GFC 2008/2009 - The Great Opportunity; but Uncle8888 has nothing to show in his portfolio that is dated at 2009.
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
-
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...
10 months ago

Ya lorr, sama sama .... no powder left to buy when blood in the streets during end-2008/2009. At that time just followed textbook asset allocation, but no tactical allocation & no trend following & no cut loss. End up with big drawdown of assets. But luckily stayed with conviction & remained invested (not much choice lah!) & collect dividends (reduced!).
ReplyDeleteThanks to Bernanke, Geithner, Obama, Paulson, and the folks at PBOC, BOE, BOJ who pumped trillions of dollars into the markets. Now my assets recovered to 150% of 2007 amount, but in real terms probably just 10%-15% increase.