tag:blogger.com,1999:blog-1602023866179666640.post3714944674737467383..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Your Millionaire Dream In Singapore? Depending On Who You Ask???Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-1602023866179666640.post-73306910560041904902015-06-10T11:24:08.470+08:002015-06-10T11:24:08.470+08:00Your "$1,000,0000" caught my attention.....Your "$1,000,0000" caught my attention... I treble check and confirm is not my eye problem. lol.<br /><br />Anyway, I think it is a relative question. I won't be bother with paper loss of $30K with my $1M portfolio. It is still 3% 'loss'.<br /><br />Assume I attain 6% average dividend, it means $60K passive every year. My portfolio may goes up and down due to market, but my $60K is pretty stable. That's the key. <br /><br />I will only concern if the companies that I invested in deteriorate. RayNghttps://www.blogger.com/profile/06085987573946040792noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-59825831650252295882015-06-10T09:12:56.375+08:002015-06-10T09:12:56.375+08:00Wealth = Asset Value + Cash flow
Once we understa...Wealth = Asset Value + Cash flow<br /><br />Once we understand the nature of wealth in relation to cash flow and how to mitigate against the three risks we should be alright cross market cycles.<br /><br />Yesterday, gave auntie about 2.5 h of tutorials on these topics.<br /><br />Read? <a href="http://createwealth8888.blogspot.sg/2015/06/who-says-many-in-singapore-are-not.html" rel="nofollow">Who Says Many In Singapore Are Not Interested In Personal Finance??? </a><br /><br />Read? <a href="http://createwealth8888.blogspot.sg/2015/05/your-personal-finance-and-investment.html" rel="nofollow">Your Personal Finance and Investment - Three Risks That Are Seldom Actively Discussed by Personal Finance and Investment Bloggers </a><br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-7145448947718415632015-06-09T23:07:20.469+08:002015-06-09T23:07:20.469+08:00Let's say you have $100,000 in equities and yo...Let's say you have $100,000 in equities and you have $3,000 paper loss. Pretty easy to accept. <br />But if you extrapolate to $1,000,0000 in equities and you have $30,000 in paper losses.<br />Can you stomach the paper loss when you become a millionaire? As you have more, you naturally invest more correspondingly and have paper loss in order of magnitude.Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-9489488416332994282015-06-09T23:03:47.639+08:002015-06-09T23:03:47.639+08:00This comment has been removed by the author.Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-6794835252037204822015-06-09T17:55:12.591+08:002015-06-09T17:55:12.591+08:00Not ordinary ant. ATOM ANT!Not ordinary ant. ATOM ANT!Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-20716620036213805222015-06-09T17:40:15.749+08:002015-06-09T17:40:15.749+08:00There you go!
Another tarzan (泰山) amongst our mid...There you go!<br /><br />Another tarzan (泰山) amongst our midst ;)<br /><br /><br />Siew Mun,<br /><br />4 kids with stay at home wife, now that's impressive!<br /><br />Now that's virility!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-75353444582405853772015-06-09T17:08:41.069+08:002015-06-09T17:08:41.069+08:00Started saving 40%-45% of income, invested in equi...Started saving 40%-45% of income, invested in equities and bought a hudc (1700 sq ft) 10 years ago at rock bottom price of $490k. The hudc is privatized and 400m away from MRT stn.<br />Combination of luck and prudent mgt. My peers adopted YOLO while I am ridiculed as an ant.Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-2083563636684789552015-06-09T14:24:53.189+08:002015-06-09T14:24:53.189+08:00Good!
We need more to come forward to share their...Good!<br /><br />We need more to come forward to share their experience.Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-38555046988793597252015-06-09T13:11:14.467+08:002015-06-09T13:11:14.467+08:00I have 4 children w a stay at home wife. Recently ...I have 4 children w a stay at home wife. Recently who went back to full time work after 10+ years. Difficult but not impossible to reach the millionaire goalSiew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-8709879375380909032015-06-09T07:36:58.880+08:002015-06-09T07:36:58.880+08:00Folks who keep thinking that children are wealth d...Folks who keep thinking that children are wealth destruction element along their journey towards FIRE probably have not live with parents or grand-parents who are in their 80s and above. They may not have been to Tan Tock Seng Eye Clinic. For those who have brought their aged parents, grand-parents or elderly. What did you observe among these old folks with and without their caregivers accompanying them?<br /><br />After seeing my late dementia FIL and MIL with my own eyes; I know what is living old like. Once dementia; money doesn't exist anymore. We just hope that our children will learn the right thing from us. Take good care of their parents.<br /><br />Yesterday, I was chatting with this young man who was staying home to take care of his 95 yrs old Ah Ma. Of course, he was bored; but luckily he could chat with us. Not too bad.<br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-61528186445122878142015-06-09T00:27:14.286+08:002015-06-09T00:27:14.286+08:00Those who had managed well a family thru to their...Those who had managed well a family thru to their old age will eventually realized family love is priceless and indestructible! <br /><br />Grape sweet or sour? <br /><br />Wealth destruction is true for the soured!!!Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-83520702968687295052015-06-08T21:32:32.079+08:002015-06-08T21:32:32.079+08:00Why not Stay-At-Home-Dad and juggle both family an...Why not Stay-At-Home-Dad and juggle both family and career? <br /><br />My time is over. Sabot you guys. Hee Hee!<br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-67604818170471725622015-06-08T21:29:19.889+08:002015-06-08T21:29:19.889+08:00Hi Uncle8888,
Indeed Stay-At-Home Mum with child...Hi Uncle8888, <br /><br />Indeed Stay-At-Home Mum with children eat money. The best way is to educate woman to take up a job that allows them to juggle both family and career, and to persuade government to construct more and better student care centers. <br /><br />Anonymoushttps://www.blogger.com/profile/17168480434294252442noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-54231073048832251672015-06-08T20:47:29.706+08:002015-06-08T20:47:29.706+08:00Get married. Have children. You still can dream to...Get married. Have children. You still can dream to become Millionaire one day. Just decades away! <br /><br />It has been done!Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.com