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Investing Made Simple by Uncle8888 (12)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 16, 2011
Read? Investing Made Simple by Uncle8888 (11) Clearly Know What You Really WANT or  NEED; you may be financially better off! WANT or NEED? Classic example of WANT and NEED is a Car. Most people will WANT car. Right? But how many people really NEED car? A salesperson who travels around the island doing sales will definitely NEED a car to be productive and efficient. Does a desk-bound office worker in CBD area traveling only from his home to office and back really NEED a car? For the same desk-bound office workers without car; they may have more saving and may have more money for investment. If they manage to do well in their investment, they will be financially better off in the long run. Investing in Stock Market Do retail investors clearly know what they really NEED or WANT in the stock market? Uncle8888 have no doubt that it is quite easy to understand ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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