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Re-making Portfolio to ride the Craziness of Market Cycles
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 13, 2011
Read? Investing Made Simple by Uncle8888 (28) Read? More articles related to performance "Insanity: doing the same thing over and over again and expecting different results" - Albert Einstein.                This is how Market Cycles exist?
 
Market Value of our investment?
When the market value of our asset rises above our initial investment cost, we make an unrealized profit; but when the market value falls below our initial investment cost, we make an unrealized loss. Does this unrealized profit/loss really matter to us if we are not selling yet and still happy with the cash flow generated by these assets? Some stocks by nature can be very volatile and their market value can rise and fall quickly over days or even by hours. It is like taking a roller-coaster ride. If we focus too closely to their market value on daily basis, we may be taking an unnecessary and unwarranted emotional roller-coaster ride ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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