CW8888's Return From his Human Asset and Investment Portfolio Since Jan 2000

 Nothing really there to shout about his investing and trading skills. Why?

Never switch to Us market and invest tech stocks! 

Go to US market if you want to become very rich in the stock market! LOL!

I Should Give Up SGX Local Stock Market Long Ago???

 

SGX local market return is so bloody bad!!!

So better give up and move to US market to avoid banging his head later!!! LOL!

DBS

 

Uncle8888's Amazing STI Crystal Ball Charting. Chun Bo???

 

Follow the Dots, follow the Dashes and follow the Lines. Open your eyes wide and see closely and then. 

Chun bo?

When to buy stronger Blue Chips?

LOL!

STI 2,813.01+36.01 (+1.30%)

 So how now?

What next?

DBS will end up like Singtel???

Read? Mixed reactions to DBS India's proposed takeover of cash-strapped bank

Same animal meh?

It is "merged" with DBS India! Fire incompetent Management!

Got Singtel India meh?

So same same arh?

What is the difference?

Listen to Talking Heads or watching Putting Money Where Their Mouths are?

You follow them lor! LOL!

Stock futures rise after Monday’s record-setting session

 Earlier in the day, the Dow and S&P 500 posted all-time closing highs. The Dow also notched an intraday record. Those gains came after Moderna released trial data showing its coronavirus vaccine was more than 94% effective, further raising expectations of a sharp economic recovery.

STI following Uncle DOW backside up???

Cut your losses short and let your winners run???

 One of the most enduring sayings on Wall Street is "Cut your losses short and let your winners run." Sage advice, but many investors still appear to do the opposite, selling stocks after a small gain only to watch them head higher, or holding a stock with a small loss, only to see it lose even more.

Read? Peter Lynch on His Secret to Superior Returns

All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out. - Peter Lynch

How about "Cut your losses short and let your winners run"???

No stop-losses! Die pain pain har?

How about to suit those who by nature who like to believe in "salted fish can turn over" one day or one day salted fishes decay to ashes! Maximum loss is 100% of invested capital! Cry until no tears hor!

Cut your losses short and let your winners run 

CAP your losses and take Panadols for Heartache AND let your winners run and play round and round with your winners!

It is actually Short-Term trading or Wrong-Term investing AND Long-Term investing strategy! LOL!

Be OURSELVES since we are investing and trading for ourselves . We should be discovering what really work for us!

21 years from Jan 2000 to Nov 2020 across market cycles of Bulls and Bears

COVID-19 New stocks pick over 8 Months from Feb 2020 to Nov 2020 

Finally, when market turns around, this strategy begins to show some truth.  LOL!

Kep Corp

 

Financially Me, It is about Earning, Spending, Saving and Investing (4)

 Hi Jacob, 

I came across your blog and saw that you have successfully have your financial freedom. I was really curious how you did that as I was hoping for myself to successfully have financial freedom at age 55.

Hope that I can hear from you. :) 

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

Read? Financially Me, It is about Earning, Spending, Saving and Investing (3)

Read? Who Are My Trainers in Financial Education?

Read? More posts relating to NLB books

Property price will rise!!!

Read? Singaporeans snap up properties during worst ever recession

"I know the price will rise", said the 32-year-old, who has spent nearly a decade working in real estate.

Some buyers like Jenny Lin, a 26-year-old accountant, have viewed the pandemic as an opportunity to get on the ladder of the world's third most expensive housing market after Hong Kong and Munich, according to property consultant CBRE.

War Chest As Calibrator To Regulate Cash Flow Across Market And Economics Cycle During Retirement (2)

Read? War Chest As Calibrator To Regulate Cash Flow Across Market And Economics Cycle During Retirement

During good time, we may kpkb our cash in war chest is rotting and earning near zero ROC!

But, when time turned really bad and dividends are cut then only we know What If I have ....

DBS XD today so total dividend income for 2020 is known!

