I am an Accountant by training and
is currently working in a global MNC in the Supply Chain industry. During
my free time, I enjoy reading up on topics such as stock investing, insurance
planning and property investment. Since 2012, I have started penning down my
thoughts on certain financial matters while striving to achieve financial
independence. Being through the 2008 global financial crisis taught me that one
should never leave one's own financial management to the so-called experts such
as Financial Advisor or Unit Trust Manager. It is important for one to learn
how to manage one's own financial matters. Till today, I am still learning from
investment discussion forums and investment blogs and is delighted to pick up
skills and tips from other like-minded folks in our ever growing vibrant local
investment community.
You all can also refer to some of my life stories and thoughts on other issues in "MY JOURNAL" page.
You all can also refer to some of my life stories and thoughts on other issues in "MY JOURNAL" page.
Investment Philosophy
I no longer subscribe to the traditional buy and hold
forever strategy advocated by many mainstream "value" investors.
Buying and selling at different market cycles are also important in capital
preservation and realization of profits.
(i) For growth stocks, I will sell off once my internal target price has been reached and redeploy the capital.
(i) For growth stocks, I will sell off once my internal target price has been reached and redeploy the capital.
(ii) For income-generating stocks, I tend to hold them for the
long term. Market fluctuation thus does not affect this portion of my
portfolio.
Also, I learned that one could not time
the market perfectly; hence it is important to always have readily available
cash on hand for immediate deployment in times of opportunity.
But I guess overall, I am still more of
an "Income" investor with a greater focus on generating passive
income from dividends.
Investment Income for Life
I hope to eventually build up my
monthly average passive income from dividends, interest, and rental to reach
around S$10K per month. On the stock investment front, I hope to craft out an
eventual S$500K S$1Mil in the stock portfolio.
Who dare wins.....create your own passive income and achieve financial independence. Be in control of your own destiny.
Who dare wins.....create your own passive income and achieve financial independence. Be in control of your own destiny.
Nice blog and very nice readings. Glad to know about you and your life philosophy. I completely agree to this thought of yours -
ReplyDeleteWho dare wins.....create your own passive income and achieve financial independence. Be in control of your own destiny.
Very well said!!