A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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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...
19 hours ago
If auntie has hold on to her DBS; her yield now is 16%. Hindsight wisdom. :-(
ReplyDeleteNeed to have confidence & faith (some would say hope LOL) in selected assets.
ReplyDeleteHaving a separate bucket containing safe assets e.g. cash & govt bonds, will help to steady nerves. :)
That's why the old cliche of having balanced asset allocation.
Or else just use some simple trend following & don't think too much
e.g. be invested or buy when month-end price > 10 month moving average ... sell when month-end price < 10 month MA.
Most of the times, for retails simple method will work for us. Too much thinking. Too much fear
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