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...
1 day 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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