Who Are CPF Members Who Lost Their Money???

Conventional wisdom on "Start investing early and compounding to millionaire in your investment"

Now, who are the CPF members who lost their money?

Your parents and relatives who are in 60s and 70s and have started investing EARLY when CPFIS kicked in?

Evidence?

Uncle8888's regular lunch and tea-break kakis in their 60s and late 50s.

ALL (No mistake!) ALL are better off keeping their CPF OA instead of investing!

Two of them chopped fingers and never touch the stock market anymore!


Read? Harsh lessons from 1997/98 and 2007/08 stock crisis

Portfolio Return Since 2003 On Long-term investing and short-term trading.

No BS!

Without so-called easy money from active contra trading during the Bull and crash got sound during the Bear. With a slower and steady investing mind; Uncle8888 still strongly believe 5% p.a. cash flow return on portfolio is highly possible over future market cycles.

Stop Not Till the Goal is Reached! (6)

Read? Pokemon Go Trainers vs. Investment Trainers??? (2)


Level : 29

Pokémon : 134 out of 141 or 95% and 7 Pokémon to go!

The More Cash People Have, the Happier They Are

Read? The More Cash People Have, the Happier They Are

By         

Andrew Blackman

         

Sept. 11, 2016 10:03 p.m. ET 
   
Conventional wisdom says you should be investing as much of your excess money as you possibly can. That may be the best path to greater wealth. But it may not be the best path to happiness.

In a previous article we looked at a broad range of research about money and happiness. Some of the main conclusions: Experiences tend to provide more lasting happiness than material goods; giving money away makes people happier than spending it on themselves; and wealthier people do tend to be happier, but only up to a certain point.

More recent research has yielded surprising new insights. One study, for example, shows that when it comes to happiness, a bank balance may be more important than overall wealth. Meanwhile, a separate study suggests that buying material things can make you happier—but only if the things you buy fit your personality.

The Wall Street Journal spoke recently with Joe Gladstone, research associate at the University of Cambridge in the U.K. and co-author of both studies. Here are edited excerpts from that interview.

MR. GLADSTONE: I’ve been working with banks to answer some interesting questions about how and why people make certain financial decisions. A U.K. bank allowed us to survey thousands of its customers about their happiness and then match those responses to transaction data from their accounts.

We wanted to look at the fundamental question: To what extent can money lead to happiness? And does money tied up in a non liquid form provide the same happiness as money that is available to spend?

WSJ: And what did you find?

MR. GLADSTONE: We find a very interesting effect: that the amount of money you have in your bank account right now is a better predictor of happiness than your aggregate wealth.

Having more money in their bank account makes people feel more financially secure, which leads to an increase in happiness.

CW8888: Walau! So true. That is the answer!

In our local investment blogosphere, Uncle8888 may rank near the bottom of table in term of % of his net worth invested .

That makes sense for the poorest 50% in the study, but it’s surprising that it’s still the case for the richest 50%. Even for a very wealthy person who has lots of savings and investments, having more money in their checking account seems to increase their happiness.

It is just a correlational study, so we don’t study the reasons for this. But we can hypothesize that when money is tied up in a pension or investments, it feels more abstract and inaccessible.

Going to the ATM and seeing a large balance available feels more important to people.

WSJ: Why is this research important?

MR. GLADSTONE: It goes against the traditional advice a financial adviser might give someone. Advisers might say all money that isn’t invested in something like equities is wasted—it’s sitting in your account losing value—so the right choice from a purely rational economic point of view is to invest it.

But that is not taking into account human psychology. It isn’t just about maximizing your monetary benefit, but about maximizing your well-being. (CW8888. True!)




WSJ: Should people keep all their money in their checking account?

MR. GLADSTONE: No, there are diminishing returns. Going from £1 to £1,000 (about $1.30 to $1,300) leads to more happiness than going from £1,000 to £10,000, and so on. But people might want to think about building up more current assets.

