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

Negative Equity – Can you can survive out of it? (Refresh)

Sunday, 15 February 2009 Read? Negative Equity – Can you can survive out of it? Walau! Wrote this blog post 10 years ago! When you are forced to top up, it means that you now are forced to potentially LOSE MORE THAN what you have intended i.e. up to $50K. NOW YOU ARE FORCED TO POTENTIALLY LOSE MORE THAN $50K. Furthermore, you can’t be sure what is the LIMIT of Potential Losses like. You are cornered to continue the Game of Trading with more money or GET OUT. What if you liquidate your positions as you do not want to...

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The Stocks Manage Themselves

Read? The Stocks Manage Themselves Uncle8888 really likes these … It doesn’t matter if you self-identify as an active or passive investor, the stocks don’t care about you either way. It’s a completely one-sided relationship. When Ibbotson said it’s “much harder to manage people than it is to manage stocks” he was speaking in terms of running a business but the hardest person to manage is yourself when we’re talking about investing. Research shows investors who are overconfident in their abilities and assume they’re above average investors trade more frequently. There’s an embedded illusion of control in that we assume...

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Something Behind Our Luck Factor And Chance In Randomness Environment Where We Have No Control (2)

Read? Something Behind Our Luck Factor And Chance In Randomness Environment Where We Have No Control What is that something behind our luck factor and chance in the world of randomness where we have no control over the events happening? Need statistician to comment? We often hear and say it ourselves. Oh you are lucky! Yeah I am lucky! So what is behind this Luck factor? Hmm … after last two years of roaming across the island of Singapore and becoming top public transport user identified by LTA. He now thinks that is the Law of Large Number behind our...

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How Concentration Affects Portfolio Performance

Read? How Concentration Affects Portfolio Performance Vanguard recently came out with a piece that provides investors with additional data to bring to this conversation. They calculated the returns of Russell 3000 stocks over the last 30 years and found that 47% of stocks were unprofitable investments and almost 30% lost more than half their value. They also found, and this is the big one, that 7% of stocks had cumulative returns over 1,000%. Hmm .. Peter Lynch is proved right! Read? Peter Lynch on His Secret to Superior Returns (2) Hmm … long term retail investors should be doing … Read? Portfolio...

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I Track More Than Just Net Worth For More Certainty

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland! “The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth.” – Dr. Alexander Elder “For the things we have to learn before we can do them, we learn by doing them.” – Aristotle It is here where I share with you how I did it! FREE Education in stock market wisdom. Think Investing as Tug of War – Read more? Click and scroll...

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Will Anyone Know Who My CPF Nominee(s) are?

The CPF nomination details are kept confidential. Hence, your family members will not be informed of the identity of your nominee(s). It is also not possible for any person to check with the CPF Board if they are someone’s CPF nominee. However, you may authorise the CPF Board to disclose the identities of your nominees to specific individuals after your demise. Today, Uncle8888 visited CPF Branch again; but this time it is not about withdrawal of CPF interests. He has authorized CPF Board to disclose the identities of his nominees to the Executors of his Will as specific individuals after your...

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Why Many Want To Pursue Financial Independence And Get Out Of Rat Race?

Read? A whopping 92% of working Singaporeans are stressed – and women are prioritising families over themselves, study finds If you’re feeling stressed at work, you’re not alone. A vast majority of working Singaporeans are under stress, and women in particular feel that it’s less manageable, a survey has found. In the 2019 Cigna 360 Well-Being Survey, a whopping 92 per cent of working Singaporeans report feeling stressed, higher than the global average of 84 per cent. Of this, 13 per cent say their stress is unmanageable, which is on par with the global average, according to the study which...

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A Hole In The Heart. In Investing Too

Read? My Life Journey So Far At One Quick Glance On Mar 2019 In Dec 1999, Uncle8888 after reading that book “Rich Dad. Poor Dad” and had a mind flip and strongly believe that he can get out of rat race through Investor quadrant. He knew himself very well so he won’t bother with Business Owner quadrant. He gathered all his spare money as his investing capital and dedicated one bank account to hold his investing capital and investment. In this way; his investment money is always physically and mentally separated from all other money and liquidity needs. Every single...