DBS vs OCBC

 

STI since 1990

 

DBS : Round 24 - 2 : Sold @ $24.28

Read? DBS Round 24 - 2 : Bought back higher @ $20.65 than last sold @ $19.88

Dow rallies more than 5% to a record high as Pfizer says Covid-19 vaccine is more than 90% effective

 Stocks rallied to record levels on Monday as investors cheered trial data from drugmakers Pfizer and BioNTech indicating their Covid-19 vaccine is more than 90% effective.

The Dow Jones Industrial Average traded 1,563 points higher at the open, or 5.5% and hit an all-time high. The S&P 500 also reached a record, popping 3.7%. The Nasdaq Composite was the relative underperformer, trading 1.3% higher. The small-cap Russell 2000 index gained 4.6%.

The announcement was seen on Wall Street as a sign that the pharmaceutical industry may soon have a viable way to control a disease that has derailed the U.S. economy for much of 2020 and has killed more than 230,000 Americans

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

Hmm ... tomorrow morning STI also cheers?

SGX

 

Wilmar : Round 12 Sold at $4.38 and Average $4.37

Read? Wilmar : Partial Sold @ $4.35 for Round 12-1

CASH REFUNDS FOR CPF SAVINGS USED FOR PROPERTY PURCHASES. (4)

Read? CASH REFUNDS FOR CPF SAVINGS USED FOR PROPERTY PURCHASES. (3)

Real CPF member. Real conversation!

In the financial and investment blogosphere; we always hear Top up CPF to secure our retirement plan, 1M65, 4M65, blah blah!

He is 47 and already fully met FRS in his SA and has no intention to sell or downgrade his residential condo home. He will be taking less talk about which is BRS! 

Both, couple will be taking BRS and pledge their property!

For one simple reason. 

Why let Government control your money and pay you back in monthly instalments from 65? 

My money. Okay! 

They want to have better control over their own money and decide how best to use it for whatever reasons e.g. better health and medical care!

LOL!

No snake oil so real life and true heart conversation with Uncle8888! We are all different! Ha Ha!

Data point of one? Think it should be more data points out there!

You have fully met FRS and has fully paid up residential property and no intention to sell. FRS or BRS?

No right or wrong! LOL!

if you take a 1 billion yuan loan, you are not scared at all, the bank is

 In that speech, apart from labeling the global banking Basel Accords as an “old people’s club,” Ma said “systemic risk” is not the issue in China. Rather, China’s biggest risk is that it “lacks a financial ecosystem.” Chinese banks are like “pawn shops”, where collateral and guarantees are the hard currencies. As a result, some decided to go so big they are not allowed to fail. “As the Chinese like to say, if you borrow 100,000 yuan from the bank, you are a bit scared; if you borrow a million yuan, both you and the bank are a little nervous; but if you take a 1 billion yuan loan, you are not scared at all, the bank is,” Ma said. 

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

CW8888

When Ant goes globally and has 1 billion borrowers who can't pay back. Now who will be scared har???

Dow surges more than 500 points, heads for best week since April as post-election rally continues

 Come on SGX traders. Show Uncle DOW, you also have lampar to chase up! LOL!

SGX

 

DBS & OCBC

 

Wilmar : Partial Sold @ $4.35 for Round 12-1

Read? Wilmar : Bought @ $4.16 for Round 12

DBS : Buy and Hold vs Trading on Core Position (2)

Read?  DBS : Buy and Hold vs Trading on Core Position

DBS Q3 2020 at $0.18

After Point X, Uncle8888 has been doing BOTH i.e. Buy & Hold long-term for Golden Eggs and trading short-term for daily or monthly allowances without fear of losing his hard earned savings.

Stocks only go up?

After Point X, possible?

How Much Can Current CPF OA1M65 Survive In Singapore?

 Read? 52,000 Singaporeans earn less than S$1,300 a month: Zaqy Mohamad to WP's Jamus Lim in discussion on minimum wage

Despite this, Mr Zaqy asked Dr Lim to spell out WP's minimum wage standards.

"Could I just confirm once again that the Workers' Party's S$1,300 minimum wage benchmark is gross income so that we could settle this and come to an understanding?" he said. 

Dr Lim at first said that was correct and a "fair characterisation", but later said that WP's stand was for the S$1,300 minimum wage to mean take-home pay.

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

Hmm ...  based on WP's definition of minimum wage of $1.3K take-home pay!

