As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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

Saturday, 21 September 2013

Like it or not. We as ordinary retail investor have to measure our investment performance. Why??? (2)



Read? Like it or not. We as ordinary retail investor have to measure our investment performance. Why???



When does XIRR really matters?


Most retail investors' investing goals and road map will look like this one.














XIRR really matters during Growth phase of our long investing journey towards official retirement or early retirement.








 
XIRR is the speedometer of our investment portfolio strength; it will roughly tell us ETA (Estimated Time of Arrival) to cross over into Income phase.












During Income phase, your Absolute Return now really matters!

When your absolute return is not enough to meet your living expenses in your retirement; then XIRR is just for boosting your ego. It doesn't help much!

But, when your Absolute Return and XIRR are both high, then it is not just for boosting ego; in fact you have arrived. You should also have earned your right to boast and not just boost.


No?





 

 
 
 
 
 
 
 
 
 
 











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