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The Reason To Transfer CPF OA to SA???

Uncle8888 read this morning from FB and smiled .. “a) I transferred my CPF-OA to CPF-SA because I don’t want my future girlfriend to see a single cent in my CPF-OA and push me to buy a private condominium. Today, I get over $10k from the CPF board on my interest alone for my SA and MA accounts.” Wanlan! Read?Encountering At Least One Major Economic or Market Crisis Is Good For Our Future Prospectives!!! (Time for a re-fresh) Food for thought for some wives to unduly pressurize your hubby with such thought? On Housing Upgrade For years, he has...

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How Soon Should You Start Investing Your CPFIS And SRS? (2)

Read? How Soon Should You Start Investing Your CPFIS And SRS? Is SRS fit for its purpose i.e. to secure our retirement fund? Super low interest rate at 0.05% and some tax saving will quickly corner most retail into investing ASAP to beat inflation and grow their retirement fund at faster rate. Compounding wonder! Wonder any statistics on SRS investment performance like CPFIS statistic? Another real life investing story on SRS, trading and investing to show that it is not that easy as we often hear those success stories presented in previews, conferences, talks or seminars. Armed yourself with sufficient...

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As Retail Investor Do You Stress Test Your Investment Portfolio???

Read? “How Singapore Manages its Reserves” MAS employs a comprehensive range of stress tests to assess the risks to the portfolio on an ongoing basis and establish whether the portfolio remains resilient to potential tail risk events over the medium term. Three types of stress tests are conducted: Historical: Shocks are applied to the portfolio using asset price movements seen in historical stressed episodes, such as the Global Financial Crisis, 2000 dot-com bust, 1994 bond market selloff, etc. Vulnerability-based: The portfolio is subject to hypothetical scenarios which stress in turn each of the portfolio’s risk factors such as equity, interest...

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How Soon Should You Start Investing Your CPFIS?

Read? How Soon Should You Start Investing Your CPFIS And SRS? How soon? How do you know you already have competency to beat 2.5% compounding interests Wonder? See for yourself! Average CPFIS return from 2011 to 2018. That guy mentioned in the earlier blog post is 6 years into investing his CPFIS i.e. starting in 2013. Here is the truth and fact: How much opportunity cost did CPFIS market timer really lose out from 2011 to 2018 waiting for market crash in...

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FIRE Is That Easy AS We Have Thought

Real People who have tried FIRE or manage to really FIRE! Case 1 : Just after three weeks of retirement, he is back to work. Lucky his vacancy was not filled and he got back his old day job. Read? You think it is so easy to retire early??? Case 2 : He took one year no pay leave; but after three months he gave up and went back to work. Case 3 : He took one year no pay leave and finally realized he realized working routinely is still better than having to find activities to pass time. Case 4 :...

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Save more than 60%. No need to invest??? (5)

Read? Save more than 60%. No need to invest??? (4) Uncle8888 met him again when roaming the street of Orchard Rd. He is regular roamer except he is decently dressed with long pant and shoe unlike Uncle8888 in short and slippers. LOL! Once kena 1997/1998 AFC storm; he chopped fingers and never touch any investing or lending of any kind. All investment and lending is nature is risky. As he has plenty of free time as single; every month he hunts for better FD interests and renew his FDs. He not even interested in SSB as it is marketed as...

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never risk getting caught short of cash

Berkshire will forever remain a financial fortress. In managing, I will make expensive mistakes of commission and will also miss many opportunities, some of which should have been obvious to me. At times, our stock will tumble as investors flee from equities. But I will never risk getting caught short of cash.” Don’t poke me for parroting! Uncle8888 will NOT risk getting caught short of cash like in 2009...

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