The Missus wasn’t feeling too good since the day before, and her condition didn’t seem to have improve much. Being the caring hubby I would like to think I am, I took a half-day leave yesterday so that I can keep an eye on her and take care of her.
Yes, work has always been busy and there are always tonnes of unfinished business no matter when. Few months or years down the road, no one is going to remember that one single day. It is simply one of those days.
I chose to spend this five hours making sure that the most important person in my life is well taken care of, because it matters to me. Because I care. Family always comes first, and I’m lucky to be in a position to say this.
With investing, the same could be said about focusing on the important things. Stock markets are volatile by nature. Don’t get distracted or obsessed by the ups and downs. If you really have to, it would be to take advantage of volatility.
Straits Times Index vs FTSE All-World Index
Straits Times Index (SGX:ES3) and FTSE All-World Index (LSE:VWRD) has fallen a fair bit from their height recently. For STI ETF, I made purchases at $3.07 and $2.81 after it breached my buy-prices prior to the market correction. For VWRD, I made a purchase at $62.13. What can I say? I was lucky to be overseas at the right time. By the time I got back to Singapore, the indexes were right at the lowest point. Sometimes, lady luck plays a part. Is the worst over? I have no freaking idea. If it nosedives again, I’ll be ready to buy again.
What is my goal when it comes to investing? Simply put, it is to achieve the kind of lifestyle whereby I can choose to work because I want to, and because work is enjoyable or meaningful to me.
Right now, I guess I’m still at the “baby-steps” phase with massive work to be done, but I have faith. Onward!
I typically skip through most of the blog posts focusing on individual stocks because that’s not really my thing. Some companies/stocks are far easier to understand than others, but others ..
While I have had my gung-ho days with Apple in the past, I felt that this article really illustrated how many investors are in over their heads when they think that they know what Apple stood for. Too much focus on the quarterly number of iPhones sold? Wondering if the new iPhone has a TSMC chip or a Samsung chip? Are they missing the elephant in the room? Or rather, do they know that the elephant is important?
I would not be at all surprised to see them be worth a lot more money 10 years from now but I would not buy either one of them. I sure as hell wouldn’t short them either.