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

Wednesday, 21 September 2022

Diminishing Bear Market Impact To My Portfolio As Retiree (Year 7)

Read? After Point X.....

Uncle8888 finally realized this - with each passing year as retiree who cashed out 100% of dividends received and any realized capital gains to fund household expenses; there will be diminishing bear market impact to his portfolio! No BS!

1. 100% of dividends received and any realized capital gains.

2. Just recycle any recovered investment costs into his War Chest to fight the next pull back, correctio or market crash to calibrate investment income.

A few more years; it will become freehold investment income for life! Best in Singapore SGX! LOL!





7 comments:

  1. Bear proof & beary safe! šŸ¤£šŸ‘

    ReplyDelete
  2. Well done CW!

    So far this year was a disaster for cryptos and US stocks investors. But the Surprisingly Tough Index (STI) is quite resilient. And companies were "generous" to dish out dividends to make up for the last two years.

    I have collected $73,000 in dividends so far (Jan to Sep) and I also managed to up my rental from $3,150 to $3,500 pm. My neighbour even better, he upped his asking rental to $4,800 pm for same size unit.

    Also bought my first T-bill via internet banking, last week at 3.32% yield for a $50,000 quantum.

    CPF savings hit $1.8M this month also. Will continue to press on with my CPF savings to chase the 2M target by 2024. This is despite FDs paying higher interests than OA interests.

    The US Fed keeps raising interest rates. Interesting times ahead.

    ReplyDelete
    Replies
    1. I am seeing more unfamiliar faces taking lifts at my block. More rental incomes for folks

      Delete
  3. wow dont know how come u all got so much cash haha

    ReplyDelete
    Replies
    1. Due to big ball drop from 2008/2009GFC Bear and started accumulating dividends into war chest as too scare to step back into market by reinvesting dividends and capital gains during recovery and only managed to deploy war chest during COVID 19 in 2020 but this bear mkt not long enough to exhaust war chest. Bo pian so still have cash in war chest. Next Bear hoot again!

      Delete
  4. Maybe because at this old age to maintain health, can only spend money on one to one plus half meal per day.
    And have to exercise like never b4 in life.

    Yet still have to battle the "Battle of The Bulge".

    ReplyDelete

Related Posts with Thumbnails