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

Saturday 23 February 2013

DOW : 14,000.57 Up 119.95(0.86%)

Back to 14,000 again!!!
























By: CNBC.com Writer
                

Stocks finished near session highs Friday, recovering from a two-day slump, lifted by upbeat economic data from Europe and after comments from St. Louis Fed President James Bullard that the central bank's aggressive easy money policy will stay for a "long time."
The Dow eked out a slim weekly gain, avoiding its third-consecutive weekly decline. Meanwhile, the S&P 500 posted its first weekly loss this year, snapping its seven-week win streak.

The Dow Jones Industrial Average rallied 119.95 points, or 0.86 percent, to finish at 14,000.57, led by Hewlett-Packard and Home Depot. Interestingly, the blue-chip index has so far posted a gain every Friday of this year, matching the Friday win streak from July through September of 2012.

The S&P 500 jumped 13.18 points, or 0.88 percent, to close at 1,515.60. And the Nasdaq advanced 30.33 points, or 0.97 percent, to end at 3,161.82.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell near 14.

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