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

Sunday, 23 January 2022

Stress Test On Investment Portfolio As Retiree And War Chest Deployment Plan for the next Bear 2022/2023???

Heng ah! Over 22 yrs across market cycles of Bulls and Bears as Panda investor in boring and uninspiring SGX; Uncle8888 has not lost his own hard earning saving (Total Capital) at last GFC 2008/2009. 

It will be even harder for him to lose his own hard earning saving (Total Capital) since he has switched his investing strategies as retiree depending on his 1MCPF and 1MSGX for his retirement income for life and also moving slowly towards to the Land of Investing Nirvana!








Posted by Createwealth8888 at 09:10
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8 comments:

  1. Singapore Man of Leisure23 January 2022 at 11:01:00 GMT+8

    CW,

    There are youths and old fogeys (count me one of them) out there who have not experienced STI below 1,000 - 1997 Asian Financial Crisis.

    OK, STI below 2,000 points I was there with bloodied fingers.

    2003 is a memorable year - properties and stocks all super cheap looking back... Wished I was more aggressive and used margin with stocks though ;)


    It seems with the benefit of "crash got sound", you also don't believe a word of that bullshit sales spin from snake oils telling new "investors",

    "Don't wait for a correction to get vested!"

    LOL!

    ReplyDelete
  2. Spur23 January 2022 at 16:02:00 GMT+8

    Uncle8888,

    I've been stress testing the downside & the upside.

    Opportunity gains from avoiding losses, and opportunity losses from missing gains. Headache! LOL.

    ReplyDelete
    Replies
    1. Createwealth888823 January 2022 at 16:57:00 GMT+8

      When to take more profits off the table can also be stressful! LOL!

      Delete
    2. Spur23 January 2022 at 22:26:00 GMT+8

      Yeah, I harvested aggressively over the past 3 months. Now got 7 digits rotting away in warchest.

      Going to do more exercising, watching netflix, zen meditation & napping to cure itchy fingers lol.

      Delete
  3. Henry24 January 2022 at 18:21:00 GMT+8

    I will chiong ah. Lol...Vested since 1990. Win lose win lose no end until up the loli I think. Lol.

    ReplyDelete
  4. hyom24 January 2022 at 20:22:00 GMT+8

    With 22 years of active market experience, it's hard to lose your total capital. 22 years of experience, 22 years to grow your capital and much lower family expense with fewer dependents, it's hard to lose big financially. I'm not surprised you're moving towards the Land of Investing Nirvana :)
    As a retiree, besides monitoring markets, also need to monitor health actively liao.

    ReplyDelete
  5. Spur25 January 2022 at 10:34:00 GMT+8

    Threw $50K into the market last night. Maybe another $50K after the FOMC meeting on Wed night.

    So much for controlling itchy fingers! LOL

    ReplyDelete

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