Market will operate in cycles and will always cause volatility in our investment portfolio value! When we choose to invest across economic and market cycles; we should be very CLEAR about it! Especially when we DON'T depend on asset draw-down in our investment portfolo to fund our living expenses; what wrong with volatility? Why do we fear volatility? 3Ms - Method, Mind, and Money Management May be fewer investors has stronger investing Mind. But, can we train our investing mind to be less fearful of volatility? No investing course on Mind part?
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 2041 @ 85 yrs old.
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.