Uncle8888 did it only once; but he couldn't really recall why he did it. Probably, at that time he could have been seduced by some sexy article somewhere on the magical 4% CAGR CPF SA compounding machine. But, the following year, probably after reading too many investment and finance books; and more hands-on practices in the stock market; he became wiser and was able to overcome the sexy temptation of magical 4% CAGR CPF SA and not getting himself locked more into this One Way Traffic.

Wealth formula again!

Wealth = Asset Value + Cash Flow

Topping up CPF SA is nice and risk free compounding; but it only has asset value with cash flow locked till 65.  For the younger CPF members they may see locking up to 67 or more.

From 55 to 65; asset richer but no cash flow from this richer asset. Shiok?

Looking back; Uncle8888 was happy for not topping more into his CPF SA from CPF OA; otherwise he could have joined the two jokers to shout for Return Our CPF!

He was personally affected by the shifting goal post from 55 to 60, 60 to 62, and then 62 to 65!

Imagine he was happily topping every year to his CPF SA and expecting to receive his cash flow at 60 but the goal post was shifted to 62 and then shifted again to 65 before he reaches 55. Tua Tulan! Right?
 
No. Uncle8888 didn't tulan as he didn't put more. Now with a bigger lump sum in his CPF OA; after 55 at his own time and own target once a year he can decide how much cash flow he wishes to withdraw to spend or invest for higher yield when Mr. Market presents him the rare opportunity.

Compounding asset is wonderful; but cash flow is indispensable when we seriously need them.


People top up their CPF SA. You top up?

People has plenty of liquidity. You also have?

Can anyhow follow?


 




 



 

 

Passive Income and/or Eating Off Our Capital (War Chest)???


How many investment bloggers will deliberately choose to eat off our capital (war chest) as supplementary to passive income strategy as sustainable retirement income for life?

 
Our passive income strategy may come from dividend incomes (dividend payout ratio of 90% or more), growth dividends (dividend payout ratio of 60% or less) and rental income, etc

Dividend incomes are not that difficult to find. Come Monday, we can get from the market at least 6% yield; but not for growth dividends. For that, we may have to wait for years for Mr. Market to throw them at us. While waiting for growth dividends opportunity; so how?

One way is to eat off part of our capital (war chest) while waiting. 

This will be the cost of premiums for growth dividend and capital appreciation investing strategy. This may not be the preferred investing method by most investment bloggers for financial independence; but it is not necessary bad.

Uncle8888 is taking this approach as he is hungry for growth and not giving up to find more multi-baggers.
 


 


The Reason Now You Can See Them???


uncle

u got semb corp and keppel corp?

you bought at very low price?

Hmm ...
The reason now you can see them at very low price because Uncle8888 has been holding them for a long time. If they were sold much earlier; you won't be seeing them now and asking. 

Right?




Saturday, 19 September 2015

Book : The Busy Doctor's Investment Guide


Okay. Got another unread investment book to borrow from NLB.

Hmm ...

Wah!


"And being frugal was all I had learned from my dad about money. But fragility carries with it a scarcity mentality." ....



This is the first time Uncle8888 read about unfavorable view on frugality from an investment author. Uncle8888 tends to agree. Not sure how many of us may tend to agree?


Our unspent money can never disappear. It will be eventually spent by others or even spent by some strangers who became close "friends".






OSIM


How come Ron Sim keep buying?

He now holds 66.21%

Undervalued?




Top Up CPF SA From CPF OA? Depending On Who You Ask! (4)


The two CPF jokers have lost in GE2015 !

Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (3)

Recently; Uncle8888 has been reading increasing interests in topping up CPF SA.

He did once to top CPF SA from his CPF OA and then realized .. oh dear and stopped!

One and only once!

Probably; the lone voice that is lost in loud CPF SA drummers!

For long journey ahead; beware of One Way Traffic as there is NO turning back when you realized you have miscalculated your liquidity needs.

Wealth = Asset Value + Cash Flow


People top up their CPF SA. You top up?

People has plenty of liquidity. You also have?

Can anyhow follow?
 
 

 









 

Friday, 18 September 2015

How Much Is Enough To Retire???


Which theory to follow?

Listen to who?

Some bloggers even give you more theories to digest. So how?

