I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday 15 August 2020

15th Year Anniversary


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!






8 comments:

  1. Thank God indeed ... and the local finance blogosphere is all the more richer with Uncle8888 around! 😁

    Here's to many more tasty good years! 👍

    ReplyDelete
  2. For 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.

    ReplyDelete
  3. I'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

    Over 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.

    ReplyDelete
  4. Replies
    1. Stay healthy & stay well CW!

      And thanks to Spur for sharing the tool to the portfolio vizualiser.

      Delete
  5. Sequence of returns risk?

    For 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.

    ReplyDelete

Related Posts with Thumbnails