My investment story: Worst and Best
1. What are your goals in 2022? Have you achieved them yet?
My long term goal is to achieve FiRE (have not achieved fully yet) and to help others.
My goal this year is to achieve financial independence. Unfortunately there's setback because the economy is heading towards recession and the sources of passive income is diminishing.
2. Are your trading strategies on track? Have you learned something new?
To achieve positive earning using 4% rule of retirement and to diversify my investment portfolio.
Lesson learned:
2.1 Investment in cryptocurrency is not for the faint heart. Despite its high return, it has high risk which includes volatility, not regulated and brokerage halt withdrawal (bank run). If you want to invest, better to keep them in cold wallet and for long term.
2.2 Need to learn how to invest in a bear market. With stock market crashing and economy slowing down (recession risk), it is not easy to diversify your portfolio to a defensive stocks.
2.3 More stable (less volatile) investments emerge like Cash plus fund, Market money fund (MMF), Treasury-bill (T-bill) and Government bond (SSB or SGS) which is better than high interest fixed deposit. More are considering dividend stocks but your investment may be trapped for a long time when the share prices dropped.
3. How would you invest in 2023?
3.1 Increase emergency fund to 9 months or even longer. This is to prepare for the coming recession which some predict that will be long but mild. Stock market may stay bearish for a longer than expected time.
3.2 Increase portfolio in more stable investment like cash plus fund and money market fund (MMF). Such fund has shorter locking period than high interest saving account in the bank.
My long term goal is to achieve FiRE (have not achieved fully yet) and to help others.
My goal this year is to achieve financial independence. Unfortunately there's setback because the economy is heading towards recession and the sources of passive income is diminishing.
2. Are your trading strategies on track? Have you learned something new?
To achieve positive earning using 4% rule of retirement and to diversify my investment portfolio.
Lesson learned:
2.1 Investment in cryptocurrency is not for the faint heart. Despite its high return, it has high risk which includes volatility, not regulated and brokerage halt withdrawal (bank run). If you want to invest, better to keep them in cold wallet and for long term.
2.2 Need to learn how to invest in a bear market. With stock market crashing and economy slowing down (recession risk), it is not easy to diversify your portfolio to a defensive stocks.
2.3 More stable (less volatile) investments emerge like Cash plus fund, Market money fund (MMF), Treasury-bill (T-bill) and Government bond (SSB or SGS) which is better than high interest fixed deposit. More are considering dividend stocks but your investment may be trapped for a long time when the share prices dropped.
3. How would you invest in 2023?
3.1 Increase emergency fund to 9 months or even longer. This is to prepare for the coming recession which some predict that will be long but mild. Stock market may stay bearish for a longer than expected time.
3.2 Increase portfolio in more stable investment like cash plus fund and money market fund (MMF). Such fund has shorter locking period than high interest saving account in the bank.
$CSOP USD Money Market Fund(SGXZ96797238.MF$ $Fullerton SGD Cash Fund(SG9999005961.MF$
3.3 Diversify to more defensive stock like medicine, utilities and consumables. A more balanced portfolio between value and growth stocks or ETFs.
3.4 Explore more sources of passive income. It should be safe (not high risk cryptocurrency) and stable.
3.3 Diversify to more defensive stock like medicine, utilities and consumables. A more balanced portfolio between value and growth stocks or ETFs.
3.4 Explore more sources of passive income. It should be safe (not high risk cryptocurrency) and stable.
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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Milk The Cow : Oh yar![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
, I forgotten to mentioned good/strong companies which paying dividend (dividend stock) ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Heard that Warren Buffett invested more in dividend stock with the current market
In the very past, I like dividend stock. But as my ambitious get higher, I less preferred them as I wanna get rich fast
ZnWC OP Milk The Cow : Any recommendation for passive income?
102987792 : Current usd fund (cash plus) is it really calculated to be around 3.7% annually
Milk The Cow ZnWC OP : None.
if there will be any market crash in 2023 or if the bearish market will last the next 1-2 years in worst case ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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I think either T-bill (6mth)
or SSB longer term (but I think can withdraw anytime with 2sgd fee, got time delay).
Idk
So, I think T-bill seem the more favourable one if interest of return further increased & stock market some how remained unexpectedly high for longer than expected
Or u can go for Secured Put option
Timing market, I think MMF is still the best for idling
ZnWC OP 102987792 : It is calculated based on 7 days earning average. Although the fund didn't give you the annual earning, you can see from the history record, earning is green and stable (not volatile).
102987792 ZnWC OP : So it seemed like 2% ish annually
ZnWC OP Milk The Cow : Thanks for the comments. Plan to try a small portion of my idle cash with options. Are monitoring how the coming earning report, FED rate and CPI data will affect the stock market.
AshleyWolfYap Milk The Cow : He prolly is fine with dividend funds cause of the magnitude of money he has invested. For most of us buying $250,000 worth of stock with 2% yield would only earn us $5000 a year. You can’t live on that. For him, he invests $250 million and more and that returns $5 million a year hahahahaha
Milk The Cow AshleyWolfYap : Yeah![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Hidden Beauty : My goal is to achieve financial independence as well
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