Mr STI is giving us the next opportunity to build truly defensive stock portfolio in SGX - CONVID-19???

Read? STI : Swee swee rebound??? (3)

STI peak in the recent years on 2 May 2018 at 3,615 and currently, STI is at 2,961 support level i.e. down by -18%


Uncle8888's investment portfolio is down by -5.5% from the new record peak in 2018

Read? Can We really Hedge With Cash Across Market Cycles?


When the Bull is charging ahead; we will hate cash as it is rotting with little return; but when the market tide has changed and sign of Bear taking charge; then only we will realize that rotting cash as war chest can be seen as a hedge.

Truly defensive investment portfolio are build during market crashes with POSITION sizing, money and risk management for the next market cycle.

When $$$ is mentioned!!!

This old man called Uncle8888 out at Tanjong Pajar in Hokkien  .. 

"Long time no see; you can't recognize me. Ah Seng!"

" You shift house ah?"

Old man then started to shake Uncle8888's hand and then take a pack of cigarettes and pushed one to him.

"No smoke"

Old man blah blah ....

"That day; me and Ah .. saw you at Eunos and called you but you didn't hear and walked away."

blah ...

"You look so ang gay"

"I am very sick!"

"Just came out from hospital"

"Jin cham" 

"You got $10 to spare?"

WTF. Red flag!

Of course, he is scammer!

When someone mentioned $$$$; it is a red flag!

So Uncle8888 walked away and went over to opposite side of the street to watch him.

There he went again to look for the next victim - any guy with grey hairs is his target!

Joke of the week in investing forum

This type of fake "news" not covered under POFMA.

Joke of the week in investing forum. So funny!

When someone kept promoting something good for the community; but one day started mentioning the keyword - $$$! 

Snake oil or faking in disguise???


One guy Whatapps Uncle8888 on 4 Mar 20 with this messsage ....

So co-incidentally and funny; the next day, 5 Mar 20; another different guy from different interest group Whatapps him with these messages ...

Cut losses also applicable for travelling plan???

Read? Next Trip 8 Nights In Jeju In Mar 2020


Alamak! That is life for advance planning and payment.

Original flight schedule was from SIN to Busan (1N), Busan to Jeju and Jeju to Taiwan (Flight from Jeju to Busan was fully booked as it is King Cherry Blossom in Jeju so no choice we have to take flight to Taipei (3N) and then back to SIN from Taipei)

Taiwan first to ban flight from South Korea and forced Uncle8888 to cancel his flights.

1. Jeju Air agreed to cancellation fee of S$50 (Small cut loss) and full refund to credit card (Hmm .. net refund received is slight lower after processing fee and forex rate)

2. Still waiting for Tigerair Taiwan for refund.

3. Scoot maintains no cancellation as there is no travel advisory from Taiwan to SIN. (Cut losses! $500)

4. All accommodations were cancelled FOC as they are still under free cancellation duration. 




Issued at: 24 February 2020

Announcing of flight Cancellation to/from Korea

Due to the widespread of COVID-19, Korea is listed on the Third Outbound Travel Alert (OTA): WARNING which means "avoid to travel".

In compliance with Government's directives as well as for the purpose of carry passengers back, Tigerair Taiwan’s flights to/from Korea route are changed as below:

25 February 2020, Daegu-Taoyuan and Jeju Island-Taoyuan are operated as usual, however, flights from Taoyuan to Daegu, Jeju Island, and Seoul (Incheon) are cancelled.
26 February 2020, Busan-Taoyuan and Seoul (Incheon)-Taoyuan are operated as usual, however, flights to/from Juju Island and Taoyuan-Busan are cancelled.
From 27 February 2020 to 31 March 2020, all flights to/from Korea are cancelled.
Passengers who are affected as above, Tigerair Taiwan offers two options as below(choose 1):

Application deadline: until 21:00(GMT+8) of 1 March 2020.

