How Much Is Enough???

When one lives in a poor neighborhood it is easier to feel richer when one have some extra money.

No?

Read? $10,000 pay day per month???


After knowing the median household income is S$7,870, if we are not too greedy, $60K passive income @ 2-3% inflation rate should be enough for us to live reasonably well in Singapore.

No?



 Choose wealth and then more choices become available somehow. e.g. freedom from works; freedom from time schedules, freedom from rushing and hurrying, freedom from checking time, ... LOL!
 

COSCO Singapore issues profit warning as drop in oil prices hurts offshore industry

SINGAPORE: The Singapore-listed COSCO Corporation (Singapore) said on Friday (Jan 9) that its 2014 profits will be "significantly lower" than a year ago as the plunge in oil prices has affected the global offshore and marine industry.

COSCO, a Chinese ship-building and marine engineering firm, said its COSCO Nantong unit will discontinue building the hull and the topside module for a vessel called an Octabuoy - a move that will result in a one-off charge of around S$90 million. This is because COSCO Nantong has not been able to find a new buyer for the vessel, which had been ordered by a customer that is now insolvent.

"The steep fall in crude oil prices over recent months has had an adverse impact on the global offshore marine industry. This has made it even more difficult to secure a buyer for the Octabuoy as industry players have cut back even further on new orders," COSCO said in a statement.

Crude oil prices have fallen by more than half to around US$50 (S$62) a barrel, sparking fears that firms involved in offshore exploration and production could delay or even cancel orders for rigs and other equipment. Singapore is the world's biggest maker of jack-up oil rigs, and its marine and offshore industry generates over S$10 billion a year in output.

COSCO said it will report full-year earnings on Feb 16.

- CNA/ac

Happiness and Money???

Happiness and Money?


Don't debate. No ending!


Often Run Out Of Money Will Cause Unhappiness?




As a primary school kid, Uncle8888 already knew it so well!
 

Want to be poor?

Never! 

100% dislike!


Do you choose wealth?

Yes!

Choose wealth to avoid unhappiness is actually the right answer.

 

Me? Super under-Achiever!!!

Keep reading blog posts on one can achieve X% CAGR over XX year to build investment wealth.


Some even said 5% CAGR over XX years is a conservative growth number to achieve.


Look at Uncle8888's last few years performance. He is not going anywhere! 

He can't even achieve the conservative 5% CAGR growth.

Sianz!

Sibei sianz!

Conservative 5% Stock Yield Possible???

Yes!!!

99%!!!

Close one eye also can!



How about conservative 5% CAGR over the next 20 years?

Still possible?


Why compounding interest is 8th Wonder of the World?


Wonder is never something that is easy to achieve. 


No?


How about conservative 4% CAGR over the next 20 years?

Think CPF SA?



 

Temporary losses never mind; Do you still don't mind when it is measured in terms of years???

Temporary but just that it is in the unit of Years!

We still never mind?

Keppel Singmarine secures contracts worth over S$65 million

Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million.

The first contract was awarded by Seaways International Pte. Ltd. (Seaways) to build a multi-task Anchor Handling Tug (AHT) vessel suitable for an array of offshore activities. Designed by Robert Allan and belonging to the Rampage Series, the AHT vessel will have a designed bollard pull of 100 tonnes, and be equipped with Class 1 and 2 fire-fighting capabilities, dynamic positioning systems Class 2, oil recovery Class I capabilities and a host of other equipment. When completed in 2Q 2016, this vessel will be the fifth AHT unit that Keppel Singmarine has built for Seaways.

Separately, Keppel Singmarine was awarded a contract by Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard in Qatar between Qatar's premier gas shipper Nakilat and Keppel O&M, to provide technical services for the construction of a liftboat. The technical services include detail and production engineering, technical and commissioning support and procurement support.

