What is a realistic return on value investing?

[Ben]

Also I want to take big risk now to make it big. What's wrong with that?

After investing for so many years and made uncountable mistakes, I must say that this statement, or thinking you have is risky. At your age, it is okay to be aggressive with your investment, but do think carefully if you want to take big risk. You should have heard this: take care of the downside and the upside will take care of itself.

[Jacmar]

So I spend so much time to find that 3 stocks in the vast universe so that I can get 10% return? Then what's the point? Might as well buy some index fund rite?

Firstly I think ETF is over rated. if you have invested in STI ETF back in 1st qtr 07, today the index after 7 yrs is about the same level, meaning you get zero returns other than the meagre dividends. You want 10%/yr on couch potato investing, dream on.

I agree with yeokiwi, the best way to build wealth is your career. from there you get some seed money to compound your money in a slow and steady manner. I would seriously urge you to worry about the down side on investing and let the upside take care of itself. It's ok to set high targets but if it starts to influence your investment decisions then it's going to bite you someday. the day will come when you hit some jack pot and think that you have the midas touch. I know as I have been through it and paid the school fees.

[Temperament]

To start off let's get real here, how many of us really are having big bucks here? For me I am 28 and only have about 40k. Realistically how many stocks can I buy with that? Maybe 3-4? So I spend so much time to find that 3 stocks in the vast universe so that I can get 10% return? Then what's the point? Might as well buy some index fund rite?

The easier way to get rich or accumulate a significant sum of money for investment is to do well in your career than focusing on how much you can get out of 40k.

A good career ($5000 per month before CPF with 13th month bonus) = $65000 cash before expenses.
If you can save $30000, that is already 75% of 40k.

To start off let's get real here, how many of us really are having big bucks here?

You are really a newcomer in this forum.

Yes! i have said before, professionals like million-dollar-income doctors don't even need or have time to think about the stock market. Own more then one property, of course!
Also did any of the Market Wizards recommended a "short -cut" to riches?

[GPD]

I was driving on PIE that day on the middle lane. Someone who just a driving license on the right lane horned at me and say! Hi, you are too slow, get out of the expressway!".

What is wrong with driving on the middle lane? I am driving a family car. I have wife and kids with me to consider. I am not as young and as daring as that driver. I prefer to drive safely (if that equates to slow to someone) so I can reach the end point rather than increasing my risk of an accident and ending nowhere. I actually enjoyed driving on the middle lane. I may even change to the slow lane to enjoy the changing sceneries.

By the way, in an expressway, I seldom see people on the middle lane horning at those in front of them if they are slow. They simply overtake if they wish and there are ton of people driving at a variety of speed on any expressway. I wonder if I should shout at those slower than me to get out??

View? Don't bother. They drive based on their skills, expertises and risk-level and I respect their decision.

[corydorus]

To start off let's get real here, how many of us really are having big bucks here?

You are really a newcomer in this forum.

Yes, a newcomer's comment indeed. The wealthiness of our buddies here (excluding me) is beyond newcomer imagination.

Really a "mountain turtle". There are many buddies wealth here that is beyond 28 year old imagination.

The best investment seeding is a good career ofcourse a rich wife or relative helps a lot.

[franko.yank]

Oh please, I’m not interested in empty boasting of richness by anonymous online nicks. So far the only high net worth investor who dare to post his wealth with proper proof is Dividends Warrior.

He is highly respected in the online investment world and I never see him make sarcastic remarks and name calling like some of you here doing. In fact I see many here also attacking him with negative rep points just because he dun agree with you.

If you all want to laugh and make fun of people, at least have the guts to show me your SGX statements, otherwise stop boasting about “old bird” or “rich beyond imagination”, sibei rude and childish.

I agree with the point about building career, I am aiming to save at least 10k every year which together with investment will hopefully let me retire before 50. Like I say, not interested in saving for saving sake or working for working sake until old.

[Ferns]

To start off let's get real here, how many of us really are having big bucks here?

You are really a newcomer in this forum.

Yes, a newcomer's comment indeed. The wealthiness of our buddies here (excluding me) is beyond newcomer imagination.

I guess I'm also a newcomer too! Been following the forum for a few months only.

If no one posts their net worth, how do you guys actually know this info?

[tanjm]

Oh please, I’m not interested in empty boasting of richness by anonymous online nicks. So far the only high net worth investor who dare to post his wealth with proper proof is Dividends Warrior.

He is highly respected in the online investment world and I never see him make sarcastic remarks and name calling like some of you here doing. In fact I see many here also attacking him with negative rep points just because he dun agree with you.

If you all want to laugh and make fun of people, at least have the guts to show me your SGX statements, otherwise stop boasting about “old bird” or “rich beyond imagination”, sibei rude and childish.

I agree with the point about building career, I am aiming to save at least 10k every year which together with investment will hopefully let me retire before 50. Like I say, not interested in saving for saving sake or working for working sake until old.

You should think statistically and logically.

Just beating the market implies you are above average already. I don't see any signs you are thinking like an above average investor. It is entirely possible (though only remotely possible) that you can achieve "long term" 20 plus percent returns from pure luck and taking high risks. It is however more likely you will crash and burn and lose money.

Myself, I benchmark against STI and S&P. I am happy to earn a few percent above benchmark over the long term. That is already better than most mutual fund managers.

I should add that there are some individuals (I think we know who they are) in this forum who are likely having sizeable assets. But those assets were mostly from accumulation of capital from salary or from selling businesses.

[CityFarmer]

To start off let's get real here, how many of us really are having big bucks here?

You are really a newcomer in this forum.

Yes, a newcomer's comment indeed. The wealthiness of our buddies here (excluding me) is beyond newcomer imagination.

I guess I'm also a newcomer too! Been following the forum for a few months only.

If no one posts their net worth, how do you guys actually know this info?

You know a pig is fat, before weighing. Pardon me to use pig as analogy

[CityFarmer]

Oh please, I’m not interested in empty boasting of richness by anonymous online nicks. So far the only high net worth investor who dare to post his wealth with proper proof is Dividends Warrior.

He is highly respected in the online investment world and I never see him make sarcastic remarks and name calling like some of you here doing. In fact I see many here also attacking him with negative rep points just because he dun agree with you.

Dividends Warrior is HNWI? Dividends Warrior had a tough time during his initial period with VB. He was agitated, but quickly settled down. He acknowledged his mistakes and has tried to improve. I saw great improvement of him. He is one of the valuable buddies in VB, not due to his investment skill, but attitude.