Option 1: Rebooking

Passengers are able to rebook to other dates, however, the new booking needs to be between 1 April 2020 and 14 July 2020 with embargo period from 1 April 2020 to 10 April 2020 and from 23 June 2020 to 30 June 2020. As long as there are available seat for the selected flight, changes can be done without additional service charge and airfare difference won’t be applied once. Please apply through https://www.surveycake.com/s/bARVr and no need to contact call center.

Option 2: Refund

Full refund for unused tickets. For option 2, passengers could apply directly online through https://www.surveycake.com/s/lnR43, no need to contact Tigerair Taiwan’s call center. Please note that it will take 4 weeks’ working days, afterwards, the amount will go to credit card company, please follow up the updated status with her/his credit card company.

STI : Swee swee rebound??? (3)

Read? STI : Correction or Bear?

STI swee swee rebounds at 2961 on Monday then Bear runs away!

Fed Rate : SARS, GFC and COVID-19

SARS : 17 countries affected

Currently, COVID-19 is already affecting 82 countries

FEd Rate cut is the silver bullet to save economy?

Investors pile in on Reits after Fed rate cut; STI up 0.2% on Wednesday

Read? Investors pile in on Reits after Fed rate cut; STI up 0.2% on Wednesday


INVESTORS piled in on Singapore real estate investment trusts (S-Reits) after the US Federal Reserve's 50-basis-point emergency rate cut to boost confidence in the economy amid the Covid-19 outbreak.

On Wednesday, Reits - often viewed as key beneficiaries of reduced borrowing costs - outperformed the broader market. The iEdge S-REIT Index, which tracks all S-Reits, gained 47.4 points or 3.3 per cent to 1,468.78, its biggest ever single day jump.

Within the asset class, industrial- and retail-related Reits performed best. Heavyweights Ascendas Reit climbed S$0.13 or 4.1 per cent to S$3.33, CapitaLand Commercial Trust jumped S$0.11 or 5.7 per cent to S$2.03 and CapitaLand Mall Trust leapt S$0.12 or 5.1 per cent to finish at S$2.46.

Mapletree Commercial Trust added S$0.11 or 5.2 per cent to S$2.24, and Mapletree Logistics Trust gained S$0.07 or 3.7 per cent to S$1.96. The latter of the two Mapletree Investments sponsored Reits received an upgrade from UOB Kay Hian to "buy" with an increased target price of S$2.08.


With other central banks likely to follow the path of the Fed, Eli Lee, head of investment strategy at Bank of Singapore noted that "the search for yield will continue to be a powerful structural driver of markets".

In a note to clients, Mr Lee recommended they switch "from poorer quality assets into steady dividend-yielding stocks, such as Singapore Reits".

While property plays benefit from looser financial conditions, OCBC Investment Research analysts prefer S-Reits over Singapore developers in the near term due to the former's "more defensive positioning and less impact from the supply chain disruption from Covid-19".

Conversely, the gains made by Reits came at the expense of the local lenders, which were laggards due to the effect that Fed cuts will have on net interest margins.

DBS shares fell S$0.25 or one per cent to S$23.91, OCBC Bank lost S$0.10 or 0.9 per cent to S$10.55 while United Overseas Bank closed at S$24, down S$0.27 or 1.1 per cent.

The performance of the local banks tempered gains on the Straits Times Index (STI), which ended 5.47 points or 0.2 per cent higher at 3,025.03. Eleven of the blue-chip index's 30 components ended in the red.

Singtel was another notable STI laggard, edging down S$0.01 or 0.3 per cent to S$2.97. In a Wednesday report, Citi Research analyst Arthur Pineda noteed that telcos such as Singtel offer a good hedge in the current climate as they offer one of the lowest correlations between gross domestic product and earnings growth.

Mr Pineda also favours fibre network infrastructure plays such as Netlink NBN Trust, which closed S$0.01 or one per cent higher at S$1.01.

Trading volume in Singapore was 1.63 billion securities while total turnover came to S$1.94 billion.

Across the broader market, decliners outpaced advancers 242 to 208.

