If you had 1 million dollars....

Hello moderators and admin,

We either have one senile retiree who is unsure of his age
or a person that has nothing better to do but is having fun fooling around the forum.

(06-11-2013, 09:00 PM)NTL Wrote:

(06-11-2013, 08:45 PM)davidsim Wrote:

(06-11-2013, 07:56 PM)Clement Wrote: I think it will help if you crystallize your investment objectives. For example, you can decide what is the minimum return you require and how much cash flow do you need from the investment. All these factors will help narrow your options for asset allocation. Each of us will have different portfolio performance requirements and therefore different portfolio composition.

I think it's important to remember that we don't have to beat the market, we just have to achieve our own investment objectives without taking unnecessary risks.

Hmm lets say my investment objective is just to maintain an annual income of $35000 in today's dollars for as long as I live (I am 65 now) while trying to preserve the principal as much as possible.

Would anyone advocate a place everything into REITs/bonds and just enjoy the income while saving the surplus to enther when opportunity comes strategy given my main goal is actually income and any capital gain is merely a bonus?

I have already bought H&S insurance but thank you very much for that suggestion. I think adequate insurance is the backbone of any financial plan.

You were just 57 around 6mths ago! And is having a passive income of at least $11700 a month!

http://www.valuebuddies.com/thread-3247-...l#pid48963

http://www.valuebuddies.com/thread-3247-...l#pid48909

Dear davidsim,

There are doubts on the intention of your posts, which seems have conflicting info. There are reasonable doubts IMO

We should allow you to put up your side of story.

Looking forward for your reply

Regards
Moderator

(06-11-2013, 09:08 PM)pianist Wrote: R U stockerman or underdogger? Recently quite number of retirees nothing much to do, spent time creating dual personalities.

Wow.....seems like Singapore's population is really aging fast!

Without Teletext, more old folks are getting on the internet. ^^

(06-11-2013, 09:00 PM)NTL Wrote:

(06-11-2013, 08:45 PM)davidsim Wrote:

(06-11-2013, 07:56 PM)Clement Wrote: I think it will help if you crystallize your investment objectives. For example, you can decide what is the minimum return you require and how much cash flow do you need from the investment. All these factors will help narrow your options for asset allocation. Each of us will have different portfolio performance requirements and therefore different portfolio composition.

I think it's important to remember that we don't have to beat the market, we just have to achieve our own investment objectives without taking unnecessary risks.

Hmm lets say my investment objective is just to maintain an annual income of $35000 in today's dollars for as long as I live (I am 65 now) while trying to preserve the principal as much as possible.

Would anyone advocate a place everything into REITs/bonds and just enjoy the income while saving the surplus to enther when opportunity comes strategy given my main goal is actually income and any capital gain is merely a bonus?

I have already bought H&S insurance but thank you very much for that suggestion. I think adequate insurance is the backbone of any financial plan.

You were just 57 around 6mths ago! And is having a passive income of at least $11700 a month!

http://www.valuebuddies.com/thread-3247-...l#pid48963

http://www.valuebuddies.com/thread-3247-...l#pid48909

Nice detective work, NTL!

(06-11-2013, 09:30 PM)CityFarmer Wrote:

(06-11-2013, 09:00 PM)NTL Wrote:

(06-11-2013, 08:45 PM)davidsim Wrote:

(06-11-2013, 07:56 PM)Clement Wrote: I think it will help if you crystallize your investment objectives. For example, you can decide what is the minimum return you require and how much cash flow do you need from the investment. All these factors will help narrow your options for asset allocation. Each of us will have different portfolio performance requirements and therefore different portfolio composition.

I think it's important to remember that we don't have to beat the market, we just have to achieve our own investment objectives without taking unnecessary risks.

Hmm lets say my investment objective is just to maintain an annual income of $35000 in today's dollars for as long as I live (I am 65 now) while trying to preserve the principal as much as possible.

Would anyone advocate a place everything into REITs/bonds and just enjoy the income while saving the surplus to enther when opportunity comes strategy given my main goal is actually income and any capital gain is merely a bonus?

I have already bought H&S insurance but thank you very much for that suggestion. I think adequate insurance is the backbone of any financial plan.

You were just 57 around 6mths ago! And is having a passive income of at least $11700 a month!

http://www.valuebuddies.com/thread-3247-...l#pid48963

http://www.valuebuddies.com/thread-3247-...l#pid48909

Dear davidsim,

There are doubts on the intention of your posts, which seems have conflicting info. There are reasonable doubts IMO

We should allow you to put up your side of story.

Looking forward for your reply

Regards
Moderator

Hi City Farmer,

Thank you for allowing me to reply.

The intention of my posts is simply to obtain information, advice and a second opinion.

I absolutely agree there is conflicting info but I dont think the conflicting info provided would seem to change my intention in any way.

David,
This is not nice.

My instinct tells me that you are pushing/asking people to buy REIT.

Are you heavily vested in REIT already?

Strange,

Not too long ago, david is said to retire from the auto industry with a net worth of some 5-10m asking for advice. From the way he posts, he does not appear to be that financial naive.
Now he appears with a new "senario". I think his explanation is not adequate at all.

Dun u guys find it strange as well?

(06-11-2013, 09:50 PM)gautam Wrote: Strange,

Not too long ago, david is said to retire from the auto industry with a net worth of some 5-10m asking for advice. From the way he posts, he does not appear to be that financial naive.
Now he appears with a new "senario". I think his explanation is not adequate at all.

Dun u guys find it strange as well?

After the "Underdogger and Stockerman" episode, nothing is strange any more......

and for those who noticed, I'm both chialc and chialc88...

(06-11-2013, 09:45 PM)davidsim Wrote: Hi City Farmer,

Thank you for allowing me to reply.

The intention of my posts is simply to obtain information, advice and a second opinion.

I absolutely agree there is conflicting info but I dont think the conflicting info provided would seem to change my intention in any way.

I suppose you will not do that to your family members and friends?
I am not doubting your intention.
I only doubt your character.

道不同， 不相为谋。