A Goal-based Approach Investing StrategyUncle8888 has adopted a Goal-based Approach investing strategy by setting for himself a 10-year progressive Goal Targets to be achieved for each year from 2012 to 2021.
Our investing journey is not Horse Race or Rat Race where we compete against others. No! It is our investment Marathon Race where we set our own pace and compete against ourselves to win our own race.
Year 4: H1 2015 Result for Tap No 3 (Cash Flow from Investment Portfolio) Achieved 32.1% against 34%of 2021 Goal Targets.
Investment Portfolio XIRR Track, Measure and Visualize! Without doing it; how to revise investing strategies and to improve year-on-year investing performance?
Portfolio's XIRR includes all investable cash plus the current stocks
value at market closing price as on 30 Jun 2015.
Since one year ago:-4.2% Since 1 Nov 2008: +1.8% Since 1 Jan 2003: +8.8% Since 1 Jan 2000: +8.1%
The reality of riding market cycles of Bull and Bear
This reality cannot be anyhow extrapolated in any form of theoretical knowledge including the most popular form of compounding interests - the Eight Wonder of the World. No. You can't! Embracing Three Taps Solutions to Retirement Income For Life Model
Uncle8888's Wealth's Formula: Wealth = Asset Value + Cash Flow Where Sustainable Cash Flow = Tap 1 + Tap 2 + Tap 3 and volatile market pricing of Asset Value becoming less significant. Since Tap No 3 is enough to supply the liquidity needs; Tap No 1 will remain shut.
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.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.