Elsewhere in the Asia-Pacific, benchmarks were mixed. Australia and Hong Kong finished with losses.

China, Japan, Malaysia, South Korea and Taiwan notched up gains.

DBS

Last week (17 to 21 Feb 2020)

DBS is Top Institution net selling while Retail is exactly opposite side as Top net buying.

Assuming 2020 dividend is still at $1.32; juicy yield and also as strong dose of Panadol to ease heartache on paper losses.

Uncle8888's hand getting itchy! 5% yield Panadol! Okay right?


Thursday, 16 April 2015 (5 yrs ago. Time passed so fast!) Miss out so many Panadols!

Read? DBS : Sold @ $21.04

Can We really Hedge With Cash Across Market Cycles?

Singapore Man of Leisure3 March 2020 at 13:25:00 GMT+8

Rainbow,

Read? Hedging with Cash

I'm not as organised as CW.

One day when I very free I may write and e-book on Trading 101 ;)


What is the cost of hedging with cash over market cycles?

His own data points shows this ...

His highest (peak) annual cash flow achieved over the last 20 years was in 2014.

So, he will know what is the total ROC that is required to level up each of the following year from 2014 to 2020 to this Peak in 2014 is currently about 54% for the next Bear market if it happens in 2020.

Is this an impossible ROC to achieve?

Hmm ...

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 business in Orchard and City are significantly affected. 

Restaurant managers are so free until they have time to chit chat with Uncle8888. Buffet restaurants saw significant drop in catering for tour groups and for now offering special lunch and dinner promotion price for two persons. (Trying to get the number)

Implied yield on US 10-Year treasury futures trading below 1per cent for first time

Read? Implied yield on US 10-Year treasury futures trading below 1per cent for first time


The implied yield on U.S. 10-Year Treasury futures traded below 1 per cent for the first time, as investors grew increasingly unnerved by the spread of coronavirus.


NEW YORK: The implied yield on U.S. 10-Year Treasury futures traded below 1per cent for the first time, as investors grew increasingly unnerved by the spread of coronavirus.

Treasury futures jumped at the open of trading on Sunday night as investors took little solace from weekend comments by U.S. officials that aimed to soothe panic about a pandemic.
Stock futures opened lower. Stock markets plunged last week, with an index of global stocks setting its largest weekly fall since the 2008 financial crisis, and more than US$5 trillion wiped off the value of stocks worldwide.

Money continued to pour into U.S. Treasuries as worries have increased about the global spread of the virus. At one point on Friday afternoon the 10-year yield reached 1.1159 per cent, marking a record low for the fourth consecutive day, after comments by Federal Reserve Chair Jerome Powell cast doubt on whether the U.S. central bank would act quickly on rates. The movement also steepened the portion of the U.S. Treasury yield curve.

"Treasuries are overbought but may stay low due to a slowdown but will spur a wave of refi’s and home sales," said John Lekas, CEO and Senior Portfolio Manager at Leader Capital.

Markets are now looking to central banks for aid in quelling the panic.


Goldman Sachs economists on Sunday predicted the U.S. Federal Reserve will cut interest rates aggressively and perhaps before its next scheduled meeting in two weeks time, saying the head of the U.S. central bank sent a clear signal with his unscheduled statement on Friday.

(Reporting by Megan Davies and Dan Burns; Editing by Daniel Wallis)


Source: Reuters

Window of opportunity is opening wide for Koala/Panda in SGX to find their food sources???

Read? Dec 2019 Investing Performance Report : 20 Years in local SGX stock market only


The cost of maintaining status quo will be a new low of estimated 7.7% in 2020 since 2009!

Now there is sign of Autumn coming as more Leaves are falling down!

CPL

Read? CPL - Sold ROC 37%

Let See How Bad This Time or This Time Is Different (2)

Read? Let See How Bad This Time or This Time Is Different


Two decades of long-term investing and short-term trading (not so good) from Jan 2000 to Feb 2020 and more than 10 years of waiting for the next market crash. Coming or not in 2020?

