Saturday 21 September 2019

How to know you have achieved Mastery?

Read? How to know you have achieved Mastery?
How do I know?

 Uncle8888 has been tracking and measuring so he has 20 years worth of data points to review.

 He also has his war chest deployment plan ready for the next bear market.

 He then stress tested his investment portfolio for the next crisis!

 Compare the last crisis actual with the stress test result for the next crisis and se what is difference?

 Mastery is the difference!

 Hee hee!








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5 comments:

  1. Rainbow21 September 2019 at 22:51:00 GMT+8

    Hi Uncle8888,

    If you can relive the 07-08 period, what would you have done differently to prevent a plunge from 157% to 15%?

    How did you derive the projected plunge value (41%)?

    Seeking some enlightenments. :)

    ReplyDelete
    Replies
    1. Spur22 September 2019 at 01:53:00 GMT+8

      Coz Uncle8888 targeting next Big Bear bottom to be 1850-1900, roughly -48% from 2018 highs? 😛

      Hence a portfolio at 274% will drop to 141% 😉

      Check out his STI major points chart, heehee!

      Delete
  2. Rainbow22 September 2019 at 11:17:00 GMT+8

    Thanks Spur for your reply.

    Wa... Maybe a big black swan event? :P

    ReplyDelete
  3. Rainbow22 September 2019 at 11:22:00 GMT+8

    Moral of the story I guess is emotional and risk management. http://createwealth8888.blogspot.com/2011/01/chasing-last-100k-last-mile-and-may.html

    ReplyDelete
  4. CreateWealth888822 September 2019 at 13:50:00 GMT+8

    Next crisis. FED can't lower interest rate anymore. May be government gives everyone 10k to spend. LOL

    ReplyDelete