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
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Technical Analysis and Charting
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Wednesday 12 June 2013

Stocks End Down 1%, Dow Drops 100 in Choppy Session

By: | CNBC.com Writer
                

Stocks finished sharply lower in volatile trading Tuesday after briefly wiping out most of their losses, with all key S&P sectors closing in the red, as the Bank of Japan's latest monetary policy decision disappointed investors.

 
The Dow Jones Industrial Average dropped 116.57 points, or 0.76 percent, to finish at 15,122.02, dragged by American Express and Merck. The blue-chip index swung in a wide range, falling more than 150 points near the open, recovering all of its losses in midday and dropping back near lows in the final hour to close down by more than 100 points.

The S&P 500 slumped 16.68 points, or 1.02 percent, to end at 1,626.13. And the Nasdaq declined 36.82 points, or 1.06 percent, to close at 3,436.95.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 17.

 

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