Singtel

SGX

Read? SGX - Turning Bearish after hitting 52WH @ $8.61???

STI : Correction or Bear?

Read? STI : Swee swee rebound??? (2)


Your battle plan guide???

Let See How Bad This Time or This Time Is Different

27 Feb 2020 as reference to see how bad this time in our local SGX market as Panda/Koala retail investor.

Illusion Of Wealth In The Bull Market

CW8888:  Another data point in the history of stock market to prove this illusion of wealth in the stock market!

Read? Stock futures point to more losses after Thursday’s massive tumble amid coronavirus fears

U.S. stock futures pointed Thursday night to more losses after the major indexes suffered a tumble that sent them more than 10% below their record highs.

Dow Jones Industrial Average futures were up 16 points, but indicated a loss of more than 150 points at Friday’s open. S&P 500 and Nasdaq 100 futures also pointed to a lower open on Friday.

The Dow plummeted nearly 1,200 points on Thursday — its biggest one-day point drop ever — as worries over the coronavirus possibly spreading sent stocks spiraling lower. The 30-stock average closed in correction territory along with the S&P 500 and Nasdaq Composite.

The Dow had closed at a record high on Feb. 12. It only took the S&P 500 six days to fall from an all-time high into correction levels, marking the broad index’s fastest drop of that magnitude.

“People have been so preconditioned to buy the dip and to always expect the market to recover that people can get smacked around with moves like this,” said Patrick Hennessy, head trader at IPS Strategic Capital. “No one knows how this thing ends.”

Thursday’s declines also put the Dow and S&P 500 down more than 10.5% each for the week, on pace for their worst weekly performance since 2008.

The sharp drop came after California Gov. Gavin Newsom said the state is monitoring 8,400 people for coronavirus. Meanwhile, the CDC confirmed on Wednesday evening the first U.S. coronavirus case of unknown origin in Northern California, indicating possible “community spread” of the disease.

The number of confirmed coronavirus cases outside of China has also jumped. In South Korea, more than 1,700 cases have been confirmed along with over 600 in Italy.

“The timing of this was just the worst with respect to investor sentiment being elevated,” said Doug Ramsey, chief investment officer at The Leuthold Group. “I’m not sure that the market has really priced in the potential economic impact of this.”

Concerns over the coronavirus have also led several companies to issue earnings and revenue warnings. Microsoft said Wednesday one of its key divisions may not meet the company’s previous revenue guidance. PayPal also warned about its outlook on Thursday.

Goldman Sachs’ David Kostin warned U.S. companies will see no earnings growth this year. “Our reduced profit forecasts reflect the severe decline in Chinese economic activity in 1Q, lower end-demand for US exporters, disruption to the supply chain for many US firms, a slowdown in US economic activity, and elevated business uncertainty,” said Kostin, the bank’s chief U.S. equity strategist.

STI : Swee swee rebound??? (2)

Monday, 26 August 2019

Read? STI : Swee swee rebound???

COVID-19. STI not so scary???

Trump’s comments and Microsoft’s warning came after the Dow fell more than 100 points on Wednesday, adding to its massive decline for this week. Through Wednesday’s close, the Dow has lost more than 2,000 points this week. The 30-stock average is also on pace for its worst percentage-point weekly performance since 2008, down 7% over that time.


The Dow has also fallen more than 8% from its record high set earlier this month.

ComfortDelgro : Bought @ $2.01 (2)

Read? ComfortDelgro : Bought @ $2.01


Straits Times Index

3,117.52

-40.72(-1.29%)

Taxi didn't crash into longkang?

Lack of shorting and selling by BBs???

The Power of Retained Earnings: Warren Buffet

The Power of Retained Earnings

In 1924, Edgar Lawrence Smith, an obscure economist and financial advisor, wrote Common Stocks as Long Term Investments, a slim book that changed the investment world. 

Indeed, writing the book changed Smith himself,
forcing him to reassess his own investment beliefs.