So many people are living as financial zombies, going from paycheck to paycheck. Yet often they do have some assets. Maybe they own a house or have access to some other asset. If they shifted their approach and built up more of a buffer to make themselves feel more secure, it might be a powerful way to make them feel happier with their lives.

WSJ: Your other research looks at buying decisions and happiness. What do you find in that study?

MR. GLADSTONE: Lots of research out there assumes that a single rule will tell all of us what will make us happy. But people are different, so we wanted to take the research to the next level and look at how different kinds of people can maximize their happiness.

So again we partnered with a major bank in the U.K. We looked at people’s debit-card transactions and matched them against the results of personality and happiness surveys. We found that when people spent money on things that matched their personality, it was strongly predictive of happiness.

WSJ: Isn’t this an obvious link? Doesn’t everyone spend on things that fit their personality?

MR. GLADSTONE: No. If you ask people what would make them happier, they often give a normative response; in other words, what should make them happy. But what we show is that what fits with socially desirable behavior may not be what makes you happy.
Often, our behavior is driven by what other people are doing.

People are not always good at listening to who they are as individuals and behaving in ways that respond to those individual traits.

The next stage of this research will be to look at why some people are better at this than others.

WSJ: How do you measure the link between personality and spending?

MR. GLADSTONE: We use something called the “big five,” which is the five characteristics that make most people different from each other. The simple acronym for this is OCEAN: openness, conscientiousness, extroversion, agreeableness and neuroticism.

We assessed people’s personalities based on that model. But then we had to assign personality scores to the products and things they spent their money on. We did that with a large-scale online survey in which we asked people to rate how well each type of spending matched the different personality types.

But this analysis, like the previous study, only showed a correlation. We also wanted to show a causal link, so we did a separate experiment in which we took people who were highly introverted or highly extroverted and gave them money to spend either in a bar or in a bookshop. Then we asked them for their levels of happiness at multiple points in the process.

We show that when the extroverted people spent money in the bookshop, it had no effect on their happiness, whereas the introverts became happier. And in the bar, the introverts actually became less happy. It is a small-scale study, but it’s quite compelling evidence for a causal link between how well our spending behavior matches our personality and how happy we are.

WSJ: How can people put these results into practice?

MR. GLADSTONE: There are lots of Big Five personality tests freely available online, so you could get to know yourself better and use it to think about your spending. We need to do more research in this area, but our paper provides a starting-point for thinking about this.


Of course, everyone has some constraints on their spending. People have to pay the rent, and we’re not saying that they shouldn’t do things like that because it doesn’t fit their personality. But with the chunk of your money that is discretionary, maybe that can be optimized in a way that reflects who you are as a person and makes you happier as a result.

Mr. Blackman is a writer living on Crete. He can be reached at reports@wsj.com.

It's What I Do, Not What I Say. But .....

Many of us will know it!

It's What I Do, Not What I Say. But .....

When it comes to investment blogosphere ... many will tend to trust the opposite of it.

It's NOT what I do; but what I say it loudly and convincingly. The gift of language and marketing skills!

It's What I Do, Not What I Say. But .....

Evidence?

See how SMOL re-packaged the negatives.

LOL!

Singapore Man of Leisure14 September 2016 at 12:26:00 GMT+8

 

CW,

As snake oil, I'll repackage all the above "negatives" into marketing selling points:

Miss the nostalgia days of the 70s? Come!

Relive those romantic days where you take the air-come bus from Taman Jurong to Changi Point just try the Nasir Lemak. Spend quality time with your love ones on the bus! Time will pass so fast you would complain why distance so short!

Wait! There's more!

We'll throw in a 1/2 hour leisurely walk totally free of charge!

And you won't believe it. If you sign up today, we'll even throw in FREE sunshine!!!

Sweating is good for the body. We detox first; then makan till we drop.

Come! Don't be shy. Come closer to the front.

How many tickets you want Sir?

Unlimited Tavel on MRT & Buses in Singapore and SBS 170 to JB as senior citizen!

Uncle8888 begins his life as senior citizen with his first unlimited travel on MRT & Buses in Singapore/SBS 170 to JB at fixed transportation cost of $60 today!

