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.

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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

Sunday 13 July 2008

Golden Agri




With Crude oil hitting record high and CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives Bhd ended higher yesterday as crude oil price hit a record high of US$145 (US$1 = RM3.27) a barrel, dealers said. The high oil price was lending support to the global vegetable oil market, including palm oil, they said.

One of the dealers said that improved palm oil stocks and weak exports for the first 10 days of July held back gains as investors questioned when overseas orders would improve.

GAR looked interesting. Technically, GAR is well supported at 0.785 and hope it don't break on Monday due to bad market sentiment reacting to DOW.

Another important observation is that rate of fall in STI in sympathy with DOW has diminished and somewhat not quite coupled to DOW fall (See chart 1)

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