Present batch of CPF OA1M65 in 2021/2022 can depend on passive income from their CPF up to 3 times of minimum wage from 65 to 88

CPF OA initial withdrawal at 4.5% giving $3.8K per month and adjust for yearly inflation at 2.5% from 65 to 88 i.e. $6.5K per month!

CPF RA and MA used for medical care!

Even CPF Millionaire couples are living slightly above the minimum wage baseline if they don't have other sources of retirement income other than CPF. So can we still don't invest to build up investment income for life when we are much younger? 

Think, think and think!

DBS - Strong Resistance soon

 

STI 2,497.22+54.09 (+2.21%)

 

Why sudden surge of +2.2% in STI today? Last happening in June.

Trigger massive short coverings???

Dow jumps more than 400 points to start November as U.S. election looms

 Let see how Boring STI performs today ...

Create Wealth From Long-term Investing and Short-term Trading (2)

Read? Create Wealth From Long-term Investing and Short-term Trading

Read? Touchstone or Sardine?

Since COVID-19, Uncle8888 has been searching for the next batch of Touchstone; but Sardine or Bloody stone can also be picked up! Uncle8888 is NOT investment Guru!

Bloody Stones - Pain in the Ass!!!

ComfortDelgro : Bought @ $2.01 (2)

Round 12 : Bought Olam @ $1.48

50-50 Bet On Temasek Not Walking Away

Singtel : Bought @ $2.90

Sardines or Touchstone?

DBS @ 18.78, 19.68 and 20.65

SGX @ 8.21, 8.48, 9.08 and 8.78

Wilmar @ $4.16

Keep buying and selling until One day down the road when Touchstones become too obvious to ignore! 

It has been Buy, RIGHT, and hold for long term Panadols transforming to Golden Eggs after Point X like those pervious Touchstones!

UOB

 

Create Wealth From Long-term Investing and Short-term Trading

 

hyom 31 October 2020 at 10:29:00 GMT+8

Createwealth8888,

Indeed! Got to live up to your blog's name.

With your wealth of experience in both long-term investing and short-term trading, which one do you think is more profitable?

Delete

Why this blog was named as Create Wealth From Long-term Investing and Short-term Trading?

Sunday, 19 November 2006

Read? The journal begins ...

Uncle8888 started this journey to pursue FI and get out of rat race from Jan 2000 after reading this book Rich Dad. Poor Dad and very determined to get out of Rat Race and achieve FI by age 55 in 2011.

Read?Your Investment Portfolio is your Accelerator on the Road to Financial Independence!

This blog was started end of 2006 and STI Bull was charging towards Bull Peak in Oct 2007!

From 2003 onwards; Uncle8888 was investing and active contra trading genius! When he has enough working capital on hand he could consider to hold for long/wrong term! Otherwise; LL he had to take profits or cut losses! That is short-term trading. Right?

In Nov 2006 .. 

Uncle8888's Mind is full of confidence that long-term investing for Panadols and short-term trading for kopi, lunches, dinners and even overseas travel expenses can be paid by Mr Market!

Both long-term investing and short-term trading were working together!

Create wealth through long-term investing and short-trading trading! Steady!

Read? Chasing the last $100K (last mile) and may fall hard!

What if Uncle8888 started blogging in 2009 and applied his lesson learnt from Oct 2007 to Mar 2009 to blogging his investing experience?

What would be his blog title?

Can't be Create wealth through long-term investing and short-term trading!

May be Trading suck! Investing also suck! Wealth in the stock market is nothing but an illusion!

In 2018, Uncle8888 has learnt two lessons i.e. one in GFC 2008/2009 Bear and market recovery from the last GFC Bear in 2018 when his investment portfolio hit a new record high but this time sitting on record cash holding rotting as War Chest!

Long-term investing for Pandols which are transforming into Golden Eggs is more profitable and the best medicine for the Investing Mind! Once the Investing mind is calm; he can sleep well and can then have some fun in short-term trading on core positions for kopi, lunches or dinners after watching DOW overnight and planning for the next few days actions in STI! LOL!

Now, he should add secondary title to his blog . How about Sustainable long-term investing and short-term trading for retirement income for life? LOL!

