Invest
Investing Made Simple by Uncle8888 (19)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 13, 2011
Read? Investing Made Simple by Uncle8888 (18) In Uncle8888 series (16) - How to invest and make big money in the stock market? The key learning point is "Men who can both be right and sit tight are uncommon." Uncle8888 also mentioned "Buy and Hold is Dead".
  1. Men who can both be right and sit tight are uncommon.
  2. Buy and Hold is Dead.
Two questions arise from the above two statements.
  1. Does these two statements contradict each other?
  2. Is statement No 1 useless advice?  (Brolp said: it's useless advice actually - when right sit tight. It's almost like saying when it's raining, bring an umbrella.)
The answers are:
  1. The two statements do not contradict each other.
  2. It is useful advice.
How does Uncle8888 know that when he is right and sit tight? There are two conditions. Both conditions must be met before he ......
Read the full article
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!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance