Hey! Are you good at stocks? (2) Good to Refresh

Thursday, 23 December 2010

Read? Hey! Are you good at stocks? (2)


Trust but Verify - SMOL


Ownself checks ownself. OK?


Getting an education in University of Stock Market is like this:

Successfully completed one cycle of 

a) Bull-Bear-Bull

or 

b) Bear-Bull-Bear 

Awarded BSM (Bachelor in Stock Market)


Made tons of money - 1st Class Hons with Distinctions


Successfully completed two cycles of 

a) Bull-Bear-Bull 

or 

b) Bear-Bull-Bear


Awarded MSM (Masters in Stock Market)


Successfully completed three cycles of 

a) Bull-Bear-Bull 

or 

b) Bear-Bull-Bear

Awarded Ph.DSM (Ph.D in Stock Market)


Have you graduated from the University of Stock Market?

The Three Matters On Personal Finance: Saving, Insurance, and Investment!!! (3)

Read? The Three Matters On Personal Finance: Saving, Insurance, and Investment!!! (2)


We will know we have arrived at high level of competency on personal finance and investment when we are able to build up our own self-insured fund in addition to our existing medical insurance coverage to replace those expensive premiums in our 60s and above. 

Once above 60; the premium is just too costly to transfer those risks to insurance companies. So, can we underwrite those risks on our own terms since many of us are aiming to be competent retail investors? Can right?


Younger ones while you work on your investment portfolio to reach your Financial Independence stage; you may want to think about self-insured funding in your 60s too.

Read?  Articles Relating To Insurance

How to invest in Blue Chips and make money? (2) - Good to Refresh

Saturday, 14 December 2013

Read? How to invest in Blue Chips and make money? (2)

Wednesday, 26 February 2014

Read? Learn from late Uncle Chua???


CreateWealth8888  27 February 2014 at 08:27:00 GMT+8

When to start buying?

One grand old uncle (80+) told me this. The same old uncle who held APB for XX years and lost count of how much money he has made.

When you see both ST and Zaobao showing at the same time large graphical of global market crashes at the front page.

This is the time to start buying slowly.

Ah Peh, you chun bo?


LOL!

ReplyDelete

Counting So Hard On How Much Money Is Enough? (2)

Read? Counting So Hard On How Much Money Is Enough?


With several insurance policies, CPF saving, investment portfolio and a fully paid 4 room HDB flat; the counting of money showed that it was not that bad. His family should be able to "tong" through the next 15 years without too much financial hardship. 

In fact his CPF saving, investment portfolio and a fully paid 4 room HDB flat already made him a Millionaire in asset value; but he couldn't afford to take 1 to 2 months no-pay leave after using up his 90 days hospitalization leaves. This life experience has taught him experiential wisdom to see the difference between Rich and Wealthy.

A million dollar in asset value can make us feel rich; but not necessary we are wealthy enough to afford thing that we want even it is just about $X,XXX in value. 

Not until we went through life crisis ourselves; how many will fully agree and appreciate this article? The More Cash People Have, the Happier They Are


Rotting cash does have other explicit value and become priceless when the circumstance becoming so urgent and necessary!

The conventional wisdom of advocating 6 months of emergency cash is enough?

Well. It is all depends on one's age and state of health.

In the 40s and 50s, 6 months is enough? How sure?

If the state of health is not that good. 6 months is enough? Really?

Before Uncle8888 reaching 55; his emergency cash is term of years because his life experience has taught him Cash is King!

Can trader keep on winning? (Good to refresh)

Read? Can trader keep on winning?


That day when we were talking about trading ...


CW8888: The secret of winning for much longer time is to become Trainer to earn course fee and selling reports/materials on top of some selectively sample trades of  " I Can. So You Can!"

When one stays too long in the battlefield and then one day got killed also didn't know how and why?

Simply What Is Retirement Planning?

(1) It is about knowing our past household expenses history and adjusting for inflation for the future years till 8X, 9X, or 1XX. Use the historical highest annual household expenses as benchmark or reference level for the future years.