Going in, he planned to argue that stocks would perform better than bonds during inflationary periods and that bonds would deliver superior returns during deflationary times. That seemed sensible enough. But Smith was in for a shock.

His book began, therefore, with a confession: “These studies are the record of a failure – the failure of facts to sustain a preconceived theory.” Luckily for investors, that failure led Smith to think more deeply about how stocks should be evaluated.

For the crux of Smith’s insight, I will quote an early reviewer of his book, none other than John Maynard Keynes: “I have kept until last what is perhaps Mr. Smith’s most important, and is certainly his most novel, point.

Well-managed industrial companies do not, as a rule, distribute to the shareholders the whole of their earned profits.

In good years, if not in all years, they retain a part of their profits and put them back into the business. Thus there is an element of compound interest (Keynes’ italics) operating in favour of a sound industrial investment. Over a period of years, the real value of the property of a sound industrial is increasing at compound interest, quite apart from the dividends paid out to the shareholders.”

And with that sprinkling of holy water, Smith was no longer obscure.

It’s difficult to understand why retained earnings were unappreciated by investors before Smith’s book was published. After all, it was no secret that mind-boggling wealth had earlier been amassed by such titans as Carnegie, Rockefeller and Ford, all of whom had retained a huge portion of their business earnings to fund growth and produce ever-greater profits. 

Throughout America, also, there had long been small-time capitalists who became rich following the same playbook
.
Nevertheless, when business ownership was sliced into small pieces – “stocks” – buyers in the pre-Smith years usually thought of their shares as a short-term gamble on market movements. Even at their best, stocks were considered speculations. Gentlemen preferred bonds.

Though investors were slow to wise up, the math of retaining and reinvesting earnings is now well understood. Today, school children learn what Keynes termed “novel”: combining savings with compound interest works wonders.

************

At Berkshire, Charlie and I have long focused on using retained earnings advantageously. Sometimes this job has been easy – at other times, more than difficult, particularly when we began working with huge and ever growing sums of money.

In our deployment of the funds we retain, we first seek to invest in the many and diverse businesses we already own. During the past decade, Berkshire’s depreciation charges have aggregated $65 billion whereas the company’s internal investments in property, plant and equipment have totaled $121 billion. Reinvestment in
productive operational assets will forever remain our top priority.

In addition, we constantly seek to buy new businesses that meet three criteria. First, they must earn good returns on the net tangible capital required in their operation. Second, they must be run by able and honest managers.

Finally, they must be available at a sensible price. When we spot such businesses, our preference would be to buy 100% of them. But the opportunities to make major acquisitions possessing our required attributes are rare. Far more often, a fickle stock market serves up opportunities for us to buy large, but non-controlling, positions in publicly-traded companies that meet our standards.
Whichever way we go – controlled companies or only a major stake by way of the stock market – Berkshire’s financial results from the commitment will in large part be determined by the future earnings of the business we have purchased. Nonetheless, there is between the two investment approaches a hugely important accounting difference, essential for you to understand.In our controlled companies, (defined as those in which Berkshire owns more than 50% of the shares), the earnings of each business flow directly into the operating earnings that we report to you. What you see is what you get.

In the non-controlled companies, in which we own marketable stocks, only the dividends that Berkshire receives are recorded in the operating earnings we report. The retained earnings? They’re working hard and creating much added value, but not in a way that deposits those gains directly into Berkshire’s reported earnings.


Read? The letter - Berkshire Hathaway Inc.


Read more? Relating to posting on Retained Earning

Read? You Know Company's Balance Sheet In Its Simplest Form???

Why Uncle8888 is NOT a fan of S-REITs for this simple reason - retained earning!

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

Read? Yield of dreams: Investors have "a once in a lifetime opportunity" in blue chips (9)

Read? Long or Wrong Term Investing Is Like Banging Your Head on Hindsight???

Hope that lowest dividend for Sembcorp Ind of 5.4% yield on cost in 2018 and 2019 is finally over.

