[net asset review] 2HCY17

Thoughts

I did a liquid asset review some time in Aug 2017 ( see here), and i hope to keep doing it so that i can look at the macro-trend where i am going. it is very easy to be engrossed in all the trading and forget where this journey is suppose to lead me to. my next review will be in June 2018.

Liquid Assets ( Cash + Equities)

explanation. the initial total asset is assumed to be 1.00, this allows my equities and cash to be normalised, and subsequently it is easy for me to look at how much my liquid assets have growth.

current. liquid asset is in the low 6-digit figure.

time to double. took 2 years to double my original sum. this is considering (i) salary increment, (ii) investing in bullish markets, (iii) increased competency in trading.

end-goal. i shared than my aim is to reach 20.00 by 45. I still have 14 years to achieve it. if i grow linearly, it is unlikely. i need to grow exponentially to have a chance at 20x by 45.

comments. my currently means of achieving 20x liquid asset is through 3 means (work, income investing, trading). 

• for work, i will try to find another job or work hardly over the next 5 years to try to double my salary.

• for income investing, i currently have about 0.25 of net asset in this area, i will try to increase this to .40- .5  over the period of 2018 where there are opportunities.

• for trading, i have been focused on very detail stuff ( like entry and exit, scanning counters) for the most of 2017. more or less, i have settled it with my trading strategy (here), going forward will mean i need to allocate a meaningful amount of resources to this. to justify for my efforts, or integrate it into my overall wealth building strategy.

conclusion. 2018, will need me to get new work or find a way to propel myself forward; will need me to seek out positions to double my income assets; will require me to integrate trading into my overall wealth building strategy.