Good for catching Pokémon too!

Singapore investors have unrealistic income expectations: Schroders survey

Sep 14, 20161:38 PM

SINGAPORE investors are an overly-optimistic lot, with the millennials here particularly more bullish and confident of their investment returns, a survey has found.

The average investor in the city-state expects a 9.2 per cent minimum return on their investments per year, according to the Schroders Global Investor Survey 2016. This is a stark contrast to the average stockmarket yield of only 3.8 per cent.

This over-optimism is more pronounced among millennials, who expect a 9.6 per cent return on their investment per year compared to 8.9 per cent for investors aged 36 and over.
"Singapore investors are overly optimistic about income returns," said Schroders on Wednesday.

CW8888: Illusion impressed upon them by "Gurus" and Trainers, e.g. like this marketing line?

Grant Yourself The Ability To Make 10 – 15 % Returns Annually.



 

Government to review CPF Investment Scheme: DPM Tharman

CW8888: So you think after reading some investment blogs, some investment books, some online investment articles, attending some free investing preview seminars or value investing course; you are on your way to do better than CPF OA 2.5% CAGR?

Who are these CPF members in lesser 20% who manage to beat CPF OA 2.5% CAGR over past 10 years and what it takes for them to outperform?

One of them is definitely not value investor by theory or concept. LOL!

Read? CPF OA is just 2.5% BUT it doesn't mean that you as an retail can easily beat it. Stop believing all those stuff you read in the Cyber world on Compounding Effect



SINGAPORE - The Government will review the Central Provident Fund Investment Scheme (CPFIS), Deputy Prime Minister Tharman Shanmugaratnam said on Tuesday (Sept 13), taking up a recommendation proposed by an advisory panel early last month.

The CPFIS was set up to offer CPF members a way to earn higher returns on their savings but it is "not fit for purpose", Mr Tharman told an audience at the Economic Society of Singapore's annual dinner.

Over the past 10 years, more than 80 per cent of the CPF members who put their savings into an investment product via the CPFIS would have been better off just leaving their money in the Ordinary Account, which earns a guaranteed 2.5 per cent each year, Mr Tharman noted.

Some 45 per cent of those who made use of the CPFIS even made losses over the same period.

In its second and final set of proposals to the Government last month, the CPF Advisory Panel, which had been tasked to recommend ways to improve the CPF system, had mentioned a need for the CPFIS to be reviewed.

And indeed the Ministry of Manpower will do so, Mr Tharman said on Tuesday.

This is in line with one of the priorities the Government will have to focus on to take the CPF system into the future, he said - providing a convenient option for those with more than the basic CPF savings levels to earn higher returns.

Discovering Johore by Bus and Walk! - Pontian Round 3

Read? Discovering Johore by Bus and Walk! - Pontian Round 2


While queuing at Kranji bus stop for Bus 170 to JB, one lone auntie queuing behind us started to chat with Auntie8888 on going to JB for what and ....

No. We are not going to KSL or City Square. We are going to Pontian for seafood lunch.

Lone Auntie : I never go beyond KSL and City Square. Scare! Can I follow you to Pontian for lunch?

Ooo .... Walau! What an unexpected request!

Hmm... okay lah!

But, can you walk far distance?

Can you take 1.5 hrs long bus journey?

Can you take not so cool bus?

May be you can re-experience those old days of Singapore with bus conductor on board with bus ticket. LOL!


The lunch that lone auntie didn't regret ... the bill!

Total bill = RM 123.50

 

(One Red Snapper, half-roasted duck, fried baby sotong, vegetable,

coconut, and rice)

 

 

 

 

 

I Think I AM A "Minimalist" But Not A Great Saver???

Uncle8888 has survived without owning a car and valid driving license while raising up three children.

He loves overseas travelling but he will avoid taking taxi if bus and MRT are available. He opts for BMW (Bus, MRT and Walk) whenever it is possible.

He chooses to stay hotels near MRT, train or bus station but it will cost more!

