Passive Income for Life

You are browsing the archives of2009 January.

STI gapped up a whooping 5% again since a couple of weeks ago after the CNY holidays. DOW is on a slow increase too. The recovery is due to oversold levels. But I’m watching for it to continue the downtrend.
Markets are horribly volatile. Excellent for traders, terrible for investors. Sometimes, i just wish i would [...]

The picture above struck me as oddly ironic when i first unfolded it – Singapore’s growth would hit a very bad negative 5% for growth and McDonald’s calling to “usher in MEGA PROSPERITY”.
For the ultra sensitive, McDonald’s advertisement maybe seen as tad bit insensitive, as though it were poking fun at our fears of a [...]

I think Mike’s post on Endowment Plans was excellent in comparing yield-to-maturity across different plans offered by different providers. Would be a shame if I did not share this information.
I do not really advocate endowment plans because of the cost involved and the opportunity costs of investing the money elsewhere. To me, it is more [...]

tsk tsk. Dow is 3% down at the time of posting.
Even Europe side is 6% down.
Looks like everything is crumbling down before CNY itself.
I’m looking to cut loss if it hits my stop loss target. Better to lose small in many amounts than a big one at one time.

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I’d thought things looked good when market was up in the morning  especially when DOW was down yesterday. But I was dismayed when i saw red when i just reached home.
Oh well. The short term uptrend might be broken (at least from what i have learnt) but only just slightly. By right, i must be [...]