My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same! (3)

Read? My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same! (2)


"The general who wins a battle makes many calculations in his temple before the battle is fought. The general who loses a battle makes but few calculations beforehand. Thus do many calculations lead to victory, and few calculations to defeat; how much more no calculation at all! It is by attention to this point that I can foresee who is likely to win or lose."  - Sun Tze

We don't know what Market is doing NEXT - Up or Down; but we can know ourselves and then plan what we will be doing next. 

That is within our control - 3Ms!

3M's : Method, Mind and Money Management!

Stop Loss, Airbag or Circuit Breaker Won't Prevent Black Swan Losses

Read? Traders cry foul from loss on ASIA leveraged shorts over ex-right pricing


Market makers are here to make money for themselves and to survive any Black Swan events.

"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

STI DCB? COVID-19 vs GFC (4)

Read ?STI DCB? COVID-19 vs GFC (3)

Sell in May and go away???

Chun bo?

Place your bet or cash out and leave?

Banks Q 1 2020 - The Road Is Long

DBS Panadol 0.66 XD on 12 May 20

Take long road with panadols!

Dow rises more than 400 points despite record job losses, posts first weekly gain in three

Stocks rose on Friday even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its impact on the economy has passed.

The Dow Jones Industrial Average jumped 455.43 points, or 1.9%, to 24,3331.32, closing near its session high. The S&P 500 gained 1.6%, or 48.61 points, to 2,929.80, while the Nasdaq Composite climbed 1.5%, or 141.66 points, to 9,121.32.

All three averages posted their first weekly advance in three. The Dow and S&P 500 were up 2.5% and 3.5% for the week, respectively, while the Nasdaq jumped 6%.

cpf 1m google search (2)

Friday, 8 March 2019

Read? cpf 1m google search

One year later 7 May 2020 ...

Top google search on CPF OA 1m

COVID-19 strongly reminds us ...

COVID-19 reminds us by sending this strong message ...

Even we are willing to work freelance, part-time, semi or quasi; COVID-19 set this precedence that some of us CAN'T or DON'T

We need to find a way to make money while we sleep and also while we watch movies on Netflix or (whatever in the future on entertainment to pass time)

A Few Point X In Our Life Journey. It Is Far Better To Cross Them Sooner Than Later!!! (Updated)

Read? A Few Point X In Our Life Journey. It Is Far Better To Cross Them Sooner Than Later!!!


A few Point X for most of them ....

1. Fully pay off your residential housing loan

2. Having your first and last child

3. Reaching financial independence

4. Fulfilling your dream activities

5. Life insurance is not necessary

6. Unlikely to lose investing capital ever again when we begin to spend down our investment portfolio

GREAT SINGAPORE SALES CANCELLED DUE TO COVID-19

GSS in SGX also cancelled from lifting of CB?

No more Round 2?

LOL!

Losing Is Part Of The Game. Don't Give Up Yet! (2)

Read? Losing Is Part Of The Game. Don't Give Up Yet!

Read? Warren Buffett’s Berkshire posts record net loss of nearly $50 billion on coronavirus


Warren Buffett’s Berkshire Hathaway posted a higher operating profit on Saturday, but the coronavirus pandemic pummeled its common stock investments and led to a record net loss.

Berkshire’s first-quarter net loss totaled $49.75 billion, or $30,653 per Class A share, reflecting $54.52 billion of losses from investments, mainly common stocks. A year earlier,  net earnings totaled $21.66 billion, or $13,209 per share.

Quarterly operating profit, which Buffett considers a better performance measure, rose 6% to $5.87 billion from $5.56 billion. An accounting rule requires Berkshire to report unrealized stock losses and gains with earnings. This causes huge swings in Berkshire’s net results that Buffett considers meaningless.


CW8888:

Even Warren Buffer can lose money in the stock market. 

Should be learning from Warren Buffet on unrealized losses and focus on operating cash flow (investment income) from our investment portfolio? LOL!

Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (11)

Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (10)

From 2002 to 2021 H1 (Jan to Jun 2020)

20 years of data points.

Is buy and hold for dividend income in local SGX dead?

My Investing During COVID-19 Bear (2)

Read? My Investing During COVID-19 Bear


Up to now, end Apr 2020 and also one month into Circuit Breaker; Uncle8888's investment portfolio performance is not so damaged.

Has our local SGX market already hit its bottom at 2,233 or Round 2 coming?