Since he walks a lots and walks far; but he doesn't opt for cheaper shoes and slippers. To him better quality shoes and slippers matters most!

He loves his lunch and tea breaks with closer colleagues. He treasures relationship.

He is still a minimalist? If no then what?

When is money is enough??? (3)

Read? When is money is enough??? (2)


Talk is easy but in real life facing real discretionary expenditure is not that simple and easy!

Since Uncle8888 is a retiree soon with no earned income; Auntie8888 was thinking not to renew her annual subscription at $1.2K with Amore Fitness at Kovan in Nov 16 to help to reduce household living expenses.

Uncle8888 laughed it off and told her to go ahead and renew.

Nothing will change this fast!

It is quite clear even Auntie8888 is quietly getting worry over future cash flow without an earned income and not easy to trust cash flow from financial assets to be sustainable for the rest of the lifetime.

When is money is enough??? (2)

Read? When is money is enough???


Read?  What Should You Choose: Time or Money?


Just read about this article and the reason is quite clear now!

Time or Money?

His boss has kindly offered Uncle8888 more money i.e. another three more months of salary plus pro-rated bonus; but Uncle8888 has chosen Time over Money.

When is money is enough???

Will more incremental money made us happier when we are quite sure we have enough?

The greatest problem we faced even though we have millions at current value we still don't believe we have enough.

Few colleagues have asked Uncle8888 why didn't he delay his retirement to end of the year since his boss has asked for it and must die die retire at Sep 2016.

Uncle8888 as stubborn Ant will just stick to his plan which has been planned many years back and that goal was repetitively communicated 10 years ago to few close colleagues that they would see him retiring in 10 years time @ 60.

This goal setting and communication of goal is what he has learnt form this book: Think and Grow Rich. That Goal has also motivated him to read up many books on retirement planning, visit cyber space on retirement articles and then do all sort of calculations and simulations to build a sustainable retirement income for life model for himself and implemented it.

Now is the time to put it to actions. This by itself will serve as Real Person, Real Story case study for anyone who bother to build his or her own retirement income model.

Who still say planning no use since we can't control our goal and destination?


BTW, retirement from full-time employment can be voluntary or forced so it far better for us to prepare ourselves for voluntary retirement than to feel sad, frustrated and helpless when we are forced to retire involuntarily.


Better to be Ant than Grasshopper when it comes to retirement planning. Set Goal and plan for it!

No Cut Losses & Multi-baggers For Long Time (3)

Read? No Cut Losses & Multi-baggers For Long Time (2)

Multi-baggers and zero-beggers (dead fish) are born out of bo chap or fearless when we are still right or when we are deadly wrong.

There is no free lunch in the market. The same mindset or investing strategy may  lead to two extreme outcome so we shouldn't  analyze too much. It is far better to concentrate on money management and risk control and be steady over market cycles. At the end of day; we just need a few multi-baggers to anchor our portfolio and will help us to recover from our past and offset future losses to seize opportunities for future multi-baggers.

The Role of Multi-bagger?


No multi-baggers then it is harder to recover from losses! Right?

Less analyzing. More investing - CW8888

SGX

Financial Independence : The Gender Made So Much Difference???

When husband think that he has enough money to support his household living expenses and stay at home even though his spouse is working and earning an income; he can proudly declare he has achieved financial independence!

Clap, clap, clap!

But, when wife doesn't work for an income but stay at home she is called housewife. Did we ever hear someone says that she has achieved financial independence?


Gender makes the difference!

Strange!

Pokemon Go Trainers vs. Investment Trainers??? (2)

Read? Pokemon Go Trainers vs. Investment Trainers???


This guy showed you why he has the right to charge you to level up.

Level 36!

Count Down To Round The Coast Of Singapore Walking Trail Starting in Oct 2016!

 
 
Read? Rebalancing Our Lifetime Of Experiences Among Home, Work, Life and Spiritual???
 
