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 Investinghas 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!
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.
Does this mean your ammunition is deployed based on how much STI falls? The other method is just to spread out over a period of time. Or combine both of above.
"HOW MUCH IS ENOUGH" "There are many different and contrasting views about whether it is better to invest a little and often, or invest larger sums occasionally. I think you should aim to do both differentially base on the state of the market at any given point. Once again, it is a matter for your personal judgment. Nobody can tell you or predict how you should behave in this context. Investing a little and often means that you limit your exposure to market fluctuations and therefore you manage risk. Investing aggressively when a special opportunity arises, such as Harley Davidson example, makes sense, so that the more you take advantage of a situation like that, the more your returns are likely to be if you get it right. So, in summary, invest a little and often, and invest heavily rarely and intelligently. Taking both approaches is the most likely to provide you with the best returns overall and in the long run".
NB: The author invested very heavily in Harley Davison during the 2009 blood-bath in NYSE. i think he had waited for 4 or 5 years. Almost unbelievable patience/guts and a "little bit of luck or blessings and skill in understanding the market" depending on your belief. Read the book and you may have your own interpretation. If so, may you share with all who blog here. Cheers!
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I am 66 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.
Currently, two sons and one daughter are working.
I have been doing 22 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
Currently, I am on my way to Investing Nirvana - Freehold Investment Income for Life after 23 years of building up Investment Portfolio through long-term investing for growth-dividends and short-term trading on Rounds after Rounds.
I have also achieved sustainable retirement income for life from CPF and Year-on-year Diminishing Bear Market Impact stock Investment Portfolio in local market, SGX! i.e. Beary Safe!
Cheers!
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.
Does this mean your ammunition is deployed based on how much STI falls?
ReplyDeleteThe other method is just to spread out over a period of time.
Or combine both of above.
Use STI levels as patience benchmarking. Buy slowly. Sell slowly.
ReplyDeleteHi,
ReplyDeleteHow about this practice from Jamie E. Smith.
"HOW MUCH IS ENOUGH"
"There are many different and contrasting views about whether it is better to invest a little and often, or invest larger sums occasionally. I think you should aim to do both differentially base on the state of the market at any given point. Once again, it is a matter for your personal judgment. Nobody can tell you or predict how you should behave in this context.
Investing a little and often means that you limit your exposure to market fluctuations and therefore you manage risk. Investing aggressively when a special opportunity arises, such as Harley Davidson example, makes sense, so that the more you take advantage of a situation like that, the more your returns are likely to be if you get it right. So, in summary, invest a little and often, and invest heavily rarely and intelligently. Taking both approaches is the most likely to provide you with the best returns overall and in the long run".
NB:
The author invested very heavily in Harley Davison during the 2009 blood-bath in NYSE.
i think he had waited for 4 or 5 years. Almost unbelievable patience/guts and a "little bit of luck or blessings and skill in understanding the market" depending on your belief.
Read the book and you may have your own interpretation. If so, may you share with all who blog here.
Cheers!