CASH REFUNDS FOR CPF SAVINGS USED FOR PROPERTY PURCHASES. (3)

Read?  CASH REFUNDS FOR CPF SAVINGS USED FOR PROPERTY PURCHASES. (2)

A shop assistant who is few weeks before reaching 55 and his real conversation with CPF 过来人

Assistant : Can I ask you sensitive question on CPF as I am reaching 55 in a few weeks. You are CPF 过来人  ?

Uncle8888: Of course, you can!

Blah blah ....

He is single and both parents had passed away and currently living in three room HDB with one room rented out. But, over the years; he doesn't like the "ma fan" with tenants and thinking of downgrading to 2 room HDB; but he heard that the money has to be refund back to CPF. He asked Uncle8888 chun bo? 

He said he doesn't bother to read on CPF and also didn't bother to attend zoom session with CPF on "Reaching 55 session".

Ask CPF 过来人 better!

Walau!

1. He doesn't invest and unlikely to invest too!

2. He is not into digital! No PayNow! Counting paper money best!

3. He has few FDs with banks!

4. As shop assistant, he works over weekends and long hours! The shop only closes for 5 days during CNY! i.e. 360 workdays with leaves and rest days in the weekdays!

Uncel8888 broke the news of Best 55th Birthday Present from CPF; but he got a few weeks to seriously about it before reaching 55 to get the current saving rate in Singapore!

CPF after 55 is his best saving bank in Singapore! His eyes open wide and looking at Uncle8888 like Chun Bo?

First thing first. Ask him to get a PayNow and will receive his money from CPF after 55 within 10 seconds!

Before the clock strikes at midnight at 55; he can consider refunding any amount of his housing loan back to CPF and treat it as his saving bank to earn the best rate now and any time; he can withdraw the refunded money! 

BTW, he also doesn't bother with what is 4% compound interest in CPF SA and NOT so interest CALCULATIVE! LOL!

Probably; he is a simple man with simple needs and works long hours and so left with little energy and time to think too much! 

Too much time on hand; we may tend to think and worry too much! True right?

Hmm .. should CPF sponsor Uncle8888 with T-shirt : Ask Me Anything on CPF! LOL!

DBS : Buy and Hold vs Trading on Core Position

 The data point of one!

This is not Back testing on digital data! 

It is real retail investor and with real money on the table!

Buy, RIGHT and hold!

It is not right to anyhow poke buy and hold investors!

Realized gains from stocks only go up! LOL!

Buy, RIGHT and hold over 18 yrs

Average yearly ROC is about 20% p.a

Even if DBS stock price crashes to $10 over the next five years; average yearly ROC with future dividends is likely to be more than 9% p.a. over 23 yrs

How about trading on one's core position?

What is the Moral of the Story behind this data point of one?

Don't anyhow poke at buy & hold and those who are still waiting for the next big market crash like AFC, Sep 11, SARS, and GFC!

SGX : Bought Back @ $8.78 for Round 7-2

Read? SGX : Bought Back @ $9.08 for Round 7-1

DBS Round 24 - 2 : Bought back higher @ $20.65 than last sold @ $19.88

 Read? Round 24 - 1 : Bought back @ $19.68

Dow sinks more than 900 points for its worst drop since June amid rising virus cases globally. Will STI panic and down -3%???

U.S. stocks fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy.

The Dow Jones Industrial Average dropped 943.24 points, or 3.4%, to 26,519.95, posting its fourth straight negative session. The S&P 500 slid 3.5%, or 119.65 points, to 3,271.03, while the Nasdaq Composite fell 3.7%, or 426.48 points, to 11,004.87. The Dow and the S&P 500 both suffered their worst day since June 11.

DBS Bank Is Planning to Launch a Digital Asset Exchange

Read? DBS Bank Is Planning to Launch a Digital Asset Exchange

Like that; can say Uncle8888 also has one toe in this Bitcoin craze through his long-term 2-bagger DBS holding since 2003???

STI No Panic Selling

Dow closes 650 points lower, as concerns mount over rise in coronavirus infections

 STI steady! 

Show Uncle DOW your Ball!