Just For Thinking ....
Investing vs Trading (6) - Frequency and level of Risk Taking
In 1996, Remisier King, Peter Lim became a fulltime investor, investing $10 million in palm oil producer Wilmar International. He sold his holding in palm oil giant Wilmar 2 years ago in 2010 for $1.5 billion.
Assuming he bought on 1 Jan 1996 and sold on 31 Dec 2010, his XIRR over 14 years is 40% or 14,900% Capital Gain.
Absolutely crazy return!!!
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
10 months ago
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