 

 

Createwealth8888 29 November 2015 at 10:18:00 GMT+8

 

Hope to do well on personal wellness and travel locally around Singapore. I plan to walk around the coast of Singapore. It will take months to complete this Round Island walking trail. :-)

 

 

What is not expected is Pokémon Go!

 

With Pokémon Go; it will make this walking trail better.

 

While Uncle8888 walks and catches; will you catch him for kopi/100 Plus on his way?

 

 

 

 

 

 

Pokemon Go Trainers vs. Investment Trainers???

Read? Stop Not Till the Goal is Reached! (5)


Investment trainers can claim and show whatever "Level" they like without any official standard or validation; but not for Pokémon Go Trainers as trainers' Level is clearly shown upfront when their mobile phones are flashed to interested eyes.

Pokémon Go trainers can't go around fooling people on their prowess of catching.

Do We Ask Monk or Priest For Sex Advice???

But, in investing .... Some didn't do the obvious?

Encountering At Least One Major Economic or Market Crisis Is Good For Our Future Prospectives!!! (Time for a re-fresh)

Read? Encountering At Least One Major Economic or Market Crisis Is Good For Our Future Prospective!!!


Food for thought for some wives to unduly pressurize your hubby with such thought?


On Housing Upgrade

For years, he has resisted Auntie8888 from housing upgrade and he chooses to be debt free for the rest of his life without having sleepless nights over future economic and market cycles.



A man is not a man; until there is a house that he may call his castle. A woman is not a woman; until she has a place she may call her home. And neither a man nor a woman can say anything about their house, until they are the masters of it, and own it outright and unencumbered. - Albert Yang

Read more? Home for Living and not for profit taking

Why Pursue Financial Freedom? (5)

Read? Why Pursue Financial Freedom? (4)

To think of it. It is all about pursuing options on we are going to spend more our time, energy and effort in the future:

(1) Earning more - i.e. monetizing them as work or job. It doesn't matter whether we love or dislike it. We are still expected to deliver performance within certain expectation and standard. We are cannot suka suke as we are being paid!

(2) Saving more - Spending some time and effort on how to save more e.g. hunting for bargains and discount; preparing and packing lunches to office

(3) Caring more - Spending more time with family and the beloved ones especially those single income household. It is about all financial sacrifice by either husband or wife. Househusband is becoming common nowadays since Man can cook!

(4) More past time - Pursing more leisure, hobbies, volunteering part-time or doing charitable works and more.

SRS : You open. I open

Uncle8888 was talking to one woman and realized she too has SRS account. She has contributed once; but she doesn't need to pay any income tax as her three Child Tax Relief has completely offset any income tax payable and still have balance to offset many more years of future income tax payable.

Hmm... Uncle8888 was puzzled and asked why you open SRS?

You open. I open. Follow the crowd?

Some folks better know why you need SRS and for what purpose

Bigger House or Bigger CPF OA or Bigger Losses in CPFIS???

Uncle8888 knows from folks around him i.e. those who have retired before him and those folks who are going to retire after him.

It is simply down to three scenarios why some can retire comfortably while some cannot or will be struggling :

(1) Bigger House

(2) Bigger CPF OA

(3) Bigger losses in CPFIS (These folks finally learnt it first hand that compounding interests is NOT the same compounding return)

Read? Compounding


 

Bloggers Are Your Kinder And Good Friends???

Recently; Uncle8888 has responded to someone why we think that many bloggers out there in the cyber space are our kinder and good friends.

How can it be?

Open your eyes wide. See properly. Read properly. Think deeply!

Just treat them as daily doses of newspaper reading? No?

Why Pursue Financial Freedom? (4)

Read? Why Pursue Financial Freedom? (3)

 

Timely reminder!

 

Singapore Man of Leisure4 September 2016 at 00:24:00 GMT+8

 

睡到自然醒

 

 

On deeper thought; most of us can still endure our jobs even though we may NOT love or like our jobs; otherwise we should have quit or gone crazy or need medication to control depression some years back.

No. We don't hate our current jobs! We may dislike!

 

Hate? Unlikely it is Hate!

 

Then why many of us like to pursue financial independence?

