Shares & Derivatives
SembCorp Industries: My 12 Years Story!!!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 11, 2014
Uncle8888 has noticed the recent excitement over SCI initiated by one local blogger and his followers. He smiles widely. He has been right for 12 years!!! Look at his yield on cost for being right and hold:
But, before any newbies get too carry away over the recent excitement over SCI and asking what is the fair value of SCI? Is $5 or $4.80? Let Uncle8888 showed you his 12 years story in SCI. No 1: Study this chart carefully.
Ask yourself. Can History repeat itself? Do you have emotional and financial strength to take this roller coaster ride? It may drop to $3.X! Is 3% yield p.a. as Panadol for easing your headache or heartache good enough? No 2: Look at Uncle8888's Round 53 play in SCI. His long-term investing for yield can be very boring so he gets his excitement by doing short-term ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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