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When the global stock market fell, even the greatest investors portfolio also follow suit.

A 40% drop was what hit Warren Buffet’s investment portfolio ?; arguably the greatest investor at the time, when the global stock market fell back in 2008.
Today, Warren Buffet’s net worth is $116 billion in May 2022 ?, so it’s easy to disregard the staggering amount his portfolio lost during the Financial Tsunami of 2008, which was an eyewatering $25billion in less than a year.
It’s understandable that we’re not as rich as Warren Buffet, hence seeing our portfolios plummeting will lead to a rush to sell off all our stocks to avoid being consumed by losses. While we also know that entering the market when it has bottomed is the best time to do so, catching the bottom is almost an impossible feat.
So, instead of trying to catch the bottom, here are two lessons we can learn from Warren Buffet when growing our wealth.
? 99% of Warren Buffet’s wealth was earned after his 52nd birthday.
“My wealth has come from a combination of living in America, some lucky genes, and compound interest,” he once wrote.
Patience is the key to investing like Warren Buffet, but it is one of the most difficult tasks for many investors due to the influence of social media postings from Financial Influencers on how they build up their net worth over a short span of time ⏰.
? Compounding is not a straight line
Businesses with great business models and moats can also fall when a financial crisis hits. Because of this, we should not expect compounding to be a straight line all the time.
Take it from the master himself; Warren Buffet ignored whatever was happening to the market and continued to invest using the power of compounding. With this model, he was able to turn his net worth from $5,000 at the age of 14 to $58.5 billion at the age of 58.
If you believe in the power of compounding like Warren Buffet and want to grow your portfolio during this opportune time due to the market volatility, feel free to click on the link in the comments below, and let’s explore further.

Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek independent financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

Published By:

Wong Kum Soon 王锦顺

I am a former Army Officer and I started planning for my own retirement when I am in my twenties.

As a Civil Servant, I was drawing a comfortable salary and most of us will agree that a career in the Civil Service is an iron rice bowl ?

As time goes by, I noticed my peers who are working in the private sector are doing better than me financially even though I had a head-start. ? It sets me thinking that while a career in the Civil Service provides me with financial stability, it does not guarantee me a passive income and financial freedom if I do not acquire the financial knowledge to invest and manage my wealth.

As I went on a journey to achieve financial freedom, I fell in love with investment planning, retirement planning, and wealth management. I decided to embark on a career as a financial advisor after I realized that I am in the position to help many of my peers who started to ask me for advice with their finances.

Today, I am blessed with a clientele that includes teachers, tertiary lecturers, senior civil servants, busy professionals, and even an investment director of a private equity company. I am also the current Vice Chairman of the Investment Committee for Kwong Wai Siew Peck San Theng (碧山亭)

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根据《个人数据保护法》，鑫盟理财私人有限公司征求您的同意向您收集并使用您的个人信息。鑫盟理财将根据公司的个人数据保护政策所阐述的用途使用您的个人资料（例如姓名，证件号码，联系电话，邮寄地址，电邮地址和照片）。 该政策可在本公司网站上查寻，网址为 https://fa.com.sg/data-protection-policy/.

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  • Financial Alliance Pte Ltd ( “FAPL”) is licensed by the Monetary Authority of Singapore (“MAS”) and allowed to conduct financial advisory activities in accordance with the Financial Advisers Act (Cap. 110) (“FAA”) and the Securities & Futures Act (Cap. 289) (“SFA”) within the jurisdiction of the Republic of Singapore and in accordance with the licenses granted by MAS
  • 鑫盟理财私人有限公司( “鑫盟理财”)持有由新加坡金融管理局(“MAS”)所颁发的牌照，并许可在新加坡共和国境内依据财务顾问法（第110章）和证券与期货交易法（第289章）进行财务咨询等相关业务
  • Any services provided by FAPL to persons not ordinarily resident in Singapore are provided solely on an offshore basis from Singapore, resulting from direct enquiry on the part of the foreign residents.
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  • As an integral part of the provision of such services, FAPL may from time to time make available to such residents, documents and information making reference to capital markets products (for example, in connection with the provision of fund management or investment advisory services outside of the foreign jurisdiction).
  • 作为提供此类服务的一部分，鑫盟理财会不时向此类咨询者提供有关产品的参考文件和信息（例如，关于海外司法管辖区以外的资金管理或投资咨询服务等信息）。
  • Such documents and information are provided by Financial Alliance Pte Ltd (“FAPL”) is for general information only and is not intended for anyone other than the recipient.
  • 此类由鑫盟理财所提供的文件和信息仅供收件人做一般信息参考。
  • It does not take into account the specific investment objectives, financial situation or particular needs of any particular person.
  • 此类文件和信息不会把-个人投资目标，财务状况或其特定需求等考虑在内。
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  • 鑫盟理财向该人士提供此类文件和信息将不构成要约或招揽购买或出售或认购任何此类资本市场产品，或达成交易或参与任何特定的投资策略，也不构成有关此类金融产品的建议或推荐。
  • These documents may not be published, circulated, reproduced or distributed in whole or in part to any other person without FAPL’s prior written consent.
  • 未经鑫盟理财的事先书面同意，不得将这些文件全文或部分发布，传播，复制或分发给其他人。
  • This document is not intended for distribution to, publication or use by any person in any jurisdiction, where such distribution, publication or use would be contrary to applicable law or would subject FAPL and its related corporations, connected persons, associated persons and/or affiliates to any registration, licensing or other requirements within such jurisdiction.
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  • You shall ensure that you have and will continue to be fully compliant with all applicable laws in your home country when entering into discussion or contracts with FAPL.
  • 在与鑫盟理财进行讨论或签订合约时，您应确保您已完全遵守并将继续遵守您所在原居住国的所有适用法律及条规。

In compliance with the Personal Data Protection Act, Financial Alliance Pte Ltd (“FAPL”) seek your consent to collect and use your personal data (e.g. name, NRIC, contact numbers, mailing addresses, email addresses and photograph) for the purposes of and in accordance with FAPL’s Data Protection Policy, which can be found on FAPL’s website at https://fa.com.sg/data-protection-policy/.

根据《个人数据保护法》，鑫盟理财私人有限公司征求您的同意向您收集并使用您的个人信息。鑫盟理财将根据公司的个人数据保护政策所阐述的用途使用您的个人资料（例如姓名，证件号码，联系电话，邮寄地址，电邮地址和照片）。 该政策可在本公司网站上查寻，网址为 https://fa.com.sg/data-protection-policy/.

By submitting this form, you are deemed to have read and understood FAPL’s Personal Data Policy.

提交此表格，即表示您已阅读并理解鑫盟理财私人有限公司的个人数据政策