The mad rush into three banks yesterday was surprisingly strong on high volume!

Income yield lovers rushing into banks after DBS maintaining $0.33 for Q1 and hoping that OCBC and UOB will follow too?

BBs buying back???

STI DCB? COVID-19 vs GFC (3)

Read? STI DCB? COVID-19 vs GFC (2)


Rebound back to test the LAST resistance level @ 2,635

Breaking soon?

Worst Cash Flow From Investment Portfolio of Stocks In SGX Since 2009? (2)

Read? Worst Cash Flow From Investment Portfolio of Stocks In SGX Since 2009?

Read? DBS’s Gupta pans banks’ dividend cuts

For his part, Gupta says cutting dividends now is “nonsensical” and “a bit of a red herring”. He notes that years of Basel reforms have left banks with “enormous capital reserves” and a clear protocol: to dip first into buffers, then counter-cyclical buffers, and finally into capital reserves. 

If this is a multi-year problem... banks will likely get to the point where they can’t pay dividends. But promising now to not pay them is, to me, illogical   - Piyush Gupta, DBS

He points to the number of retirees who own a handful of treasured DBS shares, which they use to leaven their pension pot, noting that eliminating dividends “doesn’t just hit the fat cats but people who just want to supplement their pensions a bit”. 


[SINGAPORE] Singapore's DBS Group Holdings set aside S$1.09 billion to cover the impact of the coronavirus pandemic as South-east Asia's biggest lender reported a 29 per cent fall in first-quarter profit to the lowest in 2.5 years.

DBS said provisions for credit losses surged in January-March from S$76 million a year earlier. They were well above an average estimate of S$605 million, according to Refinitiv data.

First-quarter profit fell to S$1.16 billion compared with S$1.65 billion a year earlier, in line with an average estimate of S$1.13 billion from four analysts, according to Refinitiv data.

DBS said it set aside the allowances "to accelerate the build-up of reserves", with two-thirds of the amount kept for general allowances to anticipate a "deeper and more prolonged economic impact from the pandemic." The remainder was for specific allowances, mainly for new exposures recognised as non-performing during the quarter.

DBS, which pays quarterly dividends, retained its proposed dividend of 33 Singapore cents per share for the latest quarter. 


CW8888 

:-)

With $0.66 (FY 19 + FY 20 Q1) confirmed; it is unlikely that cash flow in 2020 from investment income to be the lowest since 2009

Keppel Corp : Pump and then dump soon???

Read? Kep Corp : No more seen as oily stock???

Tomorrow 2020 Q1 result!

Two large gap down to be covered and then the worst may be over and wait for Temasek @ $7.35

Losses on Bank of China crude oil investment product could hit $1.3 billion

Walan! Lucky; this is not sold to retail investors in SG by banks here.


Read? Losses on Bank of China crude oil investment product could hit $1.3 billion

SHANGHAI (Reuters) - Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than 9 billion yuan ($1.27 billion), the Caixin financial news outlet reported on Sunday, citing official sources.

More than 60,000 individual investors involved in the scheme have lost deposits worth as much as 4.2 billion yuan, it said. A third of the total had invested more than 50,000 yuan each.

Monthly Household Expenses For Apr 2020 Is At Historical Lowest. A taste of life that is "suck" or "stuck"???

Sigh!!!

STI DCB? COVID-19 vs GFC (2)

Read? STI DCB? COVID-19 vs GFC


Next week STI will be testing 2,500 during Q1/Q4 earning result announcement!

Buy, sell or still watching?

The stock market is weird. (2)

One buys, another one sells, someone waits and all three think that they are smart.

Read? The stock market is weird.

We can really witness such weird behavior in investing/trading forums!

Go and see for yourself. LOL!

My Investing During COVID-19 Bear

28% of War Chest deployed!

Round 2 coming soon?

Read? STI DCB? COVID-19 vs GFC

OCBC Round 6 : Bought @ $8.71

Read? Why Not OCBC?


Round 5: ROC +1.6%, 3 days, B $8.70 S $8.90
Round 4: ROC +5.1%, 35 days, B $8.40 S $8.90
Round 3: ROC +0.5%, 5 days, B $8.55 S $8.65
Round 2: ROC +5.5%, 6 days, B $7.95 S $8.45
Round 1: ROC +1.7%, 6 days, B $8.40 S $8.60

An oil futures contract expiring Tuesday went negative in bizarre move showing a demand collapse

CW8888: Unprecedented craziness in the market and anything could happen can happen! Never say NEVER in the market.