Nothing beat your own hands on experience.

Diligently track your annual household expenses to know how much is enough for you. No theory. Just hands on experience!

More chun. Right?
 






Monday, 14 September 2015

Sembcorp's First Coal-Fired Power Plant in India Commences Full Commercial Operation

Sembcorp Industries (Sembcorp) is pleased to announce that its power project in India, Thermal Powertech Corporation India (TPCIL), has successfully commenced full commercial operation with the completion of its second 660-megawatt unit. The approximately US$1.5 billion coal-fired power plant investment, which has a total capacity of 1,320 megawatts, has been operating steadily since April 2015 after the completion of its first 660-megawatt unit.

The plant, located in the coastal town of Krishnapatnam, Nellore in Andhra Pradesh, is already supplying 500 megawatts to the Andhra Pradesh and Telangana Power Distribution Companies under a 25-year power purchase agreement. The company intends to enter into new power purchase agreements in the near future.

Tang Kin Fei, Group President & CEO of Sembcorp, said, “The successful completion of our first coal-fired power plant investment in India is a significant milestone for Sembcorp. It demonstrates our strong capabilities in developing and executing large-scale greenfield projects. We now look forward to the completion of our second coal-fired power plant in Andhra Pradesh, which is expected in 2016. When fully operational, our two thermal power plants will generate a total of 2,640 megawatts of gross capacity. This will help to meet the increasing power demand in India and particularly the southern states.”

Sembcorp owns a 67.4% stake in TPCIL through its wholly-owned subsidiary, Sembcorp Utilities, while Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri Projects, owns the remaining 32.6%. Sembcorp is developing its second thermal power project in India: a 1,320-megawatt coal-fired power plant that is targeted to complete in 2016 and located adjacent to TPCIL. Sembcorp owns 49% in this second power project. Sembcorp also owns 64.06% in Sembcorp Green Infra, a renewable energy company in India with more than 700 megawatts of assets in operation and under development. With these three investments, Sembcorp has over 3,300 megawatts of power capacity in India.

The completion of TPCIL is not expected to have a material impact on the earnings per share and net asset value per share of Sembcorp Industries for the financial year ending December 31, 2015.

- END -

No Stop Loss. How???


 Someone said ...

See the portfolio drop quite alot, actually v should be patient right? But then when v should re- balance our portfolio? Read alot people cut loss to increase their cash balance. Think v shld sell when market is doing well, mayb should control our mind.

Uncle8888 said ...

Either you have stop loss strategy or none. Avoid doing late cut losses!

LATE cut losses into cash is another form of market timing. Once we have locked in negative return; it is very difficult to recover with cash only. We need to get back to stocks to recover. How many people are good at market timing to get back into stocks?


Read? Keynes Way To Wealth

Read? No Stop-Loss strategies

Sunday, 13 September 2015

You Can't Change Your Teacher; But You Can Change Your Class!!!



True Story ....


When Uncle8888's youngest son was in his primary school and his class was very unhappy with the teaching method of their new Chinese Language teacher.

One day, his youngest son took his courage to ask his Form Teacher ...

Son: "Teacher, can we change our Chinese Language teacher?"

Form Teacher: "No, you can't change your teacher; but you can change your class!"


Same same here!

Now, you can't change the PAP government; but you can change your citizenship!

How about New Zealand or Australia?


Another true story ...

Uncle8888's late father has been anti PAP and pro Opposition till his last election.

Uncle8888 could understand why his father was like that. His father has been a working poor until his eldest son (Uncle8888) took over the family support and enabled him to retire due to poor health condition.

Why do we want to blame ourselves?

Blaming the government will make us feel much better. Let do it!

 





 

Paper Losses Painful. Cut Losses Also Painful! So How??? (3)


Read? Paper Losses Painful. Cut Losses Also Painful! So How??? (2)


Why Uncle8888 has no pain?

Why he also have no paper losses year after year?







Because he loves his CPF so much!

He said No to Return His CPF!


Just Basic: Saving and Investing!

Oh! It is PAP government forced saving so it must be bad?

Really?

Depending on who you are asking?

You ask the two jokers who have spoken so much at the last GE 2015 rallies. You heard different stories of course.


 

 

Saturday, 12 September 2015

Saving and Investing. Basic Difference!!!