 

The freedom with more opportunities of doing what we like at our own term without breaking any Laws or hurting our loved ones and also those folks who are around and closest to us.

It is about getting rid of these thing:

 

1. No more morning alarm to wake up for work

 

2. No more calendar alerts for meeting.

 

3. No more meeting deadline for submission of reports

 

4. No more @##$% urgent! Revert by COB today!

 

 

 

The saddest thing when we have plenty of free time but didn't what to do with it. That is the biggest mistake ever made is to retire from an active job!

 

Real Person. True Story.

 

One ex-colleague who on his annual leaves would regularly came back to office to "tidy up" his office desk and documents as he claimed that during normal working days he didn't have the time to do it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stop Not Till the Goal is Reached! (5)

Read? Stop Not Till the Goal is Reached! (4)



Pokémon Go

Never too old to learn from too young!

Uncle8888 was at Punggol Park's Fitness Corner for his regular weekends Power Push exercise.

He saw Ah Boi playing excitedly at Pokémon Go's Gym at the fitness corner and decided to sit beside him while resting for next round of exercise at Pull Up. After sometime, he asked Ah Boi how to join and play in the Gym.

Ah Boi then showed him how to join the gym and then .....

Uncle8888: Use which animal to fight?

Ah Boi: Not animal. It is Pokémon!


-----


Uncle8888: Hit that Fat Man?

Ah Boi: Not Fat Man. It is Snorlax!

Stop Not Till the Goal is Reached! (4)

Read? Stop Not Till the Goal is Reached! (3)

Level : 27

Pokémon : 130 out of 141/145 or 92%/90%

 

 

Retirement not an entitlement

 

 

 

 

Fully agreed with headline title!

 

It is not our government or our employer's job to secure our sustainable income for life!

 

Never!

 

It is we and ourselves to secure our own retirement.

 

We have to get our hand dirty to do it.

 

 

 

At recent corporate event; few of Uncle8888's past colleagues thought that his three children are all working and self-independent so that he can choose to retire @ 60.

 

But, when he told them that only two were working and self-independent and his last son has just started his first year University study this year.  Uncle8888 could see the expression of their face turning into some sign of unbelievable so he has to further explain that his endowment policy matured in March this year and his family doesn't need this sum of money from insurance for survival anymore. This sum of insurance money is re-deployed from family survival to his youngest son's University educational fund.

 

In another word; it is as good as all his three children are financially self-independent and has very little drag on him.

 

Currently; his monthly household expenses tracking and recording exclude his youngest son's personal living and university education expenses. It is tracked separately.

 

Read? Counting The Cost Of University Education at SUTD

 

 

This is real person, real financial and retirement planning journey and story being shared.

 

The Power of Ant!

 

We don't believe in wishing thinking or dreaming!

 

We set goals. We plan and We act according but along the way we are adjusting, reviewing and refining.

 

No shame! Grasshoppers won't get it? Right?

 

At the end of day; we arrive in one piece plus more; and then we sing song and talk Male Chicken with Grasshoppers and celebrate our arrival. 

 

If we are not dead; then we are not late for the party!

 

 

 

One Uncommon Act Of Kindness!

Last Wednesday, Uncle8888 went early to Bedok Mall to survey for Pokemons before proceeding to Singapore Expo for corporate event. After collecting enough data points; he then proceeded to take bus to Singapore Expo (His last day of three months of free bus rides on SBS as SBS shareholder and then it becomes History)

He collected My Paper and Today and then proceeded to the metal bench to sit and read his papers. He placed his mobile phone on the metal bench but it slide down and Crash got sound.

Walau! So Uncle8888 was about to stand up to go behind the metal bench to pick it up.

One young man suddenly appeared just beside Uncle8888 while he was standing up. He heard a voice in Mandarin - "我来 我来!"

The young man quickly went behind the metal bench to pick up the mobile phone and returned it to Uncle8888!

Uncle8888 was stunned by his kindness act to senior citizen!

Is this an uncommon act of kindness?

How many of us have witnessed this type of kindness?