Read? An oil futures contract expiring Tuesday went negative in bizarre move showing a demand collapse

A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand has collapsed due to the coronavirus pandemic.

But traders cautioned that this collapse into negative territory was not reflective of the true reality in the beaten-up oil market. The price of the nearest oil futures contract, which expires Tuesday, detached from later month futures contracts, which continued to trade above $20 per barrel.

West Texas Intermediate crude for May delivery fell more than 100% to settle at negative $37.63 per barrel, meaning producers would pay traders to take the oil off their hands.


This negative price has never happened before for an oil futures contract. Futures contracts trade by the month. The June WTI contract, which expires on May 19, fell about 18% to settle at $20.43 per barrel. This contract, which was more actively traded, is a better reflection of the reality in the oil market. The July contract was roughly 11% lower at $26.18 per barrel.

The international benchmark, Brent crude, which has already rolled to the June contract, settled 8.9% lower at $25.57 per barrel.

Kep Corp : No more seen as oily stock???

Read? Coronavirus: US oil price plunges to 21-year low

A key benchmark of US oil prices plunged to a 21-year low on Monday, amid continued fears about oversupply in the market.

US West Texas Intermediate crude futures (CL=F) dropped over 18% to a low of $14.45 a barrel on Monday morning, a level not seen since 1999. By 8.20am UK time, US crude futures were still down 17.9% to $15.00.

Brent oil futures (BZ=F), the international benchmark, were more resilient. Brent was down just 2.2% to $27.46 per barrel at the same.

“The steep fall in the price is because of the lack of sufficient demand and lack of storage place, given the fact that the production cut has failed to address the supply glut,” said Naeem Aslam, chief market analyst at Avatrade.

COVID - 19 : It is the Right Time to validate Sustainable Retirement Income For Life - Three Taps Solution model

Read? Sustainable Retirement Income For Life - Three Taps Solution - Revised slides


Now, it is the right time to validate those years of thinking on sustainable retirement income for life - three taps solution model!

Timeline: How the COVID-19 outbreak has evolved in Singapore so far

Read? Timeline: How the COVID-19 outbreak has evolved in Singapore so far

SINGAPORE: It has been more than 12 weeks since Singapore reported its first COVID-case on Jan 23 – a 66-year-old Chinese national who came to Singapore three days earlier.

Since then, there have been more than 5,000 cases and 11 deaths in Singapore from the disease, which was first detected in Wuhan, China.

This is how the outbreak has evolved in Singapore so far:

Dec 31, 2019: A cluster of severe pneumonia cases in Wuhan, China is reported to the World Health Organization. Doctors do not yet know its cause.

JANUARY

Jan 2, 2020: Singapore’s Ministry of Health (MOH) says it is aware of the cases in Wuhan and will screen all inbound travellers from Wuhan from the evening of Jan 3.

There are no cases in Singapore.

Long Term Performance Across Market Cycles

4 to 7% CAGR over the next market cycle?

It is me and Mr STI!

Cannot afford to miss the next rally or at least put one leg inside the market for the next rally.

Unprecedented! 

Huge risk-reward waiting! 

Can't afford to miss it!

STI DCB? COVID-19 vs GFC

Read? STI : Anyone still thinking it is dead cat bounce??? (2)

Zoom in and looking for clues of DCBs in CONVID-19 vs GFC

The economy is dying but is the Cat dead yet?

Look like the cat is still struggling to live. Not dead yet?

Look closely at GFC, can you spot those DCBs?

STI : Anyone still thinking it is dead cat bounce??? (2)

Read? STI : Anyone still thinking it is dead cat bounce???

The answer will soon be revealed by Mr. STI!

Open your eyes and see closely!

DBS

$0.33 XD on 12 May 20

The Mind Part Is Never Easy Even For Veteran Retail Investors!!!

Sunday, 11 February 2018

Read? On why sound investing principles will always work???

Now; he sianz!

Real life example of retail investing. It is never easy! Who can analyze that DBS drastically raises its dividend from past year of 66 cts to $1.20 from 2018 onwards!

Institutions invest along with their rules and policies; but for retails it is all in their Mind and Heart!

Checked yesterday and heard that he didn't bought back any last sold DBS yet as he is still thinking worse for COVID-19 Greater Bear is coming soon!