Read? Not Interested In Investing or Too scared To Invest???

In real life, there will be some people who are too scared to invest anymore as they have tried but lost their hard earned money and even paper losses are too painful to bear with.

Read? Paper Losses Painful. Cut Losses Also Painful! So How??? (2)

There will be Evils everywhere as we can't run away from these Evils and we have to choose to live with the lesser evil and be happy with it.

You can save hard but you will face the Evil of future inflation robbing you of your accumulated wealth down the road in the next few decades. Now, you can hide; but you cannot never escape from the Evil of future inflation!

You can invest but you are going to face one more Evil who may rob your Return OF Capital while you are expecting Return ON Capital. This bigger Evil is watching you at all times in the market  so you have no choice but to do it well; otherwise you will be done by this Evil and to be killed again by the forever Evil who is waiting for you down the road!



Save only? One evil to overcome.

Save and invest. Two evils  to overcome.


So it is for you to decide on your lesser Evil!

There is no Saint in the market. So don't hope for one!



 



 

 
 

 

 

STI ETF and Blue Chips Lovers


Don't say Uncle8888 never give tips hor!

Market timing by historical data?

Two useful images for reference to be ABOUT THERE?
 


 


On Blog Leave : 15 to 18 Sep 2015


Gone fishing for 4 days and 3 nights!

Just fishing with sunrises and sunsets

Time for the lucky fisherman vs. unlucky fishes or  unlucky fisherman vs. lucky fishes.




 


My Respect to PAP's Bedok Ward Candidate, Victor Lye!


After the late night of re-counting of votes for Aljuined GRC; at 10:30 am, Victor Lye has already out at the traffic light junction outside Hougang Mall  to greet voters and thank them for their support.

BTW; this is the third time Uncle8888 was greeted by this man at this traffic light junction. 

My respect! He truly walks or (okay station) the ground and he did solo!






















GE 2015

The Final Result: Watch what they do and not what they say!

 

Friday, 11 September 2015

Ants As Serious and Long Run (Term) Retail Investors!!!




Read? Past success??? Future Ahead???

How to overcome our worries in our investing in an uncertain market cycle?

One way to hide behind the big words of some wise men?

Aiyah. Don't worry. Be thick skin. No shame!

 If you have a worry problem, do these three things: 

1. Ask yourself: “What is the worst that can possibly happen?” 

2. Prepare to accept it if you have to. 

3. Then calmly proceed to improve on the worst.

(Carnegie 49)


Sun Tzu said:
Much computation brings triumph.

Little computation brings defeat.
How much more so with no computation.


The general who wins the battle makes many calculations in his temple before the battle is fought.


Those who understand these fundamentals will win.

Those who don't will be defeated.

How about Future Ahead???

Absolutely no one will know how our portfolio will perform in the future.

BUT, it doesn't mean that we are helpless.

NO, NO, NO!!!

We can easily STRESS TEST our own  portfolio for the worst case scenario!


Uncle8888's War Chest and his deployment plan and Stress Test on his future portfolio at the next market bottom. How bad can it be?












You don't need to win back the same way as you have lost them


Read? Average Down or Pyramid Up? (2)

Eat your vegetables!

No matters how their parents nagged them; some still don't eat their vegetables.

You don't need to win back the same way as you have lost them - CW8888

Alamak!

Still receiving email like this one ..

uncle.

u think i should average down my current stock..then can faster breakeven and sell?


Read? More on Average Down






Real People, Real Thinking on how to recover losses!

Thursday, 10 September 2015

Losing Money is part of The Game!!!



Scare of heat?

Don't be a Cook!

Scare of losing money?

Don't come to the stock market!

It is extremely difficult NOT to lose money!


 


Keppel Corporation listed as index constituent of Dow Jones Sustainability Indices

Keppel Corporation has been listed as an index component of the Dow Jones Sustainability Indices (DJSI) Asia Pacific Index for the third consecutive year. The index tracks the performance of the top 20% of the 600 largest Asia Pacific companies that lead the field in sustainability.
The company is also included as a constituent of the MSCI Global Sustainability Index and the Euronext Vigeo World 120 Index.

