Read? Wealth Formula : Balancing Act!!! (2)
STI is crashing!!!
How can we still stay calm?
Learn from ancient wisdom:
If you have a worry problem, do these three things:
1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.”
(Carnegie 49)
Fully understand wealth formula!
Wealth = Asset Value + Cash Flow
We have no control over the latest market pricing of our asset value; but we can still exercise some control over our assets allocation to ride and survive within our emotional tolerance level for future market volatility.
Market volatility is part of the Game. We cannot escape from it if we are in the Game; but now with the visibility of rising interests rate from the recent historical low; higher is the way to go. Now, we ......
