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!

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

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Tuesday, 19 July 2011

My Net Worth Distribution Pie

When Singapore stock market crashes, I will feel poorer! Why?
Because 43% of my net worth comes from money made in Singapore stock market.



P.S:

I have zero debts and no investment property. Net worth excludes residential home, CPF SA and MA.

Portfolio=Capital+Profits+Unrealized P/L = Stocks(Closing Px)+Cash Available for Investing
Posted by Createwealth8888 at 21:21
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4 comments:

  1. t00t20 July 2011 at 18:05:00 GMT+8

    Surprise that you do not have any debt. Typical firms borrow moneys to earn more revenue. I have written an article on low risk leverage on my bog. Do take a look.

    ReplyDelete
  2. Createwealth888820 July 2011 at 19:47:00 GMT+8

    Read? Business Leverages And Personal Leverages.

    Do you think that I am financially stupid just because I have zero debts? Some time, we must know what is enough as we can't possibly earn all the money that are available in the investment world.

    In all past crisis, I didn't lose sleep and in future crisis I will not lose sleep too. LOL

    Read this book: "Financially Stupid People Are Everywhere: Don't Be One Of Them."

    ReplyDelete
  3. t00t20 July 2011 at 22:05:00 GMT+8

    Not saying that you are financially incline. You are known to have won battles in stock market !I have not win any. Thats why focus on low risk way of buying stocks. Porbably my perception is that most wealthy people leverage to become richer is not correct.(have not done statistic on it)
    IMO, for people who do have limit cash for investment, without leverage , the trasaction commision eat into the capital.
    I do agree that leverage induce risk. It also require great strength of displine especially when one feel like having "extra free money". will look at your recommend book. cheers

    ReplyDelete
  4. Createwealth888820 July 2011 at 22:36:00 GMT+8

    SCB no minimum brokerages and commission at 0.2% has enabled small retail investors or traders to invest or trade like the big boys. Do sign up if you don't have one but don't over-trade.

    ReplyDelete

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