Mr Loh Chin Hua, CEO of Keppel Corporation and Chairperson of the Keppel Group Sustainability Steering Committee, shared, "Keppel embraces sustainability not only as a guiding principle, but on strategic and operational levels. The company's inclusion in the indices, alongside established global companies leading the field in sustainability, affirms our commitment to the highest environmental, social and governance standards. As a conglomerate operating in over 30 countries, we are committed to delivering value to all our stakeholders through sustaining growth in our businesses, empowering lives of people and nurturing communities wherever we operate."

The systems and processes that support Keppel Corporation's sustainability framework are in adherence to AccountAbility's AA1000 Principles of Inclusivity, Materiality, Responsiveness and Completeness. To communicate its sustainability strategy, practices and performance, Keppel Corporation produces an annual Sustainability Report in accordance with Global Reporting Initiative guidelines and Singapore Exchange's Guide to Sustainability Reporting for Listed Companies. The report is validated in accordance with the DNV GL Protocol for Verification of Sustainability Reporting, which draw on AccountAbility's AA1000 Assurance Standard 2008 and the International Standard on Assurance Engagements 3000 by the International Federation of Accountants.

The Dow Jones Sustainability Indices were launched in 1999 as the first global sustainability benchmarks. The indices are offered cooperatively by RobecoSAM and S&P Dow Jones Indices and track the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios.



The MSCI Global Sustainability Index comprises companies with high environmental, social and governance (ESG) ratings relative to their sector peers. The benchmark targets the highest ESG-rated companies making up 50% of the adjusted market capitalization in each sector of the underlying index.

Developed by Euronext, the primary exchange in the Eurozone, and Vigeo, the leading European agency in Corporate Social Responsibility ratings, the Euronext Vigeo World 120 Index is composed of the 120 highest-ranking listed companies globally in terms of performance in corporate responsibility.

- END -

Wednesday, 9 September 2015

Uncle, Not Bear Market Meh???


Uncle8888 sees what he likes to see. But, you too can see what you like to see.


He knows very well how he made those Money Trees in the past. 

Can this time be different?









Paper Losses Painful. Cut Losses Also Painful! So How??? (2)


Read? Paper Losses Painful. Cut Losses Also Painful! So How???

In the last GFC, this was exactly how Uncle8888 felt 


F .... painful!

F ... stupid!

Of course, he would not be feeling the same level of  F .. pain and F.. idiot if he had another million in cash or cash equivalent kept somewhere safely from Mr. Great Bear!










































Uncle8888 knows that talking to himself is cheap. 

Be less emotional? 

Think long-term? (wrong term?). 

Dividends as Pandaols. Yes for small headache Panadol can ease the pain; but not for the great pain like Migraine!

For the next Big Fat Bear; Uncle8888 will not feel the same level of pain and stupidity again as he has done it completely different this time!






Tuesday, 8 September 2015

The Real Issue of CPF???


Those who are more investing savvy will want to put in more or just leave it alone; while those who are less savvy or investing illiterate will advocate to take them out!

Is this the real issue?



Keppel delivers third KFELS B Class jackup to UMW-OG a month early


UMW Naga 8 is the seventh consecutive rig that Keppel FELS has delivered this year within contract schedule, on time and on budget. 

The yard is also on track to complete 15 rigs in 2015 as contractually scheduled, making it the second highest number of deliveries in a year following its record delivery of 21 rigs in 2013.


Read? Keppel delivers third KFELS B Class jackup to UMW-OG a month early

Monday, 7 September 2015

Set Your Goals and Enjoy Your Journey too!!!



For every overseas vacations; Uncle8888 will plan his routes and set his goals to walk up mountains and walk long trails to reach the destinations (Goals). 

Along the journey; he will do many stops to smell the flowers and watch the insects. 


Having goals doesn't stop anyone from stopping to smell the flowers and watch the insect?



So what wrong with Goals? 

When the Goals don't look right at that moment; there is no shame to do some minor adjustment and move on. We will arrive at the destination or about there but may not be absolutely there!  So what shame?




 







Not For Grasshoppers!















Are Future Market Crises Our Opportunities???


How ready are you?

How prepared are you?

How lucky are you?


When Uncle8888 thinks back ...

