I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Friday, 23 December 2016

No Free Lunch : Cash In Our Portfolio As War Chest Is Rotting But Also Act As Stabilizer Too During Volatile Market






Posted by Createwealth8888 at 09:21
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4 comments:

  1. Singapore Man of Leisure23 December 2016 at 10:55:00 GMT+8

    CW,

    I poke you a lot on your powerpoints but I must commend you on one thing - you are more clear and transparent than crystal ;)


    1) Cash is indeed rotting and a drag on portfolio performance. And its reflected in your XIRR. PAP whiter than white! If you removed cash from the calculations, all your XIRR will be in double digits ;)


    2) XIRR since inception will produce a different number than if we calculate the annual XIRR and then "average" it by the number of years.


    I don't know why I so nice to you today?

    Maybe it's Christmas?

    LOL!

    ReplyDelete
  2. Rolf Suey23 December 2016 at 16:08:00 GMT+8

    Hehe... maybe in 2017, we should consider less poke and more praises! hahahah

    Happy holidays guys!

    ReplyDelete

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