This is the first time that Keppel Singmarine will be providing technology solutions for a liftboat, adding to the wide spectrum of specialised vessel projects that Keppel Singmarine can undertake. The liftboat is designed by Bennett Offshore, a naval architecture and marine engineering arm of Keppel O&M, in collaboration with N-KOM.

Mr Abu Bakar Mohd Nor, Managing Director of Keppel Singmarine, said, "We are happy that Seaways has chosen to partner Keppel again in growing their AHT fleet. At Keppel, we strive to build long term relationships with our partners so that we can know and anticipate their needs. At the same time, by taking on new projects such as the liftboat, we continuously expand our suite of technology solutions so as to better meet the demands of the specialised shipbuilding market."

The above contracts are not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

- End -

Jesse Livermore's Golden Money Management Rules

Keep cash in reserve.  

Livermore says you should resist the temptation to be in the market all the time.  Again, patience is a virtue and waiting for the right opportunity is better than being foolishly invested.  There are times when you should be 100% in cash.


Park 50% of your profits from a successful trade, especially where you doubled your original capital. Put it in the bank, hold it in reserve.”  
 
 
This, in fact, is the rule Livermore regretted not paying enough attention to. He went broke a number of times from not following his rules.


Good time for Uncle8888 to remind himself again!



Compounding investment gains year on year is what many retail investors like to think. Up, up, up and away!


No. We must pay more attention to Jesse Livermore's Golden Money Management Rules which he himself regretted not paying enough attention to them.


The Truth is Mr. Market can give; but can also easily take it back without giving us any advance notice. By the time, we realize it it is often too little late!

 More cash is rotting?

 

High Noon on the Gulf Coast: Canada, Saudi oil set for showdown

NEW YORK - As a test of wills between OPEC nations and U.S. shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for America's Gulf Coast refinery market threatens to drive prices even lower.

While the stand-off between the oil cartel and U.S. producers of light, sweet shale oil has captured the limelight in recent months, the clash over heavier grades - playing out in the shadowy, opaque physical market - may put even more pressure on global prices that have halved since mid-2014.

Two factors will come into play over the next few weeks: From the North, new oil pipelines will pump record volumes of Canadian crude to the southern refineries, many better equipped to process heavy crudes than lighter shale oil.

From the Middle East, top exporter Saudi Arabia is offering crude at discounted prices in an attempt to defend its remaining share of the important regional market, which has shrunk by more than half in recent months.

"So far, the Gulf Coast has suffered from an oversupply of light oil, but now there's competition for heavier crude," said Sandy Fielden at RBN Energy. With the Saudis already facing fierce competition for their light grades, the arrival of Canadian crude "could add insult to injury", he said.

On Monday, Saudi Aramco stepped up its counteroffensive, cutting its monthly U.S.-bound price for Arab Medium for a sixth straight month, putting it at the deepest discount against the regional sour crude benchmark since December 2013. .

The timing of this clash may magnify its market impact as Houston-area oil refiners shut down for maintenance in early spring, further reducing their demand by an estimated 1 million barrels a day (bpd).

"We'll see that overhang into the summer, at least," said one physical crude trader.

That will put further pressure on U.S. prices and may spur investors in New York and London to extend a sell off in crude futures.


The looming clash of barrels comes at a time when oil markets already face a global glut expected to last for a year or longer.

Large volumes of foreign heavy oil reaching the Gulf Coast will give many U.S. refiners more choice after they have upgraded their systems to process cheaper, heavier crudes. The new supply also marks a breakthrough in Canada's years-long effort to bring its growing Alberta oil sands crude output to new markets.

Enbridge Inc's 600,000 bpd Flanagan South pipeline, which runs from Illinois down to the Cushing, Oklahoma, oil hub began commercial service on Dec. 1; Enterprise Product Partner announced that its 450,000 bpd Seaway Twin pipeline from Oklahoma to Freeport, Texas, shipped its first volumes on Dec. 21.

That promises another quantum leap for Canadian crude after its U.S. Gulf Coast sales already hit a record 274,000 bpd in October, nearly three times as much as a year earlier, according to U.S. data.

