Create Wealth Through Long-Term Investing and Short-Term Trading

HST : Bought @ $1.338 for Round 2

2020-12-28T18:19:00.004+08:00

Read? LION-OCBC SECURITIES HANG SENG TECH ETF for Panda/Koala Investors in SGX Local Market

Below IOP price of $1.35

Are sellers cutting losses fast and also some sellers tio margin calls and forced selling???

Analysts project STI to reach between 3,000-3,200 by end-2021

2020-12-28T08:25:00.001+08:00

TRADING WINDS DOWN FOR THE YEAR

Analysts project STI to reach between 3,000-3,200 by end-2021 (Put here for record. Chun bo?)

The Business Times on Tuesday reported that local market analysts are forecasting that the STI could reach 3,000-3,200 over the next 12 months.

The newspaper said CGS-CIMB’s Lim Siew Khee was the least bullish of those surveyed, with an STI target of 3,068 whilst RHB Securities set a 3,144 target.

DBS Equity Research’s target is 3,180, the same as UOB-Kay Hian, whilst Phillip Securities is the most bullish at 3,200.

DBS’s Yeo Kee Yan was quoted saying the current vaccine-led recovery optimism should see a return of the traditional sector rotation that accompanies a typical economic cycle.

He noted that banks, consumer discretionary and transportation stocks that are outperformers in the early recovery cycle have led the recent rebound, whilst “pandemic winners’’ like supermarkets, personal protective equipment makers and work-from-home beneficiaries have underperformed.

Paul Chew, Phillip’s research head was quoted saying a reversion-to-the-mean trade is expected in 2021.

“Sectors that suffered the most this year will recover as borders open and activities normalize’’ said Mr. Chew whilst Carmen Lee of OCBC Investment Research pointed out that value stocks tended to narrow the gap with growth stocks and small-cap stocks tended to show better returns historically during an economic recovery.

When Your Bank RM Called??? (6)

2020-12-26T19:21:00.004+08:00

Read? When Your Bank RM Called??? (5)

Sillyinvestor 26 December 2020 at 11:29:00 GMT+8

Hmm CW,

You haven answer Hyom or I could not fathom enough. Any impact if interest rate raises? Is 10 years and is a long time

Reply Delete

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Doing some Maths to keep his mind functioning! LOL!

RM's illustration is based on projected income @ 4.75% return on top of guaranteed fixed monthly income and projected bonus.

Projected 4.75% return by RM may be too juicy so Uncle8888 used 3.25% to do his Maths!

Actually; the real investment gains from this Premium Financing plan will depend on how well Uncle8888 invests this free up $144K which was previously locked up as Cash asset under AUM in the Bank earning low interests.

Time for him to power up! LOL!

When Your Bank RM Called??? (5)

2020-12-26T11:13:00.003+08:00

Read? When Your Bank RM Called??? (4)

hyom 26 December 2020 at 09:09:00 GMT+8

Hi CreateWealth8888,

From reading your blog, it seems like you are a fan of CPF. To persuade a savvy CPF fan to buy an annuity is really quite an achievement for a salesman, even if the product is good.

If you don't mind, may I ask what is your rationale for buying the annuity? Mainly for the low interest? If interest rate shoots up later, are you allowed to exit? If yes, at what penalty?

I wish you all the best in this new annuity plan!

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“She could sell ice to Eskimos” LOL!

Pointers are "

1. Single premium insurance also contributes to your AUM computation for service fees.

2. Surrender value at $160K is more than $144K loan at Day One so there will be NO margin call and NO penalty fee.

3. Just treat it as $144K margin account with your own free up cash of $144K to take advantage of lower interest rate environment over the next 10 year or at least till 2023 as indicated by FED

4. $144K free up cash for higher return to offset loan interest. You savvy investor. Right? LOL!

What are the options for Eskimo after buying Ice?

1. As Saver

Voluntarily CPF Contribution of $37,740 per year for the next 4 years

CPF Allocation rate for above 65

OA 1% SA 1% MA 10.5%

Since Uncle8888 has already reached MA BHS so 10.5% allocation in MA will flow into OA i.e. OA 11.5% SA 1%

$37,740 VC into CPF to earn total interest of $988 in year 1 (negative return on loan of $144K)

$37,740 VC into CPF to earn total interest of $988*2 = $1,977 in year 2 (likely to be positive return on loan of $144K)

$37,740 VC into CPF to earn total interest of $988*3 = $2,966 in year 3 (more likely to be positive return on loan of $144K)

$30,780 VC (Total $144K over 4 yrs) into CPF to earn total interest of $3,772 in year 4 to 20 (Repay loan with no penalty at breakeven point) and monthly income from Month 37 onwards

2. As Investor leveraging on own margin account without Margin Call

Learn from FIRE Masterclass Guru

Leverage on basket of S-REITs?

