But haar ... that's the price to pay for multi-baggers over 20, 30 years. ;)
For those who more into get-rich-quick, they getting schooled in Luna & UST now.
Nothing wrong with trying get-rich-quick, just as long we recognise that it's get rich quick and size it accordingly to our networth, earning capacity, & time horizon.
If unrealised losses are not "real"; then unrealised profits are illusory too.
That's why for those of us what are active (not passive) in the markets, we have core holdings (do nothing part of portfolio), and our rounds 1, 2, 3 trades around our core positions ;)
As retiree, I now fully understand importance and the difference of real and illusion in the market! Never lose back the Real part to Mr Market! Ha ha!
As someone near to retirement I am at a cross road wondering if I should reduce my investment in equities. My current stock holdings yield around $67K a year in dividends. If I were to reduce my exposure to equities, I am not sure where else to park the money that can generate an equivalent amount of passive income.
Luckily at least my wife and I have quite a decent amount in our CPF savings that can generate around $100K per year of passive income when we turn 65, comprising interests from our OA & SA and CPF Life payout. If we delay the CPF Life payout to 70, then we can look forward to $120K per year in passive income from our CPF savings.
As of now, I am still adding to my equities portfolio through my monthly stock purchases. Hoping to bring my dividend income to $72K a year or $6K pm.
Even the STI has finally followed the rest of the world into bearish mood. I believe investors who have a heavy weightage to Singapore market will still do better so far this year than those who have a higher foreign stocks weightage.
Uncle8888,
ReplyDeleteBut haar ... that's the price to pay for multi-baggers over 20, 30 years. ;)
For those who more into get-rich-quick, they getting schooled in Luna & UST now.
Nothing wrong with trying get-rich-quick, just as long we recognise that it's get rich quick and size it accordingly to our networth, earning capacity, & time horizon.
Safer Get Rich scheme is through weekly ToTo. Just have hope and faith that one day I will be rich. LOL!
DeleteHeheh! Good luck to all Toto-ers here!
DeleteSame same ... Some don't bother to size their speculations & spend all their family money (or more) on toto and 4D.
CW,
ReplyDeleteLife is fair.
If unrealised losses are not "real"; then unrealised profits are illusory too.
That's why for those of us what are active (not passive) in the markets, we have core holdings (do nothing part of portfolio), and our rounds 1, 2, 3 trades around our core positions ;)
As retiree, I now fully understand importance and the difference of real and illusion in the market! Never lose back the Real part to Mr Market! Ha ha!
DeleteAs someone near to retirement I am at a cross road wondering if I should reduce my investment in equities. My current stock holdings yield around $67K a year in dividends. If I were to reduce my exposure to equities, I am not sure where else to park the money that can generate an equivalent amount of passive income.
DeleteLuckily at least my wife and I have quite a decent amount in our CPF savings that can generate around $100K per year of passive income when we turn 65, comprising interests from our OA & SA and CPF Life payout. If we delay the CPF Life payout to 70, then we can look forward to $120K per year in passive income from our CPF savings.
As of now, I am still adding to my equities portfolio through my monthly stock purchases. Hoping to bring my dividend income to $72K a year or $6K pm.
Even the STI has finally followed the rest of the world into bearish mood. I believe investors who have a heavy weightage to Singapore market will still do better so far this year than those who have a higher foreign stocks weightage.
ReplyDelete