ComfortDelgro : Bought @ $2.01

Read? ComfortDelgro

Hand itchy liao!

Will ComfortDelgro crash like SARS period?

Read? ComfortDelGro increases taxi rental rebates by another S$10m


In all, the total amount of relief that ComfortDelGro cabbies will receive works out to S$28 million over the next three months.

Median household income in 2019 is $9,293

Read? Income inequality in Singapore at lowest in almost two decades: SingStat

MEDIAN HOUSEHOLD INCOME ROSE

The SingStat report also said median household income from work among resident employed households - households headed by a Singapore citizen or permanent resident and at least one working member - grew 1 per cent in real terms, from S$9,293 in 2018 to S$9,425 last year. 

Household income from work refers to the sum of income from employment and business - including employer Central Provident Fund (CPF) contributions - received by all working members of the household. 

------------

Median income incl all CPF in Jun 2019 survey is $4,563

Median household income in 2019 is $9,293

We may use the above number as guide for our retirement income planning. How much is enough to live comfortably in Singapore WITHOUT squeezing ourselves too much by bench-marking to Median income level.

Median income after CPF is about $4K

Median household income after CPF is $8.2K

Monthly "passive" income per person of $4K should be okay!

Workfare Payouts (4)

Read? Workfare Payouts (3)

Hmm ... 

Workfare is really about Work first then Government gives some Fare. Less work. Less fare (fair)

Uncle8888's Workfare for 2019 is $2,310 because he worked less so less fare!

Read? Budget 2020: S$1.6 billion Care and Support Package to help Singaporeans with household expenses

The Government will also provide a Workfare Special Payment, with Singaporeans on Workfare receiving 20 per cent more for work done in 2019, in cash. The minimum payment is S$100.


Look like he may be getting more fare with less work! Lucky or what?

Return On Human Asset vs Return On Financial Assets??? (2)

Read? Return On Human Asset vs Return On Financial Assets???


In Singapore, our financial assets for retirement income and assets draw-down can be from saving, lending (bonds), investment and CPF

One data point from Uncle8888

His lifetime of 39 years of earned income as full-time employee and concurrently 20 years as retail investor in local SGX trying to build more wealth through the stock market.

ComfortDelgro

Read? ComfortDelgro

Becoming Successful CPFIS DIY Retail Investors???

 Our CPF OA 

The Ordinary Wage (OW) Ceiling limits the amount of OW that would attract CPF contributions. The OW Ceiling is capped at $6,000 currently. For example, if an employee’s OW for a calendar month is $6,500, his CPF contribution would be computed based on an OW of $6,000; CPF contribution is not required on the remaining $500.

Read? CPF Contribution and Allocation Rates


Median Income in Singapore

Read? Income growth slows in Singapore; median salary now above S$4,500: MOM report

Read? ​Summary Table: Income

The nominal median income of Singapore residents on full-time employment increased this year to S$4,563 from the S$4,437 recorded in 2018, the Ministry of Manpower (MOM) report said.


How big is our CPFIS as war chest for market timing for the next few STI crashes?

Assuming $6K monthly CPF cap and 2 months bonus i.e. total 14 months of CPF OA and 35% of CPFOA to grow CPFIS as war chest.

From the numbers,  it seen that most of us may not have high 6 digits in CPFIS as war chest.

So what is the other strategy to deploy our CPFIS fund into the SGX other than investing in managed fund as retail investor?

Read? Relating to CPFIS

This time is different! SARS vs Coronavirus. Why so panic when Singapore raised its Disease Outbreak Response System Condition (DORSCON) level to Orange on Friday? (2)

Read? This time is different! SARS vs Coronavirus. Why so panic when Singapore raised its Disease Outbreak Response System Condition (DORSCON) level to Orange on Friday?


Not sure how many of us also received this forwarded Whatapps message?

Who is that bloody idiot started this chain of Whatapps messaging?

Naturally Reduced Volatility Impact To Our Investment Portfolio In Wealth Decummulation Phase

Number doesn't lie!