When Your Bank RM Called??? (4)

2020-12-25T08:57:00.002+08:00

Read? When Your Bank RM Called??? (3)

After clearing his 5 years HDB housing loan 28 years ago and becoming debt free; now Uncle8888 is back into debt with his POSB Front Page showing "Cards and Loans" in RED whenever he logged in.

Interest rate payable for Month 1 is 0.99%

Countdown to Month 37 for monthly income from annuity plan. Not sure got kena snake oil into taking advantage of leveraging on lower interest rate over the next 10 years???

One of Jesse Livermore's MONEY-MANAGEMENT RULES that he failed to follow his own rule strictly

2020-12-24T23:15:00.004+08:00

Turn paper profits into real money periodically. Take a percentage of your winnings and put them in a safe place, like the bank, or bonds, or an annuity. Cash was, is, and always will be king.

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Uncle8888 follows this money-management Rule even more kiasu and kiasi by transferring all winning profits and dividends to his cash reservoir as retirement income for spending. He will never lose back a single cent of his investment income ever again! LOL!

STI vs DOW

2020-12-24T08:36:00.005+08:00

" I see more and more Retail Investors 'migrating' .... not only in IN but in other forums and my other circles of friends ..."

Hmm .. saw this! Ha ha!

Buy High. Sell Higher or Buy Low. Sell High?

Which camp to join?

See closely; when did the diversion of DOW and STI happen and guess why this happened?

Will STI need to close up or DOW close down?

You place your own bet!

Venture

2020-12-23T08:01:00.005+08:00

DBS

2020-12-23T07:57:00.004+08:00

COVID-19 2020 vs GFC 2008/09

2020-12-20T16:36:00.000+08:00

Unknown20 December 2020 at 08:53:00 GMT+8

I tot March 2020 was already a good opportunistic crash, those holding cash had to wait long long forever lol

Reply Delete

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Did Uncle8888 miss the Boat?

In fact; he boarded the Boat too early and picked up a few Sardines; and hopefully these Sardines don't turn into Salted Fish!

Surprisingly; the plunge was sharp and the pain was short too. Next correction. No scare. Hoot!

COVID-19 : Touchstone, Sardine or Salted Fish???

Game over in 2021 or Crash again?

Long Term Investing Is Like Farmer Working In The Field From Sunrise To Sunset??? (2)

2020-12-20T12:06:00.002+08:00

Read? Long Term Investing Is Like Farmer Working In The Field From Sunrise To Sunset???

Small Time Investor20 December 2020 at 10:37:00 GMT+8

Uncle 8888

What and who is the saving grace when the farmer collapse under the hot sun in 2007?

Now farmer has more than capital size to use the right tools to work for him under hot sun.

Reply Delete

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Read? Upping Your Game Level??? Your Friendly And Thoughtful Brokers Will Assist You

Read? My Thought On Leveraging To Power Up Trading Income From SGX

One day; his broker called to tell him this good news after reviewing his account performance and offered to up his game level. Broker has lowered his commission from 0.275% to 0.22% and up buy limit to $200K and then to $300K when $200K limit was hit several times.

Buy limit: $300K, T+5, Commission at 0.22%

Huat liao! FIRE soon! That was his thinking in 2007

The moral of the story:

Never under-estimate the greed in us when we are winning big and on the way to FIRE faster!

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What and who is the saving grace when the farmer collapse under the hot sun in 2007?

What was the Lesson learnt?

Who are we in the stock market?

Read? Hunters, Fishermen, and Farmers??? Returns per unit of stress.

It will be better if Uncle8888 knows how to short and short it big???

Read?What was I thinking and feeling in Mar 2009 Bear market low?

Saturday, 28 March 2009, I wrote this post:

One honest Guru said that (but still many gurus are not telling us much about their losses in shorting the market), he gave back most of his profits built up from the last plunge.

This Guru was not any ordinary trader but the Chief Trainer and Strategist in one of the Kung Fu School of Trading in Singapore hor.

Read more? Does Shorting always win in a bear market?

14 Apr 2012 Createwealth8888's comments: This Guru continued to lose money despites he was one of those Kung Fu masters training many disciples to fight bulls and bears. Few months later the Guru also stopped blogging. Why did he stop blogging??? We can do our own thinking. LOL!

Long Term Investing Is Like Farmer Working In The Field From Sunrise To Sunset???

2020-12-20T09:27:00.000+08:00

Uncle8888 is like a farmer working hard in the field from Sunrise in 2000; and working even harder in 2007 under extreme hot Sun trying to plant more and more Summer seeds to become Rich. But; foolishly he collapsed under hot Sun due to Dehydration. He cooled down, changed strategies, and recovered.

He understood what went Wrong in 2007; then he began to watch Shadow of the SUN carefully from Midsun to Sunset.

In Sunset; as a farmer he will slow down and no longer have to work hard on the field. When he looked at the Field; he realized that he should be able to harvest enough to survive through the Winter! Be steady and NOT greedy for more!

Household Expenses

Replacement Income

Read? Retiring in Comfort in Singapore - Replacement Income

Still Waiting For The Next STI Market Crash Since 2009!!!

2020-12-19T16:54:00.005+08:00

STI didn't really crash in 2020!

So will STI crash in 2021?

Who are those worry about the next Market Crash?

Are you one of them?

Have you plan what to do over the next few months?

SGX

2020-12-18T19:31:00.006+08:00

Fu Yu - One small Baby Step Up Again!

2020-12-18T18:05:00.005+08:00

Read? Fu Yu - One small Baby Step Up

Bought @ $0.235 and with dividend in 2020 @ $0.0135 giving him 5.7%

One small baby step up today and passing through resistance @ $0.26

Hmm .. feeling more like a Touchstone and smelling less fishy as Sardine.

US Markets Only Go Up

2020-12-18T08:13:00.005+08:00

Sell away your stocks in SGX and switch Horses in US Mkt! Hurry! Mai Tu liao!

Stock futures opened flat to slightly lower on Thursday, pausing after increasing earlier in the day.

The three major indices ended the regular session at record closing highs, even as lawmakers remained locked in discussions over another coronavirus relief package and legislation to fund the government for the fiscal year.

New economic data out Thursday underscored weakening trends in the labor market as new jobless claims unexpectedly rose to the highest level since early September, giving investors reason to believe the grim data will compel lawmakers to advance a stimulus bill more expediently.

Lion OCBC Sec HSTech S$ (HST)

2020-12-17T20:19:00.001+08:00

LION-OCBC SECURITIES HANG SENG TECH ETF for Panda/Koala Investors in SGX Local Market

Uncle8888's double Virgin Stock play!

1. 1st ETF

2. 1st exposure to China Tech play in HK market

Setting New Record in Asset Price? What Really Happen To Our Real Wealth After Point X???

2020-12-17T08:05:00.001+08:00

New Record High!!!

So what?

A moment or a short period of an illusion of happiness and pride as retail investor!

Then what?

Uncle8888's Three Little Pigs have set their own historical record high and so what?

Kep Corp at $13.73

Sembcorp Ind at $6.90

DBS at $31.28

Did he lock in any profits anywhere near their record historical high and kept them safe from Mr Bear?

NO!

Dumb!

Suck!

Nothing but just an illusionary period of happiness and pride as retail investor! That is true!

Until we have mastered the skills and foresight to lock in paper gains somewhere near historical record HIGH and kept them safe from returning these gains back to Mr Market. All these paper gains are just an illusion of wealth!

Venture Corp : Sold @ $19.20

2020-12-16T10:43:00.002+08:00

Read? Venture Corp : Bought $18.88 for Round 1

Round 1 : ROC +1.3%, 16 days, B $19.88 S $19.20

SGX

2020-12-15T09:14:00.004+08:00

Luckily, Me in Merdeka Generation Didn't Start Younger To Invest/Speculate in My 30s During 1990s

2020-12-15T08:13:00.003+08:00

Luckily???; Uncle8888 was kiasu and kiasi type and loved the idea of Being Debt Free Pom Pi Pi and dumped his CPF money to clear his HDB housing loan; otherwise he might be among those Merdeka Generation who had chopped his fingers after AFC and this blog will never exist!

Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (5)

Read? Do You Know Any Mederka Generation Relatives Who Don't Talk About Market Any More???

Read? Not Interested In Investing or Too scared To Invest???

Read? The Tale Of Three Old Men In The Same Office Space (True Story)

Read? Save more than 60%. No need to invest??? (5)

If we started early during Bull Run; it may make us think that we are genius in investing or trading. See lah. Told you to start early. You don't listen. I made XX% CAGR already!

Now; Government and Social Media did a better job to educate the important of CPF and topping up instead of hooting the market with your paper money in CPFIS!

Read? CPF members added $1.6b to retirement funds from January to October, up from a year ago

May be now is different as financial and investing knowledge are easily available at your fingers or NLB and just don't be Bei Kambing and became of a believer of Secret Method to FIRE by Snake Oil!

