Saturday, August 6, 2011

Tracking of growth / net worth

It's another year or two, and by tracking the details and % of my net worth, I know that the methods put into use / habits are still working and working great. My yearly (moving 12 months) growth's average is still 28% to 30%+ and the median is 24% to 27% . Woo hoo!

Eh, not all of it is due to investments' returns yar, it's also due to my crazy savings (to me it is crazy mar 40%+ excluding bonus, 70%+ including bonus), enabled by simplifying my life.

Side note, just as a statistic, if you save 43% of your investments returns' and spend only 57%, your $ will never be finished - assuming 8%pa returns and 6% inflation.

Please note - this post is not to brag but to share
a. If U track it, U can manage it better (look at corporations & business world)
b. As U track it, U will "see the light at the end of the tunnel", and it's not an oncoming train :P
c. Simplify, save and invest

Updates on my 1st Investment Property

Hm.. prices shot up like nuts already. I've gotten several offers to buy it off my hand and have finally accepted one - hey, if the market is so eager and chasing things higher, who am I to stand in the way yar? :P

Anyways, IMHO, back to basics.
When the market is crazy, high on fumes and is willing to pay dearly for stuff, i sell.
When the market is crazy, manic depressive and is willing to discount heavily to get rid of stuff, i buy.

Works well in the long run without crystal balls.

2011 08 05 Fri - another Black Fri


2011 08 05 Fri - Anyone here ran with their hair on fire, looking at the plunge in Dow and the rest of the financial markets?
Heheh - in Malaysia here, i happily gobbled up 2 REITs at bargain prices, thus good gross Dividend Yield expected of 8%+/-, BSDREIT and ARREIT. Too bad others on my target did not drop to my trigger price :P