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Track, Measure, and Visualize performance!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 19, 2012
Read? XIRR/CAGR: Investor's true performance indicator! (6) Read? How to know when I am wrong? (2) How do I know is my current trading or investing strategy still working for me? Simple. I track, measure, and visualise my performance. I only started serious and diligent tracking and measuring from Jan 2003 onwards. From Jan 2003 till Mar 2012, those months that P/L that is in Red!: Feb 2005 Aug 2007 Jan  2008 Bloody Red!!! Aug 2008 Bloody Red!!! Sep 2008 Shit Red! Oct 2008 Bloody Red!!! As of now, 2008 is the only year that I was in Red! What did I do in Nov 2008? I QUIT active Contra trading till now!!! I also stopped monthly review and switch to quarterly review and meeting yearly goal instead of meeting monthly target prior to Nov 2008. We set our review period and evaluate our performance against our investing goals over our ......
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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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