Top 10 ETFs on SGX

This is something I got from other website, keep for reference purpose.

Little Target, Tiny Target

China's richest person, Mr. Wang Jian Lin, chairman of Wanda group, in a recent high-profile interview, advised young Chinese to set up a little target of earning 100m RMB first when being asked of his success recipe to be a billionaire. This obviously created a big social hoo hah in the media. Many jokes were created since then.

Well, but I'm inspired and motivated at least.

I decided to set up my target, but not a little,  just a tiny target first. 

My tiny target:

I'll try to achieve an average ~15% CAGR of my net asset over the next 8 years, via calculated investment in CN, HK, SG and US market, to reach next stage of my financial freedom.

Why this target

- Based on my current net asset value, assuming a 3% dividend yield on these asset,

- Based on my current annual cost of living, and a 2% inflation, 

- Based on adhoc expenses in the futures, such as: medical cost, edu cost, etc.

Is this target achievable

My previous years‘ investment history shows that my average return:

- compounded from 2004~2015 is 16~17% in CN market(1st account), CN was going thru a rapid development stage during that period, GDP growth % is commonly 10+%, until slowed down to 7~8% from the later stage of 12th five-year.
- compounded from 2010-2015 is 8~9% in CN market (2nd account),  XIRR result is dragged down due to a big amount of cash is transferred from 1st account to 2nd account when I closed my 1st account in 2015.

- compounded from 1999-2013, roughly 3+% in SG market, a very disappointing return rate, with two excuses from myself and for myself: a) I just started stock investment and I'm just an ordinary person, everyone has such a learning period, and I no longer followed SG market shortly after 2009's GFC(what a mistake); b) I'm a bit dumb, it was more speculation than investment, I thought I was doing value investment, but I was actually doing (static) low PE investment(very dogmatic, isn't it).

It took me 15 years to finally obtain some skills of survival in stock market. So obviously an average 15% CAGR over 8 years is a very tall target to me, such result if w/o any leverage, could put anyone into the master league in the investment world, considering that whole world is facing the great challenges of inner growth , upon which fundamentally determines intrinsic values of the investment products, upon which greatly influences the return of these products.

Can I achieve it? My bottom line is 10~12%(my cash will not be depleted when I reach 90 even with an average 5~7% CPI inflation) , but I need a challenging target.

Let TIME be my witness of this wonderful journey.

A New Beginning

Today is a great day (every day is a great day) for a new Beginning!

Start

After coming back from Singapore over the weekend, I decided to create my very first English blog. With a Chinese educated background, it is somewhat a challenge to me. Good thing is that this new blog is going to record my personal journey towards Financial Freedom. It is somehow a topic I have been practicing for a long time, and hopefully I can reach it soon. With some years of acquaintance of this topic, and my own interest in this area, it probably helps remove some of my linguistic hurdles in composing the articles.

About the trip

Flight from Shanghai the city I'm currently living in, to Singapore is around 4 hours 45 mins, the journey is shorter than I thought, I remembered that it used to take around 6 hours some couple of years ago. The facility on the airplane is getting better too, in-flight entertainment system becomes a norm nowadays, even for CEAir(China Eastern Airline) on the mid/long haul routes. Flight meal of economy class is quite decent too. (What will be the competitive advantage of SIA in the future P2P direct link?) 

It was a short trip to Singapore from Sep 21st 2016 to 24th, for a family reason.  There are a lot of changes since my last visit, most visible to me: new MRT lines are built, so are large numbers of condos/apartments built in the vicinity of MRT stations, albeit small in sizes.

My personal life is very much intertwined with two cities: Shanghai and Singapore. The former where I was born, the latter where I worked for many years. Just like competitions in business, two cities are also competing with each other in order to lure more talents, to become de-facto business center/financial center of Asia. I'm fortunate to have lived in these two dynamic metropolitan cities.

Summary

Now back to investment, this is a cyber space where I'm intending to keep a history record of my own investment journey towards Financial Freedom. There are bloggers who are good at blogging, I'm not. There are investors who are successful investors, I'm stilling learning. I'd like to use this blog to help myself achieve the status of a successful investor with a good shareable blog, not a famous blogger with mediocre investment result. 

For now, I've two websites in Chinese (though not really blog since I seldom post articles): https://xueqiu.com/smic2010 and http://blog.sina.com.cn/smic2010. I'd like to complete this blog article with the following sentence(sited from my Chinese web site), to remind myself:

The key to successful investing is the purchase of shares in good business when market prices are at a large discount from underlying business values.

This is a new Beginning of a wonderful journey!