Thursday, October 19, 2017

Life After Getting Your Own House

I just started to live in my new house for a few days. And what follows was unpredictable.

Housework, cleaning, buying stuff, cooking, arranging for rectification, putting mahjong paper and then it repeats.

I no longer have any time for reading and much less for blogging. Over the last few days, I only looked at the stock market for about 10 to 15 mins each day.

Then one day, Simple Investor SG messaged me "Market drop suddenly".

Although I do not have enough time, but I still looked at the market for 5 seconds. Then I saw the STI at 3,334.91. I replied Simple Investor SG, "inform me only if STI was at 3000". Then I went back to my housework.

It is only on a afterthought that I realised why did I have this "super heck care" attitude?

There are a lot of reasons behind it.

1. Experience - I guess having been through a few number of hiccups, I don't think a minor correction will affect me. Furthermore, I have already allocated a percentage of cash that to reinvest in the market.

2. Already In-The-Money - As per my latest portfolio update, I am already on a 14% gain this year. Thus, I have more buffer for my portfolio to fall if necessary.

3. Ultimate Scorecard - I have a number of counters that has passed the Ultimate Scorecard. Thus, this kept me calm even in the mist of correction. The reason is because I know that for a counter to pass the scorecard it must have a certain number of abilities. Furthermore, if required, I can also keep the counter for a longer period.

In short, I believe my limited time in future must be used more effectively. Therefore, there will be more usage of fundamental scorecard website, less analysis of individual counter.

If you are interested to know more about The Ultimate Scorecard or Full Analysis, do click on this LINK to sign up for our 2nd Value/Growth Investing Workshop!

Oh... and do remember, please like our Facebook page (T.U.B Investing) and follow me on InvestingNote.

No comments:

Post a Comment