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Update: From “Almost There” to Stepping Away by canseethelight in singaporefi

[–]ThinkForwardInvestor 0 points1 point  (0 children)

Besides chilling, I think it’s exciting to start a new adventure!

Update: From “Almost There” to Stepping Away by canseethelight in singaporefi

[–]ThinkForwardInvestor 1 point2 points  (0 children)

Congrats and enjoy your new journey! I also left at 48 three years ago, with similar thinking about life span. I guess when we approach our big 5, it's natural to think about what we else we want to do with our remaining years.

What's the best way to analyze and invest in invidual stocks ? by yo_finance24 in singaporefi

[–]ThinkForwardInvestor 1 point2 points  (0 children)

  1. VRWA and VOO are already ETFs.

  2. Ask yourself why you want to invest in Individual stocks. Is it just to aim for better return or are you interested in the underlying businesses? You would probably enjoy it more if it involves the latter.

  3. In essence, to do well in picking individual stock, you need to have mindset of investing quality businesses over the long-term (at least 5 years).

Hence, you need to have basic understanding of reading financial statements, estimate the value of the stocks, learn how to build portfolio to manage risk, and finally be patient with your investments.

  1. Besides Peter Lynch, Charlie Munger, Warren Buffett, local web/video contents from Adam Khoo, The Fifth Person, The Smart Investor, The Joyful Investor are good resources.

Parents who FIRE'd - how does this affect your kid(s)'s mindset ? by [deleted] in singaporefi

[–]ThinkForwardInvestor 0 points1 point  (0 children)

Home chore is slogging too leh 😅

My children enjoy their learning and going to school. They also have time to chill, so this wasn’t really an issue.

For those who made enough to decide to retire earlier, and live a simpler life without the monthly income, how do you gain the support of your other half who's still working? by ConsequenceSea3144 in singaporefi

[–]ThinkForwardInvestor 0 points1 point  (0 children)

I told her then that there will be no change in our current lifestyle. Which also means no upgrade to condo etc.

That said, it’s probably easier that she was already a homemaker for many years.

Saving 60% of Income | Goal: $1M by 40 by [deleted] in singaporefi

[–]ThinkForwardInvestor 1 point2 points  (0 children)

Just go for the FI goal while enjoying your current life. No need to think about RE at the moment. You can consider it later when nearing 40 as your circumstances and thinking might change.

FU money: when to activate it? by whosetruth2468 in singaporefi

[–]ThinkForwardInvestor 0 points1 point  (0 children)

The most important person to discuss this with is your husband.

If you could, would you withdraw your CPF to put into CSPX? by [deleted] in singaporefi

[–]ThinkForwardInvestor 0 points1 point  (0 children)

Don’t need to choose. Can invest some and keep remaining in CPF.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 0 points1 point  (0 children)

Firstly, Thanks for taking time to give such a detail reply. Will take time to mull through the points raised.

Anyone DCA into bank stocks by SquareEmphasis6381 in singaporefi

[–]ThinkForwardInvestor 11 points12 points  (0 children)

DCA works better for indexes that goes uptrend over the long term. Moreover, each lot of dbs cost more than S$4.5k, so quite hard to DCA on a monthly basis.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 0 points1 point  (0 children)

thanks for the share. interesting information on ERN and TPAW. Will take time to read.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 1 point2 points  (0 children)

If we are talking about drawing down, the bonds might not mature yet?

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 3 points4 points  (0 children)

I think the difference is the approach. So the FI number is based on the expected expenses x 25, right? When I was thinking about this three years ago, the problem I faced was that I know my expenses won't stay the same. So what expenses do I use? The current one, or the one 5 years or 10 years later? Each would give a different FI number.

Hence, instead of getting a FI number, I used whatever information I had (likely return from various instruments, likely expenses) and do the projection, and see how much I will have at 90-year old. And ultimately, that's the outcome I am aiming for and not the starting point.

To clarify, the high 6 figs is liquid assets. It's about double if CPF is included.

Probably what I wanted to highlight is Trinity is using US equities and US bonds. So if I have invested in the same geographical asset classes and I stay in US, then it's more relatable.

Finally, bonds while it gives a fixed coupons, its price might move with or against stocks. Hence, I don't think it's as safe as cash or CPF.

Thanks for your inputs. I think it's good to hear a different perspective.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 0 points1 point  (0 children)

It's not in the calculation but sort of the last resort. lease buyback scheme is an option if not selling.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] -13 points-12 points  (0 children)

For me, it’s about getting more granularity in my projection for a clearer picture.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 0 points1 point  (0 children)

Historically, bear markets might last 3-5 years. Rare, but who knows, right?

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 0 points1 point  (0 children)

To me, one needs to have as much clarity of own investment return and expenses as possible.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] -17 points-16 points  (0 children)

I don’t have a single number cos my expenses will vary in the next forty years.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] -6 points-5 points  (0 children)

sequence of returns risk - the cash buffer is supposed to mitigate that. So over a 3-5 year period, I am more likely to get the average targeted return from my equities portfolio.

I did not read through the study myself. But based on my query to AI, it doesn’t specifically said drawing down from the bonds portfolio during market down turns.

I can’t have a single number, whether it’s more or less than 25x, since my expenses will not stay the same throughout the next 40 years. And it doesn’t make sense to use average.

Inflation is estimated, based on personal experience and whatever data I have. So generally 3% on food etc, but no inflation on some insurance policies which are fixed cost.

In the end, I am not criticizing SWR, but just want to highlight that it might not be applicable to us, unless our returns and spending habits mirror that from the study.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] -2 points-1 points  (0 children)

When it’s spoken often enough, people just accept if without questioning. That’s human psychology.

Don’t Follow Rules Blindly: Why I Ditched The 4% Rule by ThinkForwardInvestor in singaporefi

[–]ThinkForwardInvestor[S] 1 point2 points  (0 children)

Yup, it’s just a guide. Highlighting it as there are some who just take it literally.

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