We know many will offer help to person in need and especially the weaker and older ones.

Habitual Monthly Household Expenses Tracking In Order To Know How Much Is Enough To Reach Financial Independence - Aug 2016

What you may not know??? (Refresh)

This colleague was sitting beside Uncle8888 in the meeting room and after reading one of his FB's post he briefly mentioned one trader became rich by trading binary options and showing off his Ferrari!

Uncle8888 heard it and told him not to trust all these unaudited statement or claims. He also shared with him on his real encounter and face-to-face with one of our local "Gurus" and the other one till his grave also no answer to simple "Yes" or "No" question.


Tuesday, 4 September 2012

Read? What you may not know???


We can be easily inspired by these success stories and evidence of wealth but often these are unaudited statements.

When we think we are Nails; we start looking at Hammer for inspiration and guidance.

Beware!

Stop Not Till the Goal is Reached! (3)

Read? Stop Not Till the Goal is Reached! (2)

Not much different in playing Game like Pokémon.

No goal. No aim. No plan.

We are likely end up or quit as an Average.

Read? When Ant Plays Pokemon Go (2)

Level : 26

Pokémon : 123 out of 141/145 or 87%/85%

I Can So You Can!!!

Read? You are not a hammer

Sometime when we read very inspiring investment blog posts and the bloggers claimed that "I can so you can!"

So inspiring!

So who are we?

Hammer?

or

Nails

Good Part -Time Business To Own (5)

Read? Good Part -Time Business To Own (4)

Next month, Sep 2016 will be the last month that Uncle will be monetizing his time, energy and effort as full-time employee earning salary.

He will move from owning part-time business to full-time.

It is business of minding his own business with no suppliers, no customers, no staff, no peers and NO bosses setting KPIs for him.

Now, he sets his own KPIs based on 3Ms - Method, Mind and Money Management. It is something that he has done before over the last 16 years;  more or less he has made it autonomous. It doesn't matter whether he meets his KPIs or not as there is no penalty or performance appraisal by bosses.

He is his own boss!

Earn more. Spend a little more!

Earn less. Spend lesser!

In investing, once our Mind is seasoned and salty and we are ready at all time mentally and financially to write it off.

It is less stressful as knowing that we just need a few good ones to overcome many sour ones.

Once we know ourselves we can choose to ignore whatever investing theories or concepts that are advocated by others. When we know we are not Nail; why are we looking for Hammers for inspiration and guidance.

So it is important that we know ourselves and our track records will rightfully point to the way forward how we should be minding our own business.

When Ant Plays Pokemon Go (2)

Read? When Ant Plays Pokemon Go


Finally, Uncle8888 understood the true meaning of "Passive" Income when he is more concerned where to find those missing Pokémon than where to find the next few income stocks and also Auntie8888 doesn't seen to have concerns whether next few month got enough money in "ATM" (Drawer) to buy vegetables.

Come, come , come.

Non-believers.

Any new pokes to say?

When Ant Plays Pokemon Go

Read? Great and Ultra Balls in Pokemon and War Chest in Long-term Investing


Got Goal. Got Target. Got Plan!

Level: 24+

Pokémon Caught: 105

Planning to be evolved: 5

Great and Ultra Balls in Pokemon and War Chest in Long-term Investing

How different between Great and Ultra Balls in Pokemon and War Chest in Long-term Investing?


In Singapore's No 1 Hot Spot at 401, when  high CP Gyarados rarely and suddenly appeared, many Pokémon trainers were shaking their head as they didn't have any Balls to hit!

Uncle8888 is typical kiasu and kaisi retail investor and same same as old man Pokémon trainer.

See for yourself!

 

 

Pokemon Go (11)

Read? Pokemon Go (10)

Before Uncle8888's retirement in Sep 2016 ...

 

 

 

Hopefully after his retirement in Sep 2016 ....

 

 

 

 

 

Caught Wild Gyarados

 

 

 

 

 

See for yourself

 

What we see at Blk 401 is mild hor.

 

 

In Taipei