Read? Bye Bye Before Retirement??? Life can be unexpectedly shorter while we plan decades ahead for our retirement; so we must remember to spend some of our money for the present too. Money not spend by us is not ours but belongs to others. Just heard one ex-colleague at age of 39 who is single had stroke last night and in ICU on life support. His family decided to let him go tomorrow. Read? Life Is Fragile And Can Be Unexpectedly Shorter!
Assuming 2.5% annual inflation rate from 2020 to 2032. Uncle8888 has more than 12 years or up to 2032 at age of 75 over the next market crash to deploy significantly his war chest to achieve his net worth asset allocation through this strategy of know enough, know your yield, know your risk.
TEMASEK Holdings on Tuesday reported a one-year total shareholder return (TSR) of 1.49 per cent for the 12 months ended March 31, 2019, reflecting market volatility as it warned of lower returns expectations for the longer term amid weak global growth.
This compared with the 12.2 per cent TSR posted in the year-ago period, with TSR a compounded and annualised measure that includes dividends paid to its shareholder but that excludes its shareholder's capital injections. Compounded over 45 years since its inception in 1974, annualised returns stood at 15 per cent.
The Singapore investment firm's net portfolio value grew to S$313 billion, up from S$308 billion a year ago on a Sing-dollar conversion basis, it said in its annual report released on Tuesday.
During the year under review, Temasek shifted into divestment mode, divesting S$28 billion in assets, and investing about S$24 billion in the same period. Temasek had guided a year ago that given the market outlook, it may recalibrate and slow its investment pace over the next nine to 18 months.
Temasek received dividend income of S$9 billion from its portfolio.
Do this! Walking your path, your way! Absolutely free and easy! Some prefer to join walking group or form walking buddies. Uncle8888's ex boss who has retired last year also found his walking buddy to walk on every Tuesday morning.
2.5 years have passed without earned income from full-time employment; and the cash flow is still healthy without any asset draw-down to supplement household expenses! So there is no urgency to deploy war chest for more investment income to fund household expenses! Know enough, Know your yield, Know your risk (Ha ha Know Your Yield , Know Your Risk)
Pre-retirement from full-time employment .. He is spending his time, energy, and effort to empty his glass every workdays and the next workday it get almost full again and repeat all over again. Sigh! Still half empty nearing the end of workday is damn stressful! Sianz! Looking forward to financial independence and then can choose to retire! Post-retirement from full-time employment .. Each passing day; he is just trying to fill up his glass to half-full and there is no reason to fully fill up the glass. Stressful??? Of course not if you can fill up half full! Good enough!
Hmm .. total of $600 is good for 10 months worth of unlimited monthly travel on public transport in Singapore and up to JB Central and Larkin terminal. Happy traveler across the island of Singapore for 10 months!
Read? Buy and Hold – Hardest Strategy Ever Read? When a Giant Gain Causes Pain (4) Let Uncle8888 add on ... He has been through buy and hold era before and has done BOTH! Most retail buy and hold "forever" due to either sunk cost or freehold and then they became either immune or insensitive. They either consume dividends as Panadols or Golden Eggs or already wrote off long ago.
Uncle8888 doesn't need for more fixed income coming from bonds as interests from his CPF is already like bonds. If CPF gone, Temasek and GIC should have gone well ahead of CPF.
He still haven't give up the idea of finding the next batch of Geese that lay golden eggs in the next STI market crash. But, the wait is far too long. Sianz!
After Point X, when they become freehold Geese laying golden eggs. Shiok through the spine! Average annual yield on investment cost Kep Corp: 37% over 18 years Semcorp Ind : 27% over 17 years DBS : 11% over 16 years
Last updated : 15 Sep 2018
I am 62 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. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now 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.