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!


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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
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Thursday 28 March 2013

DBS gains market share: CEO

DBS Bank has gained market share in key areas such as mortgages, car loans and business loans and intends to continue doing so, its chief executive Piyush Gupta has said.

And it has done this while halving the margin gap with its key rivals, OCBC Bank and United Overseas Bank (UOB), he noted.

In mortgages, after reversing its market share slide in 2008/2009, when it fell to 24 per cent from 42 per cent 10 years ago, it is now 25 per cent, he said.

Speaking to reporters on Wednesday evening on the transformation of DBS over the three years since he joined DBS, he said it would take the bank a "long, long time" to return to a 42 per cent market share.

DBS at $16!!!
 
That was many years back!
 



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