Life can be unexpectedly shorter while we plan decades ahead for our retirement; so we must remember to spend some of our money for the present too. Money not spend by us is not ours but belongs to others.
Just heard one ex-colleague at age of 39 who is single had stroke last night and in ICU on life support. His family decided to let him go tomorrow.
Assuming 2.5% annual inflation rate from 2020 to 2032.
Uncle8888 has more than 12 years or up to 2032 at age of 75 over the next market crash to deploy significantly his war chest to achieve his net worth asset allocation through this strategy of know enough, know your yield, know your risk.
TEMASEK Holdings on Tuesday reported a one-year total shareholder return (TSR) of 1.49 per cent for the 12 months ended March 31, 2019, reflecting market volatility as it warned of lower returns expectations for the longer term amid weak global growth.
This compared with the 12.2 per cent TSR posted in the year-ago period, with TSR a compounded and annualised measure that includes dividends paid to its shareholder but that excludes its shareholder's capital injections. Compounded over 45 years since its inception in 1974, annualised returns stood at 15 per cent.
The Singapore investment firm's net portfolio value grew to S$313 billion, up from S$308 billion a year ago on a Sing-dollar conversion basis, it said in its annual report released on Tuesday.
During the year under review, Temasek shifted into divestment mode, divesting S$28 billion in assets, and investing about S$24 billion in the same period. Temasek had guided a year ago that given the market outlook, it may recalibrate and slow its investment pace over the next nine to 18 months.
Temasek received dividend income of S$9 billion from its portfolio.
In US dollar nominal terms, GIC’s portfolio returns were 5.5 per cent per annum over the last 20 years, slightly above the 5.2 per cent annualised return from its reference portfolio. The latter, made up of 65 per cent global equities and 35 per cent global bonds, refers to the risk that GIC can take to generate good long-term investment returns.