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.
Think Investing as Tug of War - Read more? Click and scroll down
Unbearable or enduring pain on paper losses. Choose either one. Unbearable may reach a trigger that you cut losses to relieve your unbearable pain even Panadols doesn't help anymore.
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ReplyDeleteHi there,
May I know which author’s form of retirement planning/ drawdown do you subscribe to?
Read? Do We Plan For Our Own Retirement Based On Other People To Provide You The Number?
DeleteSo far; I still prefer this model after searching through the cyber world and NLB bookshelves on adequacy for retirement planning.
This model:
The Balance Sheet
A more sophisticated way to measure the success of a retirement portfolio is the one used by large pension plans. You compare what's called the actuarial present value of your assets and liabilities. The twist: Instead of looking at current assets and liabilities, you look at the value of all your expenses in retirement as a lump sum as compared with the value of all your assets as a lump sum.
Read? It’s safe to invest entire life savings in stocks. But it can be safer!!! (4)
Thanks! What consists of your non-volatile assets? Are stocks like Keppel considered volatile?
ReplyDeleteAll stocks by nature can be volatile.
DeleteMy non volatile assets are cash and CPF
Which book can you find “The Balance Sheet” from?
ReplyDeleteThanks in advance Uncle CW!
It is not from a book.
DeleteThis is this article from cyberworld.
Read? Is Your Nest Egg Holding Up?