My Retirement Plan At 35

100K annual salary seems not hard to reach 1M with high saving and less risky investment. Maybe top it up with good stocks returns of 10%-20%. I doubt you even need multi-bagger to do the job.

Is quite impossible to avoid all the Major corrections !!! Technically you can earn both ways and with Margins.
It won't be just a Million maybe at least 100 Million asset by now.

Some good investing my friend. Keep going with it.

In the meantime, there are plenty of good non-profits you could work for.

Otherwise you could outsource your IT skills - if they are valuable for an outsourcing arrangement (programming, website building etc)

(19-07-2012, 05:21 PM)yeokiwi Wrote:

(19-07-2012, 04:52 PM)KopiKat Wrote: No doubt about that as many here are survivors with numerous battle scars of bear bites, scratches and even mauling...
What I'm most impressed is the ability to AVOID all the major corrections! That's why I wish to learn more mah... and if possible to just give us the tiniest alert of the next one.. OK? asking too much?? Or my understanding of AVOID is wrong??

Why not? I can avoid all corrections by not investing at all.haha
Anyway, this kind of divine technique is beyond me. So, I just have to suck thumb and ride the waves up and down.

Hey, what you said about avoiding all corrections by not investing at all (stock market) is very true.
When in 2008/2009 GFC fiasco, i were treated by a Changi Hospital's dental surgeon and i bemoaned to him about the fiasco. He had a smug look and proudly declared he escaped every bear market fiascos. i said. "How clever of you. How did you manage to do that?" Well Yeokiwi had given the answer above. i wonder just how he escapes inflation?
I am telling a real incident. And i won't be surprised many people are like that. Don't forget i were like that until the age of 40. Why? Of course i started investing only at the age of 40.

I avoided the CLOB saga and all the bears!

** I started investing only at end 2008 **

(20-07-2012, 01:05 AM)momoeagle Wrote: I avoided the CLOB saga and all the bears!

** I started investing only at end 2008 **

Ha! Ha!
Congratulation! i was exactly the same like you when i first started to invest. ; i avoided all the bears too and even the CLOB saga; (because somehow i only invested in Singapore shares. Until today i only have Singapore and a little US shares.

NB:
i started to invest in 1987 after the "Black Monday". So don't you think i can say similarly or in fact exactly like you: " I avoided the CLOB saga and all the bears!", at that time? Ha! Ha! The CLOB saga was special for me because i only invested in SGX. (Thank God).
But i predict, no i guarantee you will be snared by the Big Bad Bear one fine day. It's a matter of time if you are always in the market somehow. Someone tell me once you are in the market for long-term investment, it's very hard to come out of the market completely. i find out it is quite true. Maybe you are different. You can know how and when to come out of the market completely.
But i don't think so.

with similar logic, i managed to avoid dot-com bubble crash since i started much later then.

I recalled seeing my colleagues curse and swear, and with "black" faces most of the time

(18-07-2012, 04:20 PM)yeokiwi Wrote: Denmark Population 5,574,000
No. of nobel prize winners(exclude peace prize) = 13

Finland Population 5,387,000
No. of nobel prize winners(exclude peace prize) = 3

Ireland Population 4,487,000
No. of nobel prize winners(exclude peace prize) = 5

New Zealand Population 4,405,200
No. of nobel prize winners(exclude peace prize) = 3

Sweden Population 9,453,000
No. of nobel prize winners(exclude peace prize) = 26

Switzerland Population 7,907,000
No. of nobel prize winners(exclude peace prize) = 22

Everytime, I will cringe when any Singapore educator boasts about Singapore's education and criticizes the West.

dont worry about singapore, sooner or later, we will import foreign talents with nobel prize callibre to make up the numbers, we are quite good at that

Why do you need to avoid the bear? Why not ride thru the bear?

Especially if you are a long term investor who is investing based on fundamentals.

Is there something I don't understand?

(20-07-2012, 11:33 AM)flinger Wrote: Why do you need to avoid the bear? Why not ride thru the bear?

Especially if you are a long term investor who is investing based on fundamentals.

Is there something I don't understand?

i agree with you, in fact, we should focus on buying a group of companies (at a reasonable price) that will have higher earnings in 10 years time.

but i guess we cant help looking at the stock price from time to time, and during a bear market, it does affect us emotionally

(20-07-2012, 11:14 AM)money Wrote:

(18-07-2012, 04:20 PM)yeokiwi Wrote: Denmark Population 5,574,000
No. of nobel prize winners(exclude peace prize) = 13

Finland Population 5,387,000
No. of nobel prize winners(exclude peace prize) = 3

Ireland Population 4,487,000
No. of nobel prize winners(exclude peace prize) = 5

New Zealand Population 4,405,200
No. of nobel prize winners(exclude peace prize) = 3

Sweden Population 9,453,000
No. of nobel prize winners(exclude peace prize) = 26

Switzerland Population 7,907,000
No. of nobel prize winners(exclude peace prize) = 22

Everytime, I will cringe when any Singapore educator boasts about Singapore's education and criticizes the West.

dont worry about singapore, sooner or later, we will import foreign talents with nobel prize callibre to make up the numbers, we are quite good at that

Nothing wrong with that. US is leading by imported talents from Europe, either with 1st generation or their off-springs