He was quite lucky to start seriously in Jan 2000; it was just 1 year and 9 months wait to get his first shot at market crisis opportunity to bet it bigger for Kep Corp @ $1.32 (A bigger war chest will mean that we will have more financial muscle to make it bigger) and then round after round. Till today it still remains as his oldest, largest holding and highest yield on investment cost. 

One year later; he caught his No 2, Sembcorp Ind @ $0.73; and then one year later; his No 3, DBS @ $7.53

6 years later in 2008/2009; he was caught unprepared (The Truth) and unlucky (The Feeling Good)!

Opportunities in the stock market in 2008/2009?

What opportunities?

Only have Fear and Worries!



He was busy sweating, cutting losses; switching horses and staying awake many nights wondering how and why he was so stupid!!!
 

So my sifu is right!

It is far better to regret not making more money than to feel sorry of losing your hard earned money.

My sifu started trading and investing at age of 18 following the foot-steps of his father into the stock market. 

Choose Regret or Sorry?

It is in our own hands. It is our own making!


 



 


Sunday, 6 September 2015

Mr. Market Will Made Us Look Smart or Stupid As He Likes!!!


As of now Uncle8888 will look so stupid with his large cash rotting in the bank for years!

More Good Years or More Bad Years ahead?

 























No Criminal Offence! So Got The Right To Continue To Do Them???


“In Singapore, if we had committed any criminal offence, we would already been thrown in jail!


When Uncle8888 read it this morning ...

WTF! Like the upstair neighbour.

 No Criminal Offence! So Got The Right To Continue To Do Them?

See closely what did you see?

Spot the objects contest!

How many unexpected objects hanging out there?
 



 

Saturday, 5 September 2015

The Hen & the Pig Go To Breakfast (4)



Read? The Hen & the Pig Go To Breakfast (3)

Die die also want to follow. So how?


Choose the right option (s) ..


A. Pig follows Hen

B. Hen follows Pig

C Hen follows Hen

D Pig follows Pig

What are your selected option (s)?




 
 

Those Who Talks Most About Financial Issues May Not Be Actually Financially Savvy Themselves!!!



Just realize about it from rally speeches and they know to resolve financially issues faced by others!










Create Wealth Through Long-Term Investing (Dividend Income) and Short-Term Trading (Re-entries and Exits)











Create Wealth Through Long-Term Investing (Dividend Income) and Short-Term Trading (Re-entries and Exits)


This banner has served him well for the past 15 years and that was his view when he is going up the Mountain. 

But; he cannot maintain the same view when he is going down the Mountain next year when he becomes senior citizen.


Short-Term Trading (Re-entries and Exits) will fade out!

He will move towards a truly passive income of just dividends and interests; but there is still some works to be done to achieve it!


























With his War Chest he should be able to reach his Down Mountain Goal. It will take longer but may not be that long!











Friday, 4 September 2015

Return My CPF???


Depending who you are asking?

CPF contributions and CPF Investment scheme are good for our CPF OA! No?


Uncle8888's CPF OA CAGR @ 13.7% since Jan 2002

Now who hates CPF?


























Some notes on CPF limit and ceiling:


What is the CPF Annual Limit?

 

​The CPF Annual Limit is the maximum amount of mandatory and voluntary contributions to all three CPF Accounts that a CPF member can receive in a calendar year.  The current CPF Annual Limit is $31,450. 


What are the CPF contribution ceilings?

  • ​​​​​Ordinary Wage Ceiling
     
    ​ Ordinary Wages (OW) are wages due/granted wholly and exclusively for your employment in a month and are payable before the due date for payment of CPF contributions for that month. An example of OW is your monthly salary.
    The maximum amount of CPF contribution payable on OW is the OW Ceiling, which is currently $5,000. For example, if you earn a monthly wage of $5,500, only $5,000 would attract CPF contributions; the remaining $500 would not.​​​

  • ​Additional Wage Ceiling
     
    Additional Wages (AW) are wages which are not granted wholly and exclusively for your employment in the month. These payments are usually made at intervals of more than a month. Examples of AW are your annual bonus and leave pay.
    The AW Ceiling is the maximum amount of AW that attracts CPF for the year, and can be computed using the following:
    ​$85,000 - Total OW subject to CPF​ for​ the year

    For example, if you joined the company in January 2014 with a monthly wage of $5,000 and was granted a year-end bonus of $30,000 in December 2014, the AW ceiling that is applicable would be $85,000 – ($5,000 x 12) = $25,000. Since the year-end bonus amount is more than the ceiling, only $25,000 would attract CPF contributions; the remaining $5,000 would not.
    The AW ceiling is computed on a per employer basis. You may use our Additional Wage Ceiling Calculator to compute this amount and refer to some examples of computation.


