“Simplicity, clarity, singleness: These are the attributes that give our lives power and vividness and joy as they are also the marks of great art.” --Richard Holloway
It takes time, it becomes a habit, but the end road, it clears your mind. What becomes important to you become clearer, you feel a sense of freedom without too much emotional attachments to the things that won't go with you the after life. Minimalism at it's core is saying NO to materialism, saving the planet for future generations, living closest to what is most important to you. How do you do it? Image I got it off some random Facebook post.
Markets are returning to what they really should be doing. That is moving UP and DOWN and not up to infinity like last year. In a dataset stretching back 90 years, we have never seen a calendar year without a monthly loss. There have been 4 years with just one monthly loss; two of those years preceded corrections and two of those years were part of extended market rallies. 2017 wasn't NORMAL.
Having said that, markets still move up over the long run due to inflation. Remember I covered this before where they will be a 10% correction every year and 20% correction every 3 - 5 years.
There are so many sectors and countries to invest in now. My own take will be EWW and TUR. I simply believe in the long run the economy will improve and inflation will occur. In 2016, I was on FXI and RSX. Now I see EWW and TUR.
From a practical point of view from me. Investing is like women. Women, can't live with them, can't live without them. You don't find a place to make $$ work for you, you will work for the rest of your life.
[ StinkTel ]
I'm not a licensed investment adviser. I will not be liable to your trades should you proceed to invest. I did not take any exams to give financial advise. However I may have more cow sense.. moooo
Aside from my usual way of investment, I always have a portfolio and this is the safer/lower returns side of the portfolio I have.
Yes I do invest in Singapore Stocks, but only very selective. So damm selective to a stage I only have 3 choices. SGX, Singtel and the banks. Don't get me started on reits ( I know this is coming to my inbox )
Why these 3? SGX has no competitors. Banks are due to the regulations in SG. Lately, they are pricey.
Now, StinkTel. Share price has been hit, see the chart I attached. Partly due to market sentiments and competition. Personally I hate their services, so many bad experiences which includes a permanent issue they can't solve and they blamed it on the US server, however if I use 4G network it goes thru. I'm an engineer myself and I gave up solving the issue and rather work around them. So why am I still using them? Because, NO CHOICE. Which is good from their business point of view. They own the infrastructure. Even if you use a new service provider, do you know they are using their infrastructure?
From an investor point of view, it's good. Thus my position in the company. Lately dividend payout is at 5.2%, and I will add more over time. This position I'm taking on will be a lifetime position. I'm not intending to sell it. So it doesn't matter to me if share prices moves up or down. I will be getting my payout yearly which made up for the bonus I didn't get last year =(...
Dividend payout looks sustainable from the financial reports unlike ermmm better don't say or get sued.
To add, stocks I invest in MUST be LIQUID or have VOLUME. I do not care if the company is awesome, but you want to sell, cannot sell and end up in a wide spread, that would suck. For example, recently I tried to short an Australian share, but due to the liquidity, I can't. Maybe I'll do it via CFD.
Investing is simple. If choosing companies to invest in, a huge moat is probably the best way to go about it.