The new flows will compete with other crudes as well. Some refiners see Saudi's medium crude as a more direct substitute for Mexican and Venezuelan crudes.

However, some refiners are likely to blend oil sands crude with overabundant super-light U.S. condensate, creating medium blends that may rival Saudi Arabia's main grade, said Citi global commodities strategist Ed Morse. He warns the clash could set up another tumble in global prices.

The growing pressure on the Gulf market is already showing up in pricing and inventories.
Mars Sour, a domestic grade similar to Arab Medium, has fallen to a discount of $1.90 a barrel compared with U.S. crude futures after trading at a premium over 45 cents two months ago.

Crude oil inventories in the U.S. Gulf have risen to nearly 200 million barrels, a record high for late December and up some 15 percent from a year earlier.

The build-up comes as Saudi Arabia shifts its focus to fiercely defend what remains of its market in the United States - the world's largest consumer of oil.

Until recently, it seemed to be holding its own in part thanks to a major expansion of its joint-venture Motiva Enterprises refinery.

Saudi crude sales to the U.S. Gulf rose by a third to a record high of nearly 1 million bpd in the two years to 2012, a period where gushing shale production had begun to displace foreign suppliers.

But this year it has begun to lose ground, with shipments tumbling to 461,000 bpd in October, data from the U.S. Energy Information Administration showed.

Ironically enough, the decline was driven partly by a one-third cut in imports by Motiva, jointly owned by Saudi Aramco and Royal Dutch Shell.

Other customers have also turned away. Valero Energy Corp's cut imports by 85 percent in the first 10 months of 2014, with Saudi purchases falling to just 35,000 bpd, according to EIA data. Marathon Petroleum Co cut Gulf Coast imports to 33,000 bpd in October from 205,000 bpd 10 months earlier.

While most Saudi customers agree on annual contracts with little room to reduce purchases, the Kingdom's state oil firm knows it needs attractive prices to retain long-term buyers.

"As refiners look at Canadian crude availability long term, they'll be thinking about ways to give themselves more options" said Richard Mallinson, an analyst at Energy Aspects in London. REUTERS

Buffett and Gates agree on this key to success

Reem Nasr

 

 

  It may not be what you jack-of-all-trades want to hear but according to Warren Buffett and Bill Gates, focus is the most important factor to success.


Both men agree that relentlessly focusing on one specific passion or problem leads to achievement. And that means pushing aside other ideas and interests until a goal is reached, according to TIME. 

Buffett biographer Alice Schroeder writes, "He ruled out paying attention to almost anything but business—art, literature, science, travel, architecture—so that he could focus on his passion." 

 

Steve Jobs knew this too. He took Apple from a company with hundreds of products to one with a simple 10 products when he returned to the company in 1998. 

But focus alone is not enough. Putting in the time to commit to something is also crucial to achieving success. 

In the past Buffett has said that, "successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: you can't produce a baby in one month by getting nine women pregnant."

 

 

Top Up CPF SA From CPF OA? Depending On Who You Ask!

Just For Thinking ...



Depending on who you ask for financial opinion or investment idea. 

You will likely to get the answer or response based on that person's experience or encounter for that question.


When you asked Uncle8888 ...


Top up CPF SA from CPF OA?


Yes. But, he only did once and never again. 


How come?


For an example, when we transfer $100K from our CPF OA to CPF SA, we indirectly will "lose" $35K as War Chest in our CPF Investment Account.

The fact, we may be trading off potential P/L on this $35K War Chest for fixed 1.5% CAGR in our CPF SA year on year till the next market crash to deploy our war chest.


So it is really about “A bird in the hand is worth waiting for many more birds in the bush”?



Read? Powerful Compounding Machine At Work???




Do we strongly believe there will be market crashes or Great Stocks Sales in the stock market?

