I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday, 6 March 2009

STI closed at 1513 with a new low again - Part 2

Part 1 <------ Read Part 1

Let review with a low STI at 1513, what will happen to portfolio value?

STI 1600 on 24 Oct 08: portfolio value is the lowest
STI 1595 on 20 Feb 09: STI down -0.3% from 24 Oct 08, portfolio value +19%
STI 1513 on 06 Mar 09: STI down -5.4% from 24 Oct 08, portfolio value +17.6%

The review is telling me that one should think of re-balancing, swapping counters to diversify or replacing "dead" counters in the portfolio, as not all counters will fall to new lows or better still some may recover from the previous lows.

So be brave and control your emotion over losses. During the time of market depression, it will also present you with better opportunity for you to re-balance, swapping counters to diversify or replacing "dead" counters in the portfolio at current reasonable price level.
Posted by Createwealth8888 at 21:38
Labels:
Related Posts with Thumbnails