00535 Start Personal Finance with Cash Flow: Investing Without Understanding Cash Flow Is Like Feeling an Elephant Blindfolded. October 11, 2025

Related Materials

• Previous presentation: 00534 Retirement Asset Allocation and Withdrawal Rates: Staying Alive Matters More Than Returns. October 4, 2025
• Next presentation: 00536 People Who Use AI Get Busier; People Who Invest in QQQ Get Freer: Learning to Invest Is the Real Artificial Intelligence. October 18, 2025

Document Text

The market only rises over the long run

Clubhouse casual investing chat, CLEC YouTube, October 11, 2025, video number 00535.

Market volatility has nothing to do with me!

• Market volatility has nothing to do with me!

• The international situation has nothing to do with me!

• Market analysis has nothing to do with me!

• Market volatility has nothing to do with me!

• The economy has nothing to do with me!

• None of it has anything to do with me!

• Ignore market noise and volatility!

New friends, please watch the video below

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Blind investing without learning is dangerous

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The relationship between different asset allocations and withdrawal rates

• • This is primarily for those who have retired without income.
• • People close to retirement should do the same.
• • For friends who are more than 10 years away from retirement, a little bit higher, of course.
• • Different people with different asset allocations can use different asset allocations to draw the right proportion for their living needs, and all asset allocations decide on the annual draw rate before determining the cash ratio.
• • When you're in cash, Beta will be in a section, and you'll need a lot of people to beta lower.

• With 30% cash, the highest-beta allocation is 433: 40% QQQ or 00662, 30% QLD or 00670L, and 30% money market fund 00865B, SGOV, SWVXX, or BOXX. Beta is 1.0 and the withdrawal rate is up to 2%. The lowest-beta allocation is 70/30, also called 703: 70% QQQ or 00662 and 30% money market fund 00865B, SGOV, SWVXX, or BOXX. Beta is 0.7 and the withdrawal rate is up to 3%.

• :: 40 per cent of the allocation of cash, the highest beta, is 334 (30 per cent QQQ or 00662; 30 per cent QLD (00670L); 40 per cent of the currency market fund, 00865B (SGOV; SWVXX; BOXX) is 0.9 per cent, the highest is 3 per cent of the asset, the lowest is 6040 of the asset allocation or called (604 per cent) (60 per cent QQQ or 00662); 40 per cent of the currency market fund, 00865B (SGOV; SWVXX; BOXX) is 4 per cent of the asset allocation.

• :: 50 per cent cash asset allocation, with the highest beta being 325 (30 per cent QQQ or 00662; 20 per cent QLD (00670L); 50 per cent currency market fund, 00865B (SGOV; SWVXX; BOXX) beta 0.7, with the lowest being 5050 asset allocation or called (505) (50 per cent QQQ or 00662); 50 per cent currency market fund, 00865B (SGOV; SWVXX; BOXX) asset allocation is 5 per cent.

• • There is no income for retired persons, and the 15 years of cash is a secure cash level.

It is difficult to start with 15 years of cash, and it is not absolutely necessary.

• • The compromise is based on the previous asset allocation, and when the market rises, you can rebalance the cash to 15 years’ worth.
• • The drop in cash from the top of the market is not enough for more than 15 years, and the fall in the year should not be as balanced as possible. If the rise is not 15 years of cash, there is a risk that the fall in the year will be more balanced.
• • Only when there is more than 15 years of cash at the highest point is the decline in the balance. For example, with 18 years of spending at the top, three years of decline can be rebalanced.

• :: For long-term investing, staying alive matters more than returns.

• It's a steady practice to have 15 years of cash at the top of the market. All investment allocations are very personal, and it is important to have an in-depth understanding of the most appropriate asset allocation and strategy.

• "Exoneration statement."

• This section and the film are shared experiences, non-professional investments or tax advice, and self-determination and due diligence. Investment is risky and the market needs to be cautious.

CLEC has no discussion groups, and we have not authorized anyone to act on our behalf.

• We don't know any group of members and their purpose, and we're vulnerable to being infiltrated by people with a heart.

The investments we recommend are mainly the Nasdaq 100 index fund QQQ and the corresponding local ETFs issued in each country.

• Not all financial experts, including Charles Schwab financial consultant. They can assist in the opening of the account, but they do not recommend that the ETF or other financial items proposed by them be fully taken into account.

• In the long run, the Nasdaq 100 and S& funds are the best investments. Other individual stocks, funds, and financial products are usually less helpful for successful investing and should be avoided.