100% in your investment for passive income - stocks or properties???


Not for Uncle8888; he is super kiasi and kiasu he follows Singapore's National Water Taps solutions!

His Three Taps solutions for his Sustainable Retirement Income for life. He can sleep without nightmares over market cycles. He doesn't depend on his investment income for survival for long, long time till his 80!

Dementia. How?

Hope his children will learn from him as he has set good example of taking care of his mother-in-law during her dementia life.


Property or Stocks???


When we understand where we are coming from and understand that our property is not stronger than the Economy. 

Don't ever be mistaken about it!

How Ant thinks?

Ant follows plan and got formula somemore!

Wealth = Asset Value + Cash Flow


For property, it is true that your asset value will never go down to zero; but our cash flow may go down to zero when the rental market is soften and we can't find tenants.

Uncle8888's annual company off-site event is a good time to catch up with those veteran investors on their views on investment and their progress and development on retirement planning.

Currently, two veterans (old timer property investor) are unable to find tenant for their investment property. One is three months and the other one is 9 months. Their cash flow is zero now and for how long more?

For stocks; it true that single stock(s) may drop to zero; that is why Portfolio Management is a must for us to survive across market cycles so that our portfolio will drop big but never drop to zero. If our well diversified portfolio drop to zero;  we will have other bigger thing to worry than our investment.

Cash flow from a well-diversified stock portfolio will not drop to zero as Economy can't drop to zero.

There is no free lunch in the market - stocks or property. It is like ..

Read? You still want to play equities in your 80s?

Rolf's comment :

I spoke to one of my ex bosses and asked why he always say stocks is a waste of time. This is bcos for 30 yrs he only break even or earn so little in his stock investments.

Yet, he had countless of properties all over Sg and Msia collecting rents which I always reckon he think property is a better investments.

In his 60s now, he said to me this year, it's not about whether stock or property which is better. Both are only as good as urself.

End of the day, it is all about what suit u the best! Even for all his pragmatism and success in work or business ventures, he was easily influenced by the swing in stock markets. So it does not suit him.

While in property, he just feel so comfortable.

Eventually it's knowing urself and wat that suits u. It's the same as finding a partner, although this is much more tricky...




 



Thursday, 3 September 2015

Sustainable Retirement Income For Life!!!


Common strategies among veterans (investors or savers) from single stream to multiple streams of income.

1. Assets draw-down ONLY (Eating into your "capital" for pure savers)

2.  Assets draw-down and work part-time to slow down the rate of assets draw-down

3. Assets draw-down, work part-time and some investment income; and moving towards to more sustainable retirement income for life.

4. Work part-time and more investment income; and moving towards to more sustainable retirement income for life and extending asset-draw and protecting capital.

5. Financial independence with sustainable retirement income for life and asset draw-down as contingency i.e. Plan B and Plan C.




Self Interest vs. Vested Interest??? (4)


 Read? Self Interest vs. Vested Interest??? (3)

Learn something new from SMOL

3% p.a. yield is not too difficult; but many choose to pay fund managers to take the shits for them. Fund managers are Dung Beetles? They play useful role. :-)


Like it or not. Investing is a Game of Strategy like Chess! 

Uncle8888 was once a crazy Chinese chess player and probably that is why he also thinks too much in investing.

For low yield like 3% p.a. ; one doesn't need complex strategies to meet this goal over the next 15 to 20 years in the stock market

There will be enough opportunities in the market to meet your investing goals at the end of your investing journey. 


Wednesday, 2 September 2015

Always Ask What Stock To Buy or This One Can Buy or Not???


What stock to buy har?

This one can buy or not?

When can buy?

STI below X,XXX can buy?



Uncle8888 has not heard someone said to him something like this

Uncle, I got $XX,XXX or $XXX,XXX. How to construct an investment portfolio with X% yield?

So far, never!

Ants are rare. Grasshoppers plenty of them!


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