Is 2.5% return in our CPF OA more than enough to cure our itchy backside to wait for once or twice in our lifetime great opportunity for many more birds in the bush by taking some risks?


Think about it?



You may want to see for yourself how many 1.5% CAGR birds in the bush he has caught in the past Great Stocks Sales?

Oil Below $60 Tests U.S. Drive for Energy Independence

By Asjylyn Loder


Oil’s biggest bust since the global recession was good for a few cases of whiplash.

Just two months ago, Continental Resources Inc., the shale driller founded by billionaire Harold Hamm, budgeted for $80-a-barrel oil and planned to spend $4.6 billion in 2015. Six weeks later, with crude down 29 percent in the interim, Continental cut its 2015 budget to $2.7 billion. 

Halliburton Co., the world’s biggest provider of fracking services to oil companies, announced Dec. 11 that it would dismiss 1,000 workers. Two months earlier, Chairman and Chief Executive Officer Dave Lesar said “our sector will be fine” if oil prices range between $80 and $100 a barrel.

 

The U.S. shale boom that’s brought the country closer to energy self-sufficiency than at any time since the 1980s will be challenged in 2015 as never before. The benchmark U.S. crude price has fallen below $60, demand growth is weakening and OPEC, which controls 40 percent of supply, is unwilling to cut output.

“The extent and rapidity of the price decline has been a surprise,” said Andy Lipow, president of Lipow Oil Associates LLC, an energy consultant in Houston. “They’re facing a new reality.”

West Texas Intermediate reached a 2014 peak of $107.73 in June before dropping to $51.68 in electronic trading on the New York Mercantile Exchange at 10:38 a.m. London time. That’s below the break-even price for 37 of 38 U.S. shale oilfields, according to Bloomberg New Energy Finance. 

RBC Capital Markets and CIBC World Markets predict prices will remain below $60 for the first three months of 2015. Societe Generale SA’s Michael Wittner forecasts an average of $64.50 in the first quarter and $61.50 in the second.

Shale Drillers 

 

Some of the largest U.S. shale drillers, such as Irving, Texas-based Pioneer Natural Resources Co., Continental and Chesapeake Energy Corp., both based in Oklahoma City, have been spending money faster than they make it, borrowing to pay for their expansion, according financial statements filed with the U.S. Securities and Exchange Commission.

Current oil prices are “not a sustainable long-term trend,” said Warren Henry, a spokesman for Continental. Halliburton is well positioned to handle any market environment, said Emily Mir, a company spokeswoman. Gordon Pennoyer, a spokesman for Chesapeake, declined to comment. Representatives from Pioneer didn’t return e-mails and phone calls seeking comment.

In 2014, U.S. oil output increased by 1 million barrels a day for the third consecutive year, pushing production to the highest in more than three decades, according to the U.S. Energy Information Administration.

Budget Cuts 

 

Fatih Birol, chief economist of the International Energy Agency in Paris, said Dec. 22 that investment will decline in the U.S. in 2015. The 76 drillers in the Bloomberg Intelligence North America E&P Valuation Peers Index spent $184.9 billion in the 12 months through Sept. 30, according to data compiled by Bloomberg. Continental, ConocoPhillips and Houston-based Apache Corp. are among the companies that have announced budget cuts.

The slump may push Texas into a “painful regional recession,” Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York, wrote in a Dec. 18 report.

Texas pumps 37 percent of U.S. oil output, EIA data show. The oil and gas industry accounts for 11 percent of the state’s economy, according to Feroli. The effects may extend to housing and other businesses, he wrote.

The U.S. isn’t the only place suffering whiplash. OPEC members excluding Iran are facing the lowest export revenue in a decade. The EIA estimates OPEC will take in $446 billion this year from overseas crude shipments, from $703 billion in 2014.

More Barrels 

 

OPEC has refused to cut output to boost prices, choosing to defend market share as the shale boom reduces U.S. imports and leaves more barrels seeking alternative destinations.

