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Cash is King. It is back!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 7, 2011
Just For Thinking .... We have been seeing some people have already cut their losses or cut short their profits to stay cash in hand. They believe that in the current market condition. Cash is King. It is back in fashion. We have to fully understand that Cash is King only when we can get back into the market to scoop up enough quantity of under valued stocks when market has fallen beyond recognition. But, seriously do we have the ability to recognize that market has fallen beyond recognition. I admit that I can't so I choose not to cut losses to lock in negative returns in my portfolio......
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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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