How we view our investment portfolio's dividend income will shape our approach tofill up orrefillthis glass to full state?
When we view the current state of our investment glass as half empty; and that could mean we had previously held a full glass and now we see it as half emptyi.e. we had went from empty glass to full glass and now at half empty glass. We knew that previously we have the resources and means to fill up this glass to full state; we may still have those resources and means on hand to refill the half empty glass to full glass. Do we still need to consider additional resources and mean e.g. leveraging to refill this glass to full state since we have previously done it before with those resources and means?
It may not be the same view as someone is seeing the glass as half full as he or she may have come from empty glass to half-full glass and want to fill up this glass quickly. They have to consider additional resources and mean to help them to power up. One way is to leveraging!
From Jan 2000 to 2007; Uncle8888 has been viewing his investment glass as half empty even though it was nearly full and kept chasing to fill it up. Read? My War Room (7) - The Last Mile
But; now he is viewing his glass as half empty and cautiously looking to refill it to full glass! When we see our investment glass as half empty; we will be happy if the glass doesn't go empty! Right?
This is Mind part of 3M's - Method, Mind and Money Management!
Last updated : 15 Sep 2018
I am 62 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. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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.