During my due diligence before an investment purchase, we worry about the consequence of a regrettable, unprofitable buy.  The original title of this blogpost is “fear@bad investment”. My worries are quite concrete, not abstract or theoretical. The worries are different for each asset class.

— Asset: gold .. trough risk is my only worry i.e. long trough
🙁 DYOC is negative. adding salt to the wound.
— Asset: HY/PE .. credit risk is my only worry, i.e. capital loss
— Asset: overseas rEstate .. country risk is my main worry including policy risk, legal risk, national economy risk, currency risk,,
Trough risk is secondary.
— Asset: SG rental property.. trough risk is my main worry, but the DYOC is a good compensation for this risk.
There’s also some non-negligible country risk because the resale demand is largely foreign hot money, and rental demand is primarily foreigners.

— Asset: divStocks [including funds] .. trough risk is my only worry, but lower than SG condos
— Asset: regular mufu .. trough risk is the main worry, based on decades of experience since 1997
🙁 expense ratio adds salt to the would, though dividend from the underlying stocks can sometimes come to the rescue
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Unexpectedly, after many years of heavy investments into mufu, rEstate, stocks.. now I’m more comfortable with the fears and worries. In contrast, I now worry more about PIP, parenting, FOLB,

Why the mellowness, peace .. against those financial risks? I can pinpoint a few factors

• career longevity
• cpfLife
• brbr, Fuller Wealth