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Investing Made Simple by Uncle8888 (33)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 25, 2012
Read? Investing Made Simple by Uncle8888 (32) Have you been seriously tracking, measuring, and visualising your portfolio performance (XIRR/CAGR)? If we strongly believe that investing is a process and our portfolio is Always Be Constructing (A.B.C); then like any processes they have to be tracked and measured for continuous process improvement so that we can achieve our expected output targets with the specified inputs. A complete investing model with feedback loop for continuous process improvement
When our output i.e. wealth level from our investing process is below our expectation, we will have to seriously review it. Is the investing process not working well or we have not been supplying reasonable level of input for the process to generate that expected level of output? No input how to have output even we may have the best investing process in place? Track, measure, visualise is an important component for the entire ......
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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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