Even when we have bought STI ETF at its historical highest on 1 Oct 2008. It is break-even at last Friday closing stock price. Never mind the laughter from Grasshopper that we are investing long term just to break-even.
Weekly Market Insights – 28 April
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Summary Trade Deal Optimism Fuels Market Rally: Wall Street rallied for
three straight days on hopes of progress in US-China trade talks, with tech
giant...
8 hours ago
Dividends are our Panadols to ease heartache and headache when we didn't get it right!
ReplyDeleteTime and dividends will heal all wound. We just need to make sure we dont sink together with the submarines
ReplyDeleteCW,
ReplyDeleteMoney lost can be earned back. Time lost is forever gone.
Well, take away 8 years from that excel sheet where one "projects" 30 years of wonderful X% compounding.
Now with only 22 years left, the annual compounding returns % have to go up to make up for the 8 lost years right?
How now?
The alternative is to push back the "planned" retirement goal by a further 8 years? Just move the goal posts?