Limster last time shared before as well….too bad don’t have any sgd hedged types.
That is very smart of you
for me I just bought more MBH since mid 2023
why IDTL and not TLT? TLT has more liquidity
Initially i tot IDTL lesser WHT of 15%…..after that i realised IDTL zero WHT and i believe TLT also no WHT
I also have MBH (full allocation liao)
What's full allocation for MBH?
I mean my own intended allocation %
Cumulative return should be TWR, not MWR (default setting in IBKR).
So whether money is pumped in or not, can be double-edged sword:
Since Adam Khoo's cumulative TWR (dark blue line 180%) > benchmark (SPX, green line 120%), that's basically good performance.
- TWR < benchmark if bad decisions are made,
- TWR > benchmark if good decisions are made.
The return has to be judged in a context as mentioned above, cannot be judged in isolation.
After long and deep thought, I realise the below:
Regarding the peak value in 2021, he mainly add or rotates between holdings and don't go 100% cash at all, then it means he will NEVER realise the full value of the portfolio as cash in 2021.
So for this strategy of staying forever invested in markets, where supposedly it incurs less opportunity cost than buying and selling frequently (trading), the start and end point for evaluation has to be very long, i.e. decades. Example would be: start work and invest at 25 years old, retire at 55 years old (total: 30 years).
Then peak portfolio values in between actually don't really matter. Hence, it is fruitless for me to point out that the drawdown in 2022 is as large as the profits gained from Covid bubble since it will never become cash.
@d5dude, any comments about this as you are also doing something like this, staying fully invested while rotating between different assets?
I need to remember this. To convert some bonds to high yield cash account when the yield is too low to avoid the similar sell off of the rate cuts of 2022/23
Liquid net worth finally exceeded 400k which was faster than expected.
Total net worth exceeded 600k too. Hopefully the next 400k would come fast too ... and yes I am BBFA with financially sound parents that's why I can save so much if you wondering@sohguanh
It can go the other way too wife see you many monies marry you then pester you for monies help her family side. So keeping single is best choice.
High earning wife so easy to find and they so easy see you ok har? Sometimes we must see ourselves in front of the mirror leh. So having own ability to earn monies is best no need see mirror. Young man got strong teeth no need eat soft rice. Me young seniors maybe need as teeth kosong liao but then need check mirror to pass first.
How old are you?Liquid net worth finally exceeded 400k which was faster than expected.
Total net worth exceeded 600k too. Hopefully the next 400k would come fast too ... and yes I am BBFA with financially sound parents that's why I can save so much if you wondering
early 30s
Everyone is a liability or potential liability to himBro, It's easy if you're not a fugly.
You've choices, date some and pick the best.
I didn't suggest anyone to eat soft rice.
What does she bring to the table? Is she an asset or a liability?
The way you described about the money grabbing wife (and your children), it seems to me that you've committed a series of bad life decisions.
Care to share? We all can learn from your mistakes.
Life is too short to condemn yourself to a lifetime of servitude. Be smart, cut your losses.
