You must collect your portfolio performance data on daily basis and be ever ready to plot these data in any other ways to view Past Success of Failure.
Without knowing your past success or failure of your investing skills, how do you revise your investment strategies and uplift your investing skills to meet your investing goal?
How about Future Ahead??? Absolutely no one will know how our portfolio will perform in the future.
BUT, it doesn't mean that we are helpless.
” If you have a worry problem, do these three things: 1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.” (Carnegie 49)
NO, NO, NO!!!
We can easily STRESS TEST our own portfolio for the worst case scenario!
Last updated : 14 Sep 2020
I am 64 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 21 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.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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.