As each passing year deeper into the land of decummulation during retirement; the volatility impact across market cycles to his investment is naturally reduced! 

Since it is naturally reduced year on year; what is there to worry about volatility! Right?

Long or Wrong Term Investing Is Like Banging Your Head on Hindsight???

Alamak! Bang head for selling way too early!


Read? DBS : Sold @ $21.04


Forecast dividend has increased from $1.20 to $1.32 for FY 20

This time is different! SARS vs Coronavirus. Why so panic when Singapore raised its Disease Outbreak Response System Condition (DORSCON) level to Orange on Friday?

The panic level was raised so fast and extreme!

The cause was due to contagious messages from WhatsApp, Facebook and Instagram  keep escalating the panic but not the actual virus itself!

During SARS; no WhatsApp, Facebook and Instagram. Right?

KNS!

Rent out your spare rooms for passive income??? (2)

Living with strangers may pose health hazards to the family. Who knows what diseases your tenants may be carrying?

For this round is Coronavirus: Some landlords in Singapore, fearing infection risk, turn away tenants returning from China

Read? Rent out your spare rooms for passive income???

Retirement May Actually Be Bad For Health

He retired at 65.

He suffered stroke at 67.

Now, he is 69!

After more than one year of painful and tearful struggle on stroke rehabilitation; he finally able to walk steady without his walking stick!

Now, everyday; he enjoys his walk and drinking plenty of water!

Life after retirement

After his retirement at 65; he has plenty of spare time and what did he do to past time?

More spare time means he has more time for smoking and also more time for drinking beer while watching endless TV and videos.

He said that this is how he ended up with stroke - more time for smoking and drinking after retirement!

STI At 50-50 Support Line: Rebound or Breakdown

Lai lai!

Place your bet!

50-50 tomorrow

He Has Retired At 58! (2)

Read? He Has Retired At 58!

Ex-bosses and me

When they know that you are active in the investment space. 

Read? Now It Is Alright For Him To Ask Share


Ha ha!

Something that is still of common interests that talk about even after retirement!

Ex-boss asked him how is the market going forward?

This time; he wanted to park some retirement fund into stocks for second stream of "passive" income on top of his rental income.

He bought SIA on Friday and asked okay or not?

Told him that Uncle8888 also tracked SIA and told him SIA low at SARS and Sep 11.

SIA has survived SARS and Sep 11. 

He smiled and said he has planned to Average In!

He also mentioned Kep Corp and Temasek "taking over". 

When Uncle8888 mentioned his Kep Corp position and yield since 2001; he surprised out with  a loud Wah!

Read? Why I Don't Average Down?

How To Make My Investment Portfolio More Defensive???

Finally; after 20 years across market cycles; Uncle8888 realized this practical and realistic way to make his investment portfolio more defensive. Hee hee!

When he started spending his passive income; his investment portfolio investment is becoming more defensive. 

Who Are Those Sharing Their Secret Sauce For A Fee???

Read? Why Young Hawkers Charge More But Earn Less, According To Ah Tan Wings Founder Wee Yang

On his days off, the young hawker makes the marinade and chilli sauce for his har cheong gai. It’s a closely-kept secret that even the Heads of Kitchen at Ah Tan Wings don’t get privy to.


Where can we buy their secret sauce for a fee?


Trading and investment training industry lor!

They can even hand-holding and mentoring you on their secret sauce so that you can compete with them and your course mates and ALL also can become rich like them. 

In the stock market; there is NO competition in Buy and Sell queue so can share secret sauce! No problem!

Too difficult to make your own sauce???

So buy famous, ready-made and easy to cook sauce! Huat liao!


LOL!

Historical Lowest Annual Household Expenses Was Bad For Health Or Life Threatening Environment!!!

The historical lowest annual household expenses was in year 2003 and that was SARS period.

That year was bad for health or life threatening. Hope that it won't happen again in Singapore for Wuhan virus!

STI Major Points since 1990