(2) Setting up some cash buffer with self-insurance funding in addition to our existing medical insurance coverage

(3) Home as Asset of Last Resort

(4) Is cash flow sustainable over the future assets?


With all these preparation and planning and still fail; then accept it as Fate. 


Uncle8888's way of retirement planning using his Three Taps Solution model:

Knowing his household expenses

On monthly basis

Oct is almost there but Nov and Dec 16 are estimated; but should be slightly lesser.

On Yearly basis

CW8888's Wealth Formula


Wealth = Asset Value + Cash Flow


From Oct 2016 as retiree without any earned income from his human asset; his personal Wealth formula is now like this:

CW8888's Wealth = Financial Asset Value + Cash Flow


The important thing he has achieved in his pursue of financial literacy over last 16 years; he fully understood the difference between Good Asset and Rich Asset in relation to Cash Flow. 

This is something slightly beyond Rich Dad Poor Dad teaching of Assets and Cash Flow.

You think you know the difference?

This is where he differs from the main stream's loud voices over CPF OA to SA Transfer and SRS.



CW8888's Three Taps Solution model to build sustainable retirement income for life

Financial Asset Value against projected Total Liabilities till 2038 (his future household expenses at 2.5% inflation rate)


Is his Financial Asset value sustainable to support his Total Liabilities (Household expenses) till 2038?

Even without factoring the future cash flow from his financial assets; this graphical showed that it should be enough and sustainable. 

CW8888's Cash Flow


He is tracking and watching his cash flow closely. It has to be sustainable over future years with asset draw-down when necessary. 

The next few years of deploying his current War Chest in the stock market will determine the amount of wealth he is leaving behind as legacy. 

Property or Stocks??? (2)

Read? Property or Stocks???

That day; we were talking about one investment property for rental income as "passive" income. Of course; during good times it is passive income ; but during bad times rental income may drop to ZERO for X or XX months. Still passive? But for portfolio of stocks for dividend income; it will not drop to ZERO. 


There is no free lunch in investing. Just choice!

STOP asking for easy

Read ? STOP asking for easy

Does it help that I am not selling you anything? Perhaps. What I am selling you is a story, based on 18 years of experience of what works for the common investor, one that I am already starting to sell to my 7 year old. I prefer he start a business, several businesses for that matter, rather than get wrapped up in trading stocks. How about applying it to Investing?

Read? The Only Way the 99% Should Invest in the Stock Market


ETF investing is asking for easy?

So still go for easy?

How To Be Value Investors Or Deep Value Investors???

For retail investors and "Gurus"; it is mostly likely to base on Hindsight Wisdom!

Why?

They pick a few stocks; all those stocks with TSR (Total Shareholder Return) of XX% over X or XX years become their evidence or proof that Value Investing or Deep Value Investing did work!


Those stocks that never make it; they are either mistakes or fairly valued. 

Then they will move on to pick another few stocks. This value investing or deep value investing process will repeat all over again!

And then more evidence or proof that Value Investing or Deep Value Investing did work!

You don't think so arh?

Do You Know That Secret Sauce???

CW8888 : Something in the cyber world ... how good are you  at reading every word or you read in sentence? 


Quote : "In the end, I lost a huge sum of US$50,000. Unfortunately, it was supposed to be my wedding money. Boy, you could imagine how disappointed my wife was then. In fact, I felt like I have failed her at that point of time…

Fast forward a few years later, I have now managed to find the secret sauce that allowed me to build a 7 figure investment portfolio."

Clue : Investing advice for 20 somethings - that's how I have done it too!

Same same like the late Guru?

Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (7)

Read? Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (6)

Bedok Jetty. 

Long time never come here fishing!

National Sailing Centre

Ang Mo couple so friendly!

When they rode past Uncle8888 on their two-person bike with a carrier; the guy shouted "Hello" to him and the woman smiled at him. Probably; they have noticed him walking alone when their bike was still far away.

Walking My Father's Road! until when Uncle8888 reached the end of junction road where there is a small guard house at the road junction. The younger security guard came out and asked:

Younger security : Where are you going?

CW pointed to the junction to left : Going there!

Younger security : No entry. Go back!

