Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Real Challenge To Assumption By FI, FIRE or FIRe Investment Bloggers

Read? Singaporeans’ average life expectancy forecast to rise to 85.4 years in 2040: Study CW8888: Did you get your FI, FIRE or FIRe number right based on your assumption? SINGAPORE: Singaporeans will be living longer lives in 2040, according to a study by the Institute for Health Metrics and Evaluation (IHME). The result of the study released on Wednesday (Oct 17), ranks Singapore third in the world, with an average life expectancy of 85.4 years in the year 2040. Those living in Spain are forecast to have the longest life expectancy, at 85.8 years, followed closely by Japan at 85.7...

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A three-way test for your portfolio??? (2)

Read? A three-way test for your portfolio??? Read?  ‘Studying hard’ not a sure-win to investment success 4. Practise diversification (having a portfolio made up solely of Singapore stocks is not proper diversification) and don’t keep actively trading around. Every time when Uncle8888 reads something like this : Diversify, diversify, diversify .  Don’t be Panda or Koala in the stock market; you will be become extinct very soon! Chun bo; after more than 17 years with only Singapore socks in SGX; Uncle8888 still haven’t become extinct! It is never about the Method! There is no such thing as the right Method for anyone....

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What FIRE people do when the market’s on fire

Read? What FIRE people do when the market’s on fire I suppose you’ve heard by now that the stock market DJIA, -2.13% SPX, -2.06%  dropped big-time Wednesday. Thursday wasn’t so great, either. As usual, a move like this has caused quite a bit of angst, worry, and pandemonium on social media and in the news. People are downright fearful and upset. Want to know how I responded as an early retiree? Nothing. Absolutely nothing. Oh, I worked out, took a walk in an early Colorado snow, and played some video games. But I didn’t panic. In fact, I didn’t even...

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Dow tumbles over 500 points, bringing 2-day losses to more than 1,300 points

Share Stocks fell sharply on Thursday in a second straight scary day on Wall Street as investors dumped equities around the globe because of fears of rapidly rising interest rates, a possible global economic slowdown and overly ambitious tech valuations. The Dow Jones Industrial Average closed 545.91 points lower at 25,052.83, bringing its two-day losses to more than 1,300 points. The S&P 500 dropped 2.1 percent to 2,728.37 and posted its sixth straight decline. The broad index also closed below its 200-day moving average for the first time since April. The Nasdaq Composite pulled back 1.3 percent to 7,329.06...

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Do We Plan For Our Own Retirement Based On Other People To Provide You The Number?

Every household is different and relative! How much is enough is definitely relative? Read your Past and forecast your Forecast. So far; Uncle8888 still prefer this model after searching through the cyber world and NLB bookshelves on adequacy for retirement planning. Read? Is Your Nest Egg Holding Up? The Balance Sheet A more sophisticated way to measure the success of a retirement portfolio is the one used by large pension plans. You compare what’s called the actuarial present value of your assets and liabilities. The...

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Best return on retirement. ROR

Read? Self-made millionaire: Don’t buy into the idea that ’70 is the new retirement age’ Rather than planning on working longer to set yourself up for your golden years, start saving more money now, he says: “The way you get the best return on retirement — I call this ROR — is you save, save, save, save, save … And you retire in your early 60s, able to afford it, and then you really go have the best years of your life.” Settling down in your 60s means “having the energy to finally do what you want to do when you want to...

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Bucklist List or FI/FIRE/FIRe

Read? What happened to your Bucket List? Fulfilling or striking off a long list of Bucket List needs lots of money to achieve it. Right? FI, FIRE or FIRe is NOT the same! Not all of us will need tons of money to achieve FI, FIRE or FIRe. Achieving FI, FIRE or FIRe is more practical than striking every item in your long list of Bucket List! Why Bucket List is out of fashion?...

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For how long can we control our mind? Don’t need to talk about investment! (2)

Read? For how long can we control our mind? Don’t need to talk about investment! Read? Retiring in overseas at much lower retirement costs??? (2) How does FI or FIRE investment bloggers think about this? What is their plan on it? Still financial savvy to manage passive income? Have we started to think that what if I can’t think on my...

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StarHub to cut headcount in corporate revamp

STARHUB is about to make changes in its organisational structure that could result in lay-offs among its 2,500 employees in a bid to stay “agile and lean” ahead of new challenges, disruptions and threats. CW8888: Over his last 38 years working as employee; what he saw with his own eyes of his senior colleagues broke down and cried was scary and lasting!...

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A Beautiful Message

A Beautiful Message  by Arthur Ashe. Arthur Ashe, the legendary Wimbledon Tennis Player who was dying of AIDS, which he got due to Infected Blood he received during a Heart Surgery in 1983! He received letters from his fans, one of which conveyed: “Why did God have to select you for such a bad disease?”  To this Arthur Ashe replied: 50 Million children started playing Tennis, 5 Million learnt to play Tennis, 500 000 learnt Professional Tennis, 50 Thousand came to Circuit, 5 Thousand reached Grand Slam, 50 reached Wimbledon, 4 reached the Semifinals, 2 reached the Finals and...

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I Didn’t Focus Too Much On How To Build More Passive And More Defensive Investment Portfolio To Support Retirement Income For Life (2)

Read? I Didn’t Focus Too Much On How To Build More Passive And More Defensive Investment Portfolio To Support Retirement Income For Life Two years have passed without full-time earned income as employee; it is about time to check on financial health status going forward. The moral of the story … Read the Past and forecast the Future with more certainty. Excluding any future cash flow from current financial assets; the wealth balance sheet as at Dec 2038 based on current assets value; there is no immediate concern or worry that the long-term wealth balance sheet is unhealthy and not sustainable...

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Two Years After Retiring From Full Time Monthly Salary As Employee (2)

Read? Two Years After Retiring From Full Time Monthly Salary As Employee Two years has passed. Uncle8888 didn’t retire from his full-time job as employee to become Spider-man doing Great! In the morning; he gets out of his bed based on level of laziness and the level of sunlight shining through the window which has no curtain! Less washing for Auntie8888. :-) In the day, he spent most of his time as Butterfly viewing different landscapes, green, flora and mini garden across the land of Singapore. In the evening; he changed to Moth who is attracted by lights and most of the...

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Debate (Quarrel) Over BTIR

The best knowledge is always from our own personal experience after we went through it personally and digest them! 1) ILP 2) Endowment 3) Term 4) DIY Investing Uncle8888 went through all the above! Read Articles relating to insurance Honestly; we are sold based on our needs and our level of investing experience and knowledge at THAT TIME by agents whom we know them quite well and likely to trust them too...

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Warriors, Monks And Farmers In Large Corporation

Read? The Monk, The Warrior And The Farmers There will be few warriors surviving long enough to tell their motivational stories how to become a warrior. I can. You can! Uncle, chun bo? There are more monks than warriors hiding quietly at every corners of the large corporation smiling, cruising and waiting for time up to FIRE or officially retired with more savings. The rest of them in large corporation are just farmers and many of them are hoping for re-employment at 62 and work till 67. You are not warrior? Don’t bang your head against the wall as warriors by...

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CPF SA Door Is Always Wide Open For Me. I Went In Once But Then Close It After That One And Only Entry!

When looking for food at NEW place; and especially when he is less likely to visit that place again in the near future; Uncle8888 will prefer to join the food queue. The food queue is rarely wrong! Eat liao and happily moves on! But when it comes to personal investing and saving; strange thing happens. He is happy with 2.5% compound interests; but at 4% compound interests; he is not so happy! Strange!  Again he is odd investment blogger in Singapore singing out of tune on retirement song!...

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