Prices will rebound, Saudi Arabian Oil Minister Ali Al-Naimi said Dec. 21 in Abu Dhabi. Suppliers from outside OPEC should cut “irresponsible” output, United Arab Emirates Energy Minister Suhail Al Mazrouei said at the same event.

The economy of Russia, the second-largest crude exporter, may contract about 4 percent in 2015 if oil stays at $60, according to Finance Minister Anton Siluanov. Oil and natural gas accounted for 68 percent of Russia’s export revenue in 2013, according to the EIA. Russia’s ruble dropped to a record low, echoing weakness in the currencies of other energy producers from Norway to Canada and Mexico.

Heating Oil 

 

The collapse in oil has also reduced costs for consumers. U.S. drivers are paying the lowest average gasoline prices since 2009 and buying the cheapest heating oil in five years. Goldman Sachs Group Inc. analysts said last month that cheaper U.S. gasoline will boost economic growth by 0.5 percentage points this year.

“The benefit to consumers is a lot bigger than the hit to oil producers,” Mark Zandi, chief economist for Moody’s Analytics Inc. in West Chester, Pennsylvania, said in Dec. 23 interview. “If we stay at $60 a barrel, consumers will save $150 billion on gasoline. It’s huge. If history is any guide, the bulk of that money will be spent and will drive economic growth.”

DBS

Discover the five most sought-after employers in Singapore

Singapore Business Review


Reputation trumps salary in the dream job race.

Candidates value company reputation over benefits and incentives when it comes to Singapore’s top employers. A survey by JobStreet revealed that multinationals and home-grown conglomerates are the country’s most sought-after employers.

Singaporeans’ dream employer is search-engine giant 

Google. Multinational oil and gas firm 

Shell came in second, while flag carrier 

Singapore Airlines took the third spot. 

Exxon Mobil and 

Keppel Corporation claimed fourth and fifth spots respectively

Company reputation superseded salary as the prime reason why candidates want to work for these companies.

Benefits and incentives were chosen as candidates’ second consideration.

Salary was placed third followed by learning/training and development which was identified as the fourth preference. 

Claiming the fifth position was internal promotion prospects and career growth, which was identified as important for candidates to stay and grow in a company. 

Keppel draws 2020 road map

CEOs of listed companies are NOT Grasshoppers!!!

Will any Grasshopper investors put their money where their mouth is by investing in CEOs who are Grasshoppers?

No plans. No Goals. No Prospect!

We just dance in rain and chill in the Sun. 

You investors come and put your money with us.

2015 Goal Setting???

Who are you?



Grasshopper or Ant?



Be very honest and truthful to yourself!
 


You are Grasshopper?


Don't bother with Goal Setting in 2015!


It won't work for Grasshoppers.


Don't waste time. Go and dance in the Sun!
 
 
 
 

Home for Living and not for profit taking (11)

Read? Home for Living and not for profit taking (10)


To get a shorter HDB housing loan or get the max?

To pay up periodic lump sum and become debt free earlier?


These are simple answer to these difficult questions.



How you feel towards your house?


a) This is my or our Home where I or We would rather die in it

 or

b) Just another financial asset to be monetized when necessary.



This is all about your own feeling but more importantly how both of you as married couple feel  when you first bought your house or home!


What is Home?


You may have the answer now!

No answer. Check with your spouse?
 

Early Retire is NOT necessary Financial Independence???

SGX?


This is the place where she works. 

SGX is the only place where Uncle8888 is trying to make more money to accelerate his wealth building to become financial independence.


 So Uncle8888 opened his eyes wide to read slowly ... but, many times he would just do quick scan as nothing new or fantastic to read slowly.

Walau!

Learn something new this morning!

Early Retire is NOT necessary Financial Independence!

Do you know what is Uncle8888 thinking in his mind?

Two things in mind!

1) ????

2) ????


What do you think?

Is Long-term Investing fun???

Uncle8888's last 15 years in the stock market practising long-term investing. 

