Block Unveils Bitcoin Conversion Feature for Square Merchants – Bitcoin
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On Wednesday, Block, the financial services firm, disclosed that Square
merchants can convert their sales into bitcoin via the Cash App. Read More
54 minutes ago
Yeah ... There's this inconvenient thing called sequence of returns risk...
ReplyDeleteAnnualised return over 20 years from point A to point B is 7% p.a.
But inside got -50%, +40%, -20%, +15% etc. Hoho...
Investment Moats has something quite relevant...
Compounding requires absorbing damage so you're never forced to quit
I think too many people don't focus enough on how to "absorb damage" 😉
Spur😃
In addition of absorbing the damage; one should have the mean to recover and rebound strongly too
DeleteKeep a lookout for Temasek FY annual reporting next few days. :)
ReplyDeleteSeems like a +9% performance from 1/4/17 to 31/3/18.
$275B to $300B
But how much from capital gains + dividends .... how much from injections?
Gotta wait for the details LOL.
Monthly capital injection will huat
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