Older security also came out

Older security: Hey; you have entered project site. You are walking around without helmet. It is an offence!

CW : Huh?

Changi Village Jetty

End of Loyang coast. 

Right side is the army camp and left side is the industrial park.

This is the dead end to the left where it is Loyang Industrial Park.

Uncle8888 will have to find a new resume point outside Loyang Industrial park where the coast is accessible by public.

Why you may not be sufficiently prepared for retirement (2)

Read? Why you may not be sufficiently prepared for retirement

Read? SRS : You open. I open

Read? SRS - Annualized Return Over 3 Years! (2)

Year end coming!

SRS and Transfer from CPF OA to SA?

Blursotong King 15 October 2016 at 17:32:00 GMT+8

Uncle,

After hearing from you, I fully agree and buy in to your theory. Thanks!

Lacking of empathy in some blog posts is quite clear?

Small Thin Wallet cannot fit into Fat Big Purse's shoe.

Married late with two or more young children can NEVER fit into SingleHood's shoe.

Our worries will largely depend on the number of dependents we have as we married and have children. We want to provide them a better life. Right?

Home Bias or Away Home Bias???

Sunday, 27 March 2011

Read? Investing Made Simple by Uncle8888 (10)


Any thing seriously wrong with our bias?

It doesn't really matter when we are still making money over decades in the stock market, over market cycles, and over economic cycles in whatever Bias we may have.

The real and truly tested investing in managing diversity and risk is cash and investment.

Make Hay while Sun shines and avoid pulling Weeds during Winter for the next Summer. That will be sad!

Concepts and theories are good; but nothing beat your own practices and results!

8 in 10 Singaporeans worry about growing old: Survey

Read? 8 in 10 Singaporeans worry about growing old: Survey


SINGAPORE - Eight in 10 Singaporeans are worried about growing old, a survey has found.

Topping their worries is whether they can look after themselves when they are old. 

Financial worries of running out of savings is next, 

according to a survey released on Tuesday (Oct 18).

Nearly 1,000 Singaporeans aged 30 to 75 were interviewed in the survey commissioned by insurance cooperative NTUC Income and philanthropic organisation Lien Foundation.


CW8888 is quite right. Younger ones now, of course can sing song about selling their residential home as retirement fund. May be these folks haven't been talking to their parents or older relatives on feeling of their home of decades.


The survey also found that nearly eight in 10 Singaporeans prefer to grow old in their homes, consistent with the government push to encourage Singaporeans to "age in place", or spend their twilight years in their homes.

About half the respondents were willing to stay at a nursing home, but only two in five were willing to send a loved one there.

The survey found that for those willing to stay in seniors' homes, an overwhelming nine in 10 prefer single or two bedded-rooms that currently do not qualify for government subsidies.

"Aged care facility providers can take heed of the varying preferences shown by the different age groups," said Lien Foundation programme manager Gabriel Lim of the findings.

NTUC Income also launch on Tuesday in conjunction with the survey findings release a new insurance plan that covers senior diseases like Parkinson's disease, dementia and Alzheimer's diseases. The new plan covers policyholders until age 100.

Last CPF Contribution As An Employee

Uncle8888's last CPF contribution as an employee was credited on 14 Oct 2016. He also download his last 16 months transaction history to keep as record and souvenir.

His CPFIS as his War Chest of last resort will grow very slowly without those additional CPF contributions. Let see how well can he perform with this limit in the next 10 years.

39.4 years : 65%
16.2 years : 35%


Read? Now It Is Alright For Him To Ask

Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (6)

Read? Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (5)

Left side of the road is dead end that is sealed by Tanjong Pajar Terminal so was forced to walk up Keppel Viaduct

ALAMAK!

Dead end in the middle of Keppel Viaduct!

Bo pain 

U Turn all the way back!

Okay. Went under the Viaduct and walk. LOL!

Reached Marina South! 

Popular fishing spot

Old fisherman! Solid. 

Studying at the Sea!

East Coast is the longest coastal line of Singapore.

Unexpected wild coconut treat from "fallen" coconuts by workers ensuring coconuts free park!

The last time it happened in P. Ubin. LOL!