Friday, 11 March 2016
What Happen To Our Investment Portfolio After Us??? (2)
Read? What Happen To Our Investment Portfolio After Us???
When we are Lao Jiao in the stock market; we can ride the price volatility in our investment portfolio like nothing has happened. But can our successor to our investment portfolio behave like us in the stock market?
Can he go and tell Auntie8888 that Warren Buffet said ..
Price Volatility is not risk.
Risk is permanent loss of capital.
When our investment portfolio reaches certain level; the daily price movement or volatility in portfolio may be damaging or scary to untested investing mind.
May go into depression. Right? Especially in the Land of Retirement.
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Buy some annuity (CPF or private) for her lor... not price volatility.
ReplyDeleteAt least Auntie888 has fix perpetual income for life.
Hi CW8888,
ReplyDeleteMy wife belongs to the same category of Auntie8888, and sad to say, my son also bochap. I am trying very hard to educate her/them on investment. If this is not successful, my plan B will kick in:
Find a suitable time to cash out all investment and put in FD for her!!!!!!! Question is: when is the suitable time?
Agreed on scam and con. Just too many of them out there. Sometime relatives are too helpful to help out with their good investment ideas.
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