When Uncle8888 grows older, his ball shrunk smaller. He fully understands the need for finance redundancy. In fact, he actually planned for it. (Did he hear Grasshoppers laughing again?)
It is okay to earn lower return on the redundant components; but sleep better at nights when market crashes.
We can learn from wise men from the past ” If you have a worry problem, do these three things: 1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.”
Now Noble is falling down!
Where is the bottom?
So he has re-marked the stress test value of Noble to $0.10 as pointed out by Iceberg.
Last updated : 14 Sep 2019
I am 63 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.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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