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
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Tuesday 4 February 2014

S'pore stocks end lower for fourth straight session

SINGAPORE: Singapore shares continued to slide on Tuesday, as disappointing US manufacturing data sank US and other Asian markets.

The Straits Times Index fell for the fourth straight session, dropping 25.15 points, or 0.84 per cent, to close at 2,965.80.

The index remained below the key support level of 3,000 points and at 14-month low.

Tuesday's sell-off was attributed to worse-than-expected US manufacturing figures, which most analysts see as a blip caused by "adverse weather conditions".

Sentiment was also weighed down by ongoing fears of capital flight caused by Fed tapering, and a slowdown in the Chinese economy.

Total volume stood at 1.99 billion shares valued at S$1.27 billion.


Losers overwhelmed gainers by a three to one margin, with 328 counters declining while 108 stocks finished higher.
Property shares were mostly weaker, with City Developments shedding 3 cents to S$8.68, CapitaMalls Asia dropping 2.5 cents to S$1.69, and Keppel Land moving down 3 cents to S$3.10.

Banks also ended lower -- DBS fell 24 cents to S$16.30, OCBC lost 8 cents to S$9.09, while UOB declined 28 cents to S$19.50.

 
 


To see the diagram below.

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