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...
3 weeks ago
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