RDPD富爸穷爸
2023-01-07

Goals for 2023

1) Stay healthy, health is wealth. No amount of money can bring back your health. To investors who lose money and having sleepless nights over your investment, you had either take on a bigger risk that you cannot stomach or you bought into a business that's not profitable/ no longer having a sustainable economic moat. Knowing when to cut loss play an important part in building a resilient investment portfolio.

2) My goal each year has always been beating the market. Was 2022 a bad year? It depends on how one see it. As Adam Khoo had mentioned in his YouTube video, if your goal and objective is to build an investment portfolio to beat the market over the long haul and achieve higher return, then 2022 is a good year to build your investment portfolio. Mr Market depressing mood give investors times and opportunities to build our portfolio and set us up for the next bull run that may last another 5-10 years. When life gives you lemons, make lemonade 😉.

3) To have sufficient cash to DCA. This is a tough one as most of my cash had been vested into my investment and trading portfolio and my new home. Setting aside a portion of cash from my salary and having a diversified portfolio that consists of dividend stocks will help to bring in another source of income that helps to recycle them back into my investment portfolio (if the prices remain low of course)

@TigerEvents  ☝️



Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • koolgal
    2023-01-07
    koolgal
    May you achieve your goals for 2023. Here's wishing Good Health Happiness and Prosperity now and always 😍😍😍🍀🍀🍀🌈🌈🌈
    • RDPD富爸穷爸
      Thank you and likewise let's hope for a prosperous 2023 [love you] [Heart]
    • koolgalReplyRDPD富爸穷爸
      Thanks!  Let's look forward to Bright and Prosperous 2023🥂🥂🥂🍀🍀🍀🌈🌈🌈😍😍😍
  • Kaixiang
    2023-01-07
    Kaixiang
    All the best in achieving your goals for 2023! Huat ah! [Grin]
  • HelenJanet
    2023-01-08
    HelenJanet
    Thanks for sharing and all the best to achieve your goals 🌈🌈🍀🍀
    • RDPD富爸穷爸
      Hope you achieve your targets and goal objectives too, and wish you a healthy and prosperous 2023 🎉
  • LMSunshine
    2023-01-07
    LMSunshine
    Nice one❣️
  • K74
    2023-01-07
    K74
    Thanks
  • bluemerlion
    2023-01-07
    bluemerlion
    Ok
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