tag:blogger.com,1999:blog-1602023866179666640.post1775495885178277868..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Can We Learn From Warren Buffet In His 2018 AGM???Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1602023866179666640.post-16262701963497838632018-05-08T00:58:43.432+08:002018-05-08T00:58:43.432+08:00For long term buy & hold, i think better to be...For long term buy & hold, i think better to be simply global diversified stocks.<br /><br />Sectors & single country requires high level of smarts and insight to forecast which will outperform next year etc.<br /><br />The only single country etf that may be acceptable will be US total market etf as the few thousand companies will be diversified & globalised enough. But you'll still be missing out on fast growing, innovative companies in Asia & emerging markets.<br /><br />To avoid bad sequence of returns risk, 4-5 years before targeted retirement, to harvest cash equivalent to 4-6 years' worth of living expenses.<br /><br />Harvesting can be done whenever Mr Market becomes euphoric. As well as setting aside some portion from regular dividends.<br /><br />Spur😃Unknownhttps://www.blogger.com/profile/02938450718690565242noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-55005596577398230412018-05-07T22:52:27.162+08:002018-05-07T22:52:27.162+08:00During good times, retirees should be pre funding ...During good times, retirees should be pre funding their cash account. Can't wait till want to pang sai then look for toilet.Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-51407864489181003272018-05-07T22:50:48.459+08:002018-05-07T22:50:48.459+08:0020s can take note. :-)20s can take note. :-)Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-61768516582057950312018-05-07T15:56:12.352+08:002018-05-07T15:56:12.352+08:00Uncle8888,
That's the conventional advice ......Uncle8888,<br /><br />That's the conventional advice ... which i followed all the way thru -45% drawdown from Oct07 to Mar09. Lol!<br /><br />By then no more job owner so just hang on & collect panadols lah. Luckily got enuf panadols to pump xtra into cheap equities.<br /><br />Thanks to Ben Bernanke & Tim Geithner, recovered back to the original highs by mid 2012. Not a fun experience :)<br /><br />Actually for those in their 20s or early 30s, this method is quite workable.<br /><br />E.g. backtest for annual DCA of STI ETF from 2002 till today.<br /><br />Even better if use global stocks ETF as the investor won't be trapped by any lengthy underperforming single country or region.<br /><br />Spur😃Unknownhttps://www.blogger.com/profile/02938450718690565242noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-90285738468253545252018-05-07T11:45:37.126+08:002018-05-07T11:45:37.126+08:00;)
;)<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.com