Fun or Funny?

Return My CPF? Not For Me!!!

Uncle8888's Wealth's Formula:

Wealth = Asset Value + Cash Flow

Where Sustainable Cash Flow = Tap 1 + Tap 2 + Tap 3
and volatile market pricing of Asset Value becoming less significant.



Every year on 3rd Jan, Uncle8888 smiles at his CPF statement!


Non-market volatile pricing assets with good cash flow of $XX,XX at super low risk.


Why return my CPF?


Unless we think PAP is out on the next election.

Tracking Annual Living Expenses and Doing Annual Budgetting Exercise???

Tracking our living expenses and doing our annual budgeting is NOT all about controlling our living expenses to save more and more. 

No?

It can be used to avoid under-spending.



We only live once!

"When we are in heaven, our money will still be in the bank."

"We don't seem to have enough money to spend; but, when we are gone; there's still lots of money not spent.

DBS: Two Tales but One Common Emotion???

Read? Potential of gains in DBS


Read? Return My CPF. DBS 188% Total Return over 6 Years! Round 18: Sold @ $20.31


Two Tales but One Common Emotion!


Fear of Losing?


1. Fear of losing more.

2. Fear of losing back.

How different?

Spending 15 Years in Singapore Stock Market!!!

Uncle8888's 15 years in Singapore Stock Market from 1 Jan 2000 to 31 Dec 2014


1. Size of Investing Capital



No change. Nothing change. Not a single cent is added into his investing capital since 1 Jan 2000.



In investing; your account size really matters!

Sianz!



This is what happened when he juggles five balls as single income household. He can only play what he could afford to lose in the stock market. 

It is far better to regret not making more than to feel so sorry of losing his pants.

2. Win, Lose or Draw

3. Erratic Investing Performance over the last 15 years

4. Human Asset vs. Financial Asset


His human asset still generates greater return; but his human asset has limited lifespan to generate earned income and one day, his financial assets will have to takeover.

Straits Times Index's report card for 2014

SINGAPORE: It has been a volatile year for the Straits Times Index (STI), but Singapore shares managed to show some resilience, closing at 3,365.15 on Wednesday (Dec 31). This works out to a gain of more than 6 per cent for the year as a whole.

Among the STI-constituent stocks, the top performing counter was commodity supplier Olam, which gained 33.2 per cent. The other counters within the top five were ComfortDelGro (up 29.35 per cent), Thai Beverage (up 27.78 per cent), DBS Group (up 20.47 per cent) and Jardine C&C (up 18.5 per cent). 

At the other end of the scale were offshore marine players such as Keppel and Sembcorp Industries, and casino operator Genting Singapore. The bottom five counters were SIA Engineering (down 15.76 per cent), Sembcorp Industries (down 18.64 per cent), Keppel Corp (down 20.91 per cent), Sembcorp Marine (down 26.38 per cent) and Genting Singapore (down 27.76 per cent). 

Among some of the widely-held stocks, SingTel rose by 6.56 per cent. Banking counters also pulled ahead - both DBS and UOB were among the top 10 gainers in the STI for the year, with DBS up 20.47 per cent and UOB up 15.76 per cent.

- CNA/xy

Keppel secures contract to perform second FLNG vessel conversion for Golar

Further to its earlier disclosure on 5 September 2014, Keppel Shipyard Limited (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is pleased to announce that it has secured a firm contract from Golar Gimi Corporation (Golar Gimi), a subsidiary of Golar LNG Limited (Golar LNG), to perform the conversion of a second Moss Liquefied Natural Gas (LNG) carrier, the GIMI, into a Floating Liquefaction Vessel (FLNGV). The contract, which has become effective, is worth approximately US$705 million.  (CW8888: Note that it is US30 less than Golar Hilli @ US$735)

Mr Michael Chia, Managing Director (Marine & Technology), Keppel O&M, said, "We are happy that Golar LNG is proceeding with their second FLNGV conversion, and would like to thank them for once again entrusting Keppel Shipyard as their lead contractor of choice. This second contract comes just six months after the first contract, and we are encouraged by this positive development. We, together with Golar LNG and our partner Black & Veatch, are confident that FLNGV conversion solutions are indeed the answer to a need to bring small and mid-scale Liquefied Natural Gas (LNG) supplies to market in a more timely and cost-efficient manner."