This Fear is far greater than the fear in Jan 2016 and freezes him completely!

3M's - Method, Mind and Money Management

STI : Anyone still thinking it is dead cat bounce???

Read? COVID-19 Bear Market 2020 - Round 2 Coming??? (3)

Possible To Lose 90% of Wealth Through Higher Leverages ???

Read? Margin Calls? No Scare! My Leverage Is Low And Far From Margin Call. Steady OK?

Long time reader, Ray Ng shared this blog post with Uncle8888 to share it here!

Hmm .. sound like Jesse Livermore!

I am so ashamed to admit that I lost about 90% of my wealth in the last few weeks when all my investment bankers forced sell a large portion of my wife and my holdings.

Read? My reply to Tradeview’s open letter - Koon Yew Yin

COVID-19 is really Unprecedented Times!

Unprecedented number of hours staying at home watching unprecedented numbers of movies on Netflix!

Worst Cash Flow From Investment Portfolio of Stocks In SGX Since 2009?

Assuming bigger cut in dividends in 2020 H2

Anyway; household expenses in 2020 will also drop since there was no overseas travelling expenses since Jan 20 and that will help to balance out the cash flow,

COVID-19 Bear Market 2020 - Round 2 Coming??? (3)

Read? COVID-19 Bear Market 2020 - Round 2 Coming??? (2)

Stay at home and cheering the Market???

Dead cat bounce?

More like the Cat is doing bungee jump and bounce back???

COVID-19 Bear Market 2020 - Round 2 Coming??? (2)

Read? COVID-19 Bear Market 2020 - Round 2 Coming???


COVID-19 Bear so weak meh???

Knocked out in Round 1???

Your CPF Investment Account : Uncle8888's foolish advice again!!! (5) (Time to refresh)

Thursday, 11 January 2018

Read? Your CPF Investment Account : Uncle8888's foolish advice again!!! (5)

Master Yoda : Don't use your CPF, Luke, Let go. You will hit your financial goal if you are patient and let the money grow. Trust me!

534K CPF members who used their funds to invest from Oct 2018 to Sep 2019

1.  54% or 267K CPF members actually did worse than those didn't invest the money they had i their CPF.

267,000 is large pool of retail investors!

2. 170K lost money!

Statistically, someone on either on your left or right as retail investor did worse than savers!

Don't laugh or poke at those choose NOT to invest their CPF money. In CPF, we trust!

COVID-19 : Hen, Wolf And Three Little Pigs

Ha ha! Time flies. 10 yrs old blog post with new character add in.

Sunday, 13 June 2010

Read? Three Little Pigs In The Stock Market - Part 3

Introducing the Hen into this famous story of Wolf (COVID-19) and Three Little Pigs!

The Hen  ....  convincing the three little pigs on FIRE or Early retirement on leveraging on broker's margin account for higher yield stocks is a good idea! Passive income. Shiok!

How many can tell the difference between involved and committed?

COVID-19 Bear Market 2020 - Round 2 Coming???

Read? End Of CONVID-19 Bear - Round 1


Bet your war chest at which level of betting?

Below 2,100 or below 1,900?

Strong support seen at 1,8XX and stronger one at 1,4XX

Place your war chest!

Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business? (2)

Read? Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business?


F&B outlets in shopping mall started failing???

31 Mar 2020 was the last day of this F&B outlet in Orchard area and permanently closed to cut operating losses?

More weaker F&B outlets closing soon to cut operating losses?

Retirement Income for Life??? (8) - Right Time To Refresh After 7 Years During Bear Market

Personal investing. Personal retirement planner. It is all personal! LOL!

Reaching Financial Freedom

A piece of common wisdom we often read from financial or investment bloggers that reaching the edge of financial freedom is when our passive income from investment portfolio exceeds our living expenses.

Sure or not???


Can a portfolio full of high yield dividend stocks guarantee you a secure and sustainable future cash flow to overcome inflationary impact in your future living expenses?

Saturday, 2 March 2013

Read? Retirement Income for Life??? (8)

I Am Scare Of Mr Market So I Did This Before I Finally Retire

Sometime in life, it may be better to regret NOT making more than to feel sorry in bad state!

Rotting cash reserve in the bank earning very low return as liquidity to fund few years of household expenses and to avoid any asset draw-down during market low!

2020 Q1 Investing Performance Cross Market Cycles of Bulls and Bears