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Small retail investors so excited over SCB
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 19, 2011
For the past few weeks, there was so much excitement at Singapore No 1 investment cbox over SCB who is so kind to level the playing field for spider monkeys with no minimum commission brokerage.
Spider monkeys can now swing from tree to tree to pluck coconuts here and there at very low cost. Since these coconuts can be plucked at very low cost why worry whether the coconut is green, yellow or brown. No problem, just try one coconut at a time.
In investing, I have seen many successful investors learning their lesson from their most painful and unforgettable lesson of big losses before they became wiser.
Small losses here and there will not teach the spider monkeys the truth of investing. There will not be enough pain to hit them harder and make them learn from the painful lessons and become wiser in investing.
I think there is some similarity between ...
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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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