You can see for yourself and then draw your conclusion.
Total losses (realized and unrealized) over past 19 years are bigger than his investing capital since 2000 i.e. there is no capital injection over past 19 years!
This investing capital is the bulk of his saving coming from 22 years of earned income from 1977 to 1999.
Investing is all about Game of capital, winning and losing!
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Alamak! Habis liao!
ReplyDeleteEhhhh ... But then total gains (realised & unrealized) much much bigger than total losses!
Whew! Huat arrrhhh!!! 😜
Lucky. Can recover from big losses. If not will join the Chop Fingers camp.
DeleteCW,
DeleteWhen we started, all we can think of is to turn $1 into $10...
Then as we survived through 1 or 2 bull/bear cycles, we realised don't let $10 turn into $1 happy liao!
There is a capital accumulation climbing up the mountain phase, and there's a capital preservation strolling down the mountain phase ;)
Hi Uncle CW
ReplyDeleteOnce Keppel and Sci go back up you would have updated your post differently by then :)
Should we have End Date to quit investing?
ReplyDelete