Parts of Bayonne near the parks are not inferior to those prime locations..
Tag: t_upto4
lucky: dabao may!!need big$for branded uni
I think there’s a high chance that Dabao may not be the academic type to benefit from a Ivy League education. So I don’t need to set aside big amount 🙂
[20] best strategy against pTax=earn rent
[19]Nortel-risk: accepted as outlier#R.Xia
If you hold a stock long term till recovery, while earning a 2% dividend cash-flow [1] you may hit a bankruptcy.
Nortel and Lehman went bankrupt, but XR pointed out this risk is real yet very low.
[1] For 6k invested, $120/Y dividend is 2%, though current dividend yield could be 4% if the 6K is currently worth 3k.
%%cohort r more keen@windfall !!income
I’m clearly more proud of my high-income investments. My peers generally feel “6% a year passive income over 10 years … only 60% profit over 10 years… Too low too slow.”
I asked only a few peer investors. I can only assume that most of my friends in my cohort are not debt-free. I feel most of them are not only dreaming but aiming at a 200k->$500k-1M windfall, over 5-10Y. My wife might be one of them.
Q: So how much risk capital are they committing for that target windfall? 100k? 200k?
Q: is that level of return realistic? I guess only tech stocks and BTC can deliver 30%/Y compound return, usually low growth, low growth … short bursts of high growth.
I don’t want to overthink this question, since it affects only them, not me.
Q: Did I ever aim at that target and how did I decide to stop?
A: perhaps I was never so ambitious so hungry for windfall, after I become an investor.
[19] wife+I will prefer Tropical retirement #sun birds
grandparents and many U.S. retirees (sun birds) prefer warm. Grandpa said that he was not picky about food or weather. I think aging has made him less tolerant and more “picky”.
In winters, they (either come to Singapore or) prefer staying indoor. They felt very confined and uncomfortable but that’s the lesser of two evils — going out is too risky, as catching the cold is serious.
My wife hates cold weather.
As I get older over the recent years (2017-2019), I have started experiencing a desire for warmer climate like SG / MYS.
— U.S. — Virtually, all the popular retirement destinations among U.S. retirees are tropical including Spain, Latam and SEAsia. Few retirees prefer the cold weather.
Florida has an industry built over decades.
Arizona is another sun bird state.
## retire in Chinese communities
ranked in terms of Chinese community + other factors
- Singapore — default choice
- Chn: Beijing + southern city
- MYS: my#3 retirement destination #cost fig
- Flushing? Much smaller Chinese community
landload^tenant’s rights on repairs
unlearn Asia market principles #U.S.
high correlation but big under-performance #mining
–Commodity price ^ commodity stock price have high correlation, but over a long horizon, commodity price can climb very high — not possible for the mining stocks.
I believe the mining companies face lots of competition. They aren’t always “best managed companies”
–EM stocks ^ U.S. stocks have high correlation, but over a long horizon U.S. stocks usually outperforms.