Interesting question!
Somehow this time was about that Right or Wrong Time when Uncle8888 believe that Investing is the way to reach FI and get out of Rat Race after reading this book : Rich Dad. Poor Dad!
LOL!
Interesting question!
Somehow this time was about that Right or Wrong Time when Uncle8888 believe that Investing is the way to reach FI and get out of Rat Race after reading this book : Rich Dad. Poor Dad!
LOL!
Hi Uncle8888,
ReplyDeleteThink it's really individual basis. Depends on time horizon, number & type of dependents, job security, own risk appetite / mentality, specific individual & family circumstances.
Got health insurance? Got 6-12 months emergency funds? Got any big expenses in the next 3-5 years? Got a job?
Do you have 5 yrs or 20 yrs? Or "forever"?
And investing "now" doesn't need to be all-in 100% in risk assets when stock market opens tomorrow morning. Can be 5% or 33% or 70%. And over 3 months or next 12 months. ;)
Problem is people just want simple yes/no answer. Just tell me the stocks guaranteed to go up in both the short term as well as long term. And will give me multi-bagger returns! LOL!
This time is different!
DeleteWith no minimum commission brokers; one can enter and exit slowly even as slow at 100 unit share per Entry/Exit! :-)
True Turtle Investing/Trading!
I think we give SGX a miss, this market is suck and gg no where. I buy nasdaq in late April and are sitting on handsome profit.
ReplyDeleteSGX stock are only good for losing money,