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Retirement
11-11-2017, 04:10 PM, (This post was last modified: 11-11-2017, 04:10 PM by Temperament.)
Post: #1
Retirement
Blush Huh Tongue


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.docx   I Took All My Money Out of the Stock Market and It Feels Amazing.docx (Size: 15.22 KB / Downloads: 53)
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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11-11-2017, 04:14 PM, (This post was last modified: 11-11-2017, 04:18 PM by Temperament.)
Post: #2
RE: Retirement
i have some difficulty in posting the above.

It does not allows me to post at all.

i have to use attachment to be able to come to this "Quick Reply" page.

It's the same at any other forum.

Help!

i am "Bamboozled".
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

Find Reply
11-11-2017, 06:39 PM,
Post: #3
RE: Retirement
1) Putting money to work induces risk, and is therefore stressful. The stresses of investing is directly proportional to one's percentage of net worth that is put to work, and also the confidence one has in their ability. So if one feels stressed about their investments, they can either reduces their exposure, or up their ability (relative to the complexity of the choice of investment). I choose to mitigate my risk by spending plenty of time to read and think about my investment choice (i.e. companies) and their valuation.

2) Everyone would like to have more money by making investments, but not everyone is interested to do the work that is required. Such individuals should feel free to allow a trusted professional to manage their monies for them. Or buy an index fund. Or buy government-backed bonds. Or even choose not invest at all. Losing a little of your money to inflation is better than losing most (if not all) of your money.

3) Greed is a powerful force which causes us to overstay our welcome at the party. And the fuel to this force is (fast) rising asset prices. And when things are going good, knowing when it is enough may be our biggest stumbling block.

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11-11-2017, 10:43 PM,
Post: #4
RE: Retirement
temperament,

To avoid copyright issues, its safer and simpler to just add the web links:

https://finance.yahoo.com/news/took-mone...41903.html


There!
Just google singapore man of leisure

http://singaporemanofleisure.blogspot.com/
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11-11-2017, 11:26 PM,
Post: #5
RE: Retirement
Nice story and it is inspiring. With slightly more than 50,000 invested when the index was 208, she now has close to a million dollars. At age 62, this is a good sum of money to have and to live comfortably in retirement. Quite amazing, she has done nothing else other than putting the money in the fund more than 30 years ago.

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