We recommend investing 100% in the Nasdaq 100 index fund

• In the United States: buy QQQ, or QQQM if capital is limited. Cash can go into Money Market SWVXX or short-term Treasury ETFs such as BIL, SGOV, and BOXX.

• Taiwan investors: consider Fubon NASDAQ 00662. For cash, consider CTBC U.S. Government 0-1 Year Bond ETF (00865B.TW).

• Chinese investors: It is proposed to invest 513100/5133/160213/159941/16130/159660.

• Hong Kong investors: consider HKD 3086, USD 9086, ETF 2834 (HKD) / 9834 (USD).

• Canadian investors: QQQ in US dollars, or QQC. TO/ETF (HXQ. TO).

• Australian investors: recommend NDQ purchases.

• UK investors: IShares VII Public Limited Company - iShares Nasdaq 100 UCITS ETF (CNDX.L) is recommended for US dollars; Europe recommends EQQQ, SP500.

• Brazil: The recently launched NASD 11 is the NASD11.

• Japanese investors: consider 2568 / 1545 / 2631.

• Malaysians and Singaporeans: QQQ can be bought through poems cash plus trading accounts.

• Korea: recommended QQQ ETFs include 368590.KS / 133690.KS / 367380.KS.

Since 2018, we have kept all videos on YouTube so everyone can study investing in chronological order

• https://docs.google.com/file/d/1RMnRsR82hQGj9T7dTZqs5A9q_p4lmbwa/edit?usp=docslist_api&filetype=msword

Since 2018, we have kept all videos on YouTube so everyone can study investing in chronological order.

• The video reflects the market situation and the right investment decisions, but with time, some strategies may no longer be appropriate, and these are valuable learning resources.

• The viewers should be able to think about the content of the film in conjunction with the market and develop their own thinking and judgement skills.

• Some of our early investment proposals included certain shares and general funds, which were good investment options at the time, but the right ones also needed to consider individual risk tolerance and investment strategies.

The current social media environment changes quickly, and channels may be blocked or removed without warning.

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In addition to YouTube, please also follow our Facebook, Podcast, or Clubhouse channels. If one platform is restricted or shut down, you can still get the latest updates through other platforms.

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Investors stay extremely optimistic!

Investors always face the sun!

The market will eventually rise!

Investment needs patience!

Wealth is worth waiting for!

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The market keeps rising over time

Watch on YouTube

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The new CLEC Podcast channel has been approved. Please subscribe!

• Apple Podcast platform: https://podcasts.apple.com/us/podcast/clec-investment-and-financial-management-channel/id1844141389//

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Pledged stock and the stock market belong in the same asset allocation

• The distribution of assets is not related to the pledge.

• Both pledged stock and stock market exposure belong in the same asset allocation.

• The distribution of assets will not differ because you are a hostage-borrower or a money market fund.

It's only possible if you want to watch and learn.

• If you don't watch and learn, it's the way the blind see to invest, the risk is high and the failure rate is high.

So you remember that whatever the age of investment or investment allocation, you have to calculate the monthly cash flow.

• The first step in finance management is to manage the "cash flow", which many people see only high dividends or growth, a brain loan, a mortgage, and an investment without knowing that they can't afford.

• It is not just high-equity investments in the stock market, but many investors in real estate, especially for pre-sold houses or young friends, think they can make money, but they don’t find their own cash flow sufficient until they have to pay for the house or to take loans.

• So you all remember that regardless of the age of investment or investment allocation, you have to calculate the monthly cash flow.

• What's a cash stream, a free cash stream, is a free cash stream where you can get a steady flow of cash per month that can be used free of charge after deducting costs.

• The steady monthly cash flow is much larger than the monthly cash flow of spending, which is a positive free cash flow and a healthy financial situation.

• If you look at a company's financials, if you look at a profit statement, you make a lot of money, but if you look at a free cash flow that's negative, the company has a questionable risk. Where did the money go?

• So much of the analysis depends on whether the free cash flow of a company has grown, because the free cash flow is the shareholder’s gain, and the free cash flow is the real reward for the profits.

It's the best strategy for investment to follow its own plan.

• Investment is simple, and it takes no time, to make the strategy self-directed "rich." We're focused on doing what we're happy about.

I do not need to chase stocks

• It’s not just about money, it’s about money.

• Just lie down and make money!

CLEC Investment Academy 00451 "2024": The first investment lesson, an investment life lecture worth NT$100 million, December 29, 2023, CLEC Investment Channel: https://youtu.be/4FMjmyBpTzw

The market rises every day. That is wonderful and joyful.

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• Or e-mail me.

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