Two sets of data points to validate personal investing strategy on 3M's - Method, Mind and Money Management.
Money management has changed from re-investing investment income for compounding investment return to spending off 100% of yearly investment since 2017. But, unfortunately; Uncle88888 has missed the opportunity to compound his investment income from 2010 to 2019 as his war chest is rotting in the bank and CPF OA for 10 years!
Similar or different pattern between 22 years and 15 months in local SGX market doing DIY stock pick?
22 years (Jan 2000 to Apr 2021) - Total number of different stocks bought and sold; or still holding = 59
15 months (Feb 2020 to Apr 2021)- Total number of different stocks bought and sold; or still holding = 13
Posts
Hi Uncle8888,
ReplyDeleteJust a different implementation of the bond tent. :)
Also not forgetting, you've plenty of market timing & trading in those 22 years! :P
Wah! New concept of investing near retirement or during retirement! Thank you for your illustration! A picture tells a thousand words.
DeleteMind part of 3Ms we are all on our own. Nobody can help on this.
ReplyDeleteCW,
ReplyDeleteCan help, but its not from snake oils.
Athletes and team coaches have used psychologists and psychiatrists to help them up their MENTAL game ;)
Traders have used them too.
For eg, some traders seek help to overcome their fear of squeezing the trigger. Or their inability to cut their losses short...