SGX : Sold @ $9.33

2020-12-14T19:02:00.002+08:00

Read? SGX : Bought Back @ $8.89 for Round 8

Round 8 : ROC +4.6%, 15 days, B $8.89 S $9.33 (Highest price sold)

Round 7-1 : ROC +2.2%, 40 days, B $9.08 S $9.31

Round 5 - 2 : ROC +9.1%, 112 days, B $8.48 S $9.28

Round 5 - 1 : ROC +5.9%, 102 days, B $8.48 S $9.01

Round 4 : ROC +8.5%, 6 days, B $8.01 S $8.74

Round 3 : ROC +8.8%, 12 days, B $8.21 S $8.99

Round 2 : ROC +13.6%, 3 days, B $7.46 S $8.52

Round 1 : ROC +12.3%, 61 days, B $6.87 S $7.76

This Book Rich Dad Poor Dad (3)

2020-12-14T07:57:00.002+08:00

Read? This Book Rich Dad Poor Dad (2)

Singapore Man of Leisure14 December 2020 at 00:01:00 GMT+8

CW,

Well, you figure it out.

Is it better to be a landowner that can afford to pay multi millions to a CEO?

Or is it better to collect multi millions as a CEO sellsword ;)

The rule of thumb is for every dollar you pay a CEO, as a landowner, you would expect him to earn ten dollars back for you.

Anything less, you kick him out!

The definition of "passive" differs whether one is landowner, shepherd, or sheep:

Landowner - Exchange gold for talent. Practices To Insure Performance (TIP).

Shepherd - Exchange gold for time. Why do it yourself when you can pay others to do it for you?

Sheep - 5 minutes a day. No brains needed. Outsource thinking to others. Just follow blindly.

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(1) a wry smile and chuckle!

Do you have an ideal job? I believe many don't; but the job still provide a steady stream of income and help you to make a living and pay bills.

From CEO's Mouth themselves

Do you think that CEO is an ideal job?

My ex-boss was a very ambitious man and worked his way up the corporate ladder and one day was head-hunted to become CEO of another company.

At one Chinese New Year gathering of old colleagues, he said that how he wish he could retire early and doesn't have to face the stupid board?

A wry smile and chuckle probably happen at every pay day; but not necessary at every year end review and performance appraisal when these CEOs are NOT business owner with 100% shares as Pte Ltd.

When CEOs have boss or bosses who will set KPIs; do performance review and performance appraisal for their bonuses and salary adjustment; they are never business owner but employees or self-employed. When they didn't meet the Mark; they get f.... for not performing. When their ego are badly hurt then they may be thinking of getting out of rat race or retire!

Another CEO of listed company in SGX said publicly at SIAS seminar that he has regretted taking his company public. You can guess why?

ESBI

Why Investment?

Can we become competent investor?

Why not?

Many, many, many more can become competent investors. We just need more and more capital and our account size really matters.

Capital comes from our saving through our earned income!

That is why more and more people are seeking financial independence!

Company offering pandemic stock tips accused of $137M fraud

2020-12-13T09:41:00.005+08:00

Read? Company offering pandemic stock tips accused of $137M fraud

…Ads for Bishop’s services call him a “genius trader who has made millions in the stock market.” The company’s website says Bond is a former gym teacher who taught himself to trade stocks and rid himself of $250,000 in debt.

The company’s marketing materials don’t tell consumers that Bishop and Bond primarily derive their incomes from Raging Bull customers’ subscription fees, not from stock and options trades. The suit says they have incurred “substantial and persistent losses” from their own stock and options trading activities.

Read? Rich As I Say, Not As I Do

Same same as in our local investment blogosphere!

Have you notice the increasing number of local bloggers turning into customers’ subscription fees or training fees, not from their own stock and options trades to increase their "investment or portfolio" income?

:-)

DBS : Data Points of Two On Touchstone vs Sardine

2020-12-13T08:24:00.006+08:00

DBS as Touchstone from Panadols to Golden Eggs over 6,453 days since 14 Apr 2003 during SARS when DBS crush down to Earth!

Trading partial DBS as Sardines over 6,453 days since 14 Apr 2003

DBS(Right Issue) as Touchstone for Panadols over 4,353 days since 19 Jan 2009

Trading partial DBS as Sardines over 4,353 days since 19 Jan 2009

Observation so far

No clear indication of winning or preferred method!

Same same!

Me No Guru!

That why lor!

Tuesday, 9 August 2011

Read? Investing Made Simple by Uncle8888 (22)

Will Uncle8888 survive this Bear to write more stories on short-term trading and long-term investing using his Pillow stocks strategy and finding Touch Stones?

LOL!

The Past is NOT the Present. The Present is NOT same as Future!

Noble is DEAD!

Olam sold as Sardine!

Biosensor taken private as Sardine!

The Three Little Pigs - Kep Corp, Sembcorp Ind and DBS are still alive and kicking! Golden eggs for more than a decade! Golden eggs . Shiok!