Read? Tasteless For So Many Months .....
Survival rate is 70% at 5th year.
Cleared 10th year.
Now, cleared 15th year and add 1 to the number of cancer survivors statistics in Singapore.
Time on Earth is limited and can also pass faster before than we knew it! It is over!
Thank God indeed ... and the local finance blogosphere is all the more richer with Uncle8888 around! 😁
ReplyDeleteHere's to many more tasty good years! 👍
Thank God!
ReplyDeleteFor many retirees; it is harder to fight year-on-year inflation by investing for income. Up to Point X in our retirement journey; we may have to slowly draw-down our assets to supplement investing income to keep up with inflation.
ReplyDeleteI've mentioned 3 yrs ago that my wife is using more of the conventional diversified asset allocation in her investments. As opposed to my more momentum & trend following ways. :P
ReplyDeleteOver the last couple of years, her allocation has followed that of the traditional permanent portfolio. This asset allocation won't win any trading competition. But pretty safe & solid returns over the years.
How it's done so far in Covid year.
It's purposely designed to be "average" and not to try to predict what next month or next year will be. The 4 main assets are to handle boom years, inflationary periods, recessions, and depressions.
From backtesting over the last 15 yrs, the return is 7.7% pa and the drawdown during GFC was -12.6%.
So far wifey likes it for the relative low volatility & very high Sortino ratio.
Thank God. Everyday is a bonus
ReplyDeleteStay healthy & stay well CW!
DeleteAnd thanks to Spur for sharing the tool to the portfolio vizualiser.
Err simi si SOR? 🤔
ReplyDeleteSequence of returns risk?
ReplyDeleteFor cash it's high inflation.
Although should be low for the next year or 2.
Also depends on what type of "cash". SGD should be ok for the medium term. UKP will be quite terok. USD -- I'm not confident over long run. Lol.
The other 3 assets are simple etfs in London.
To outsource SORR, turn to insurance -- annuities. Preferably escalating / inflation-hedged from 2 or 3 different providers. They won't make you rich or give you windfall. Just peace of mind.