Friday, July 3, 2020

Mental Overview

During these few exciting months
after many evening walks
calming my mind and thinking about investments
I made some mental targets
that if I have 230k of investments
before the full price recovery
I should be able to hit 300k before age 40 with a combination of recovery and growth
300k is decent, considering my target is to hit 500k by 45 yo
so now I would like to do some mental estimation
to see where I am at

ocbc share financing - 30k
poems share financing - 30k
cdp - 50k
dbs share financing - 60k
IG CFD - 40k

so total is 210k,
which is pretty good
I should not force or rush the target of 230k
even if it means that the market recovers and I do not buy again
some distance away from the target can act as a buffer
in case the market has a bad crash again.
If there is no chance to buy again, I should be happy and contented with what I bought

having some buffer is good
it is like still having bullets
to eat some if the market plunge further again

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