The conversion award of the GIMI marks the exercise of the first of two options, which were part of an earlier firm contract awarded by Golar to Keppel Shipyard for the conversion of another Moss LNG carrier, the HILLI, into an FLNGV.

The work scope for Keppel Shipyard in converting the GIMI is similar to that for the HILLI. Keppel Shipyard will provide the design, detailed engineering and procurement of the marine systems and all of the conversion-related construction services. Keppel Shipyard will once again engage Black & Veatch, its trusted partner for the conversion of the HILLI, to provide design, procurement and commissioning support services for the topsides, as well as the liquefaction process utilising its established PRICO® technology.

Full construction activities of the GIMI will only commence when Keppel Shipyard receives a notice to proceed, expected to be issued no later than November 2015. In the meantime, orders for long-lead primary equipment such as gas turbines and cold boxes will be placed. The Golar Gimi FLNGV is expected to be delivered around 33 months after receipt of the notice to proceed.

The above is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation, the parent company of Keppel O&M, for the current financial year.


CW8888's Estimated Order Book

- End -

Full Year 2014 Investment Performance Report

 Read? Q3 2014 Investment Performance Report


A Goal-based Approach Investing Strategy

Uncle8888 has adopted a Goal-based Approach investing strategy by setting for himself a 10-year progressive Goal Targets to be achieved for each year from 2012 to 2021.

Our investing journey is not Horse Race or Rat Race where we compete against others. 

No! It is our investment Marathon Race where we set our own pace and compete against ourselves to win our own race.
 


Year 3: Full Year 2014 Result for Tap No 3 (Cash Flow from Investment Portfolio)
 

Achieved 26.1% against 25% of 2021 Goal Targets.

 Investment Portfolio XIRR

Track, Measure and Visualize!

Without doing it; how to revise investing strategies and to improve year-on-year investing performance?


Investment Portfolio's XIRR includes all investable cash plus the current stocks value at market closing price as on 31 Dec 2014.


Since one year ago: -3.8%
Since 1 Nov 2008: +2.7%
Since 1 Jan 2003: +9.2%
Since 1 Jan 2000: +8.5%


 

The reality of riding market cycles of Bull and Bear
 

This reality cannot be anyhow extrapolated in any form of theoretical knowledge including the most popular form of compounding interests - the Eight Wonder of the World.

No. You can't!




Embracing Three Taps Solutions to Retirement Income For Life Model

Uncle8888's Wealth's Formula:

Wealth = Asset Value + Cash Flow

Where Sustainable Cash Flow = Tap 1 + Tap 2 + Tap 3

and volatile market pricing of Asset Value becoming less significant.



Since Tap No 3 is enough to supply the liquidity needs; Tap No 1 will remain shut.

 

First Flat, First Home, Lasting Memories

Read? First Flat, First Home, Lasting Memories

Read? Seniors at successful ageing discussion say they prefer to age in place

Wishing You A Very Happy New Year in 2015!

How to set 2015 Investing Goals and can still win???

Follow me?

In the volatile stock market, one year goal is a short-term and not so easy to meet. But, a longer term goals e.g. a 10-year Goals is likely to be easier. When we don't meet this year goal; we can console ourselves that next year we will meet it.

You can see it for yourself. How Uncle8888 cheat his yearly Goal? 

LOL!



Year 3 Goal: Achieved 26.1% vs Target 25%

Year 2 Goal: Miss. Never mind.The night is still young!

Year 1 Goal: Miss. Never mind.The night is still young!