How to Travel to 50 Countries While Building A Passive Income Portfolio:
Money Diaries #3
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In this week’s Money Diaries, we speak to Ken Tan. Ken is in his 40s and
works as a career coach, trainer, and consultant. He is also an avid
traveller w...
5 hours ago
You win some, you lose some.
ReplyDeleteJust make sure your loses don't knock you off the mountain. 😬
Even the best investors will have to go through a draw-down one day. Furthermore, Ray Dalio's fund is the largest fund in the world. Size kills performance.
ReplyDeleteCW,
ReplyDeleteMoral of story?
Ignore the noise, just put our heads into the sand.
In the LONG RUNG, stocks always go up.
Just buy-and-hold forever and ever.
And remember to call ourselves LONG TERM "investors".
Unrealised losses are not "real".
Most of the stocks in the STI are blue chips. Look! Even big daddy owns them.
If these companies go bankrupt, Singapore will go belly-up too...
So no worries!
We have good company!
We are a school, a flock, and we are LEGION (yup, snake oils are not angels).
/s
In case people not familiar with reddit lingo, /s is code for sarcasm ;)
Uncle temperament
ReplyDeleteHistory only got one Gungho Guan Yu. haha!