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

Monday 28 July 2014

Why Uncle8888 likes The Motley Fool Singapore???


Now Uncle8888 can conveniently read The Motley Fool Singapore in one of his blog links.

Uncle8888 read this .... Ha Ha!

 
We regular bus riders can be a strange lot, sometimes. If you want proof, just take a good look around the next time you hop on board a bus in Singapore.

 
For instance, we have the “aisle-hoggers”. These are the people who – once they secure an aisle seat on the bus – will steadfastly refuse to budge. It seems that the simple act of shifting over to the seat by the window – to let another passenger sit down more easily – is almost as painful as having teeth pulled.

Next, we have the “exit-hoggers”. These commuters can be almost as exasperating as the aisle-hoggers. They spend most of the bus journey milling around the exit door, even if they don’t intend to disembark for some time. Until they do get off the bus though, they make it awkward for anyone else to alight easily.

Why do people do this?

Quite frankly I have no idea. It is almost as though they are terrified that they might not be able to get off the bus when they want. But to my knowledge, no one has ever been held against their will on a Singapore bus.

Leave when you want

Something similar goes on in the stock market. It seems that no sooner has someone bought a stock than they are already planning an exit strategy. They are already looking at how to dump the stock they have only just purchased.

Taking profit, it has to be said, can never be a bad thing. After all, no one ever went broke by taking a profit. But simply selling a stock because we have made a quick buck misses the point behind investing, altogether.

For instance, did you know that no fewer than eight constituents of the Straits Times Index (SGX: ^STI) have delivered total returns in excess of 20% a year over the last decade? These include casino operator Genting Singapore (SGX: G13), Singapore Exchange (SGX: S68) and industrial conglomerate Sembcorp Industries (SGX: U96).

A 20% return means than an investment in any one of the eight companies in 2004 would have sextupled over ten years. Or to put it in even simper terms, a $5,000 investment would have turned into $30,000 after just ten years, if you had bought, held and reinvested the dividends.


Read? Would You Like A 20% Annual Return?


Read?Articles for Sembcorp Industries Ltd. (SGX: U96)


Why Uncle8888 likes The Motley Fool Singapore?


The Motley Fool Singapore often made him smile.













You know why. Right?

What is your best guess?
 









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