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XIRR/CAGR: Investor’s true performance indicator! (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  December 18, 2011
Read? XIRR/CAGR: Investor's true performance indicator! Investor A said: "I have made $100K passive income from the stock market in 2011" Investor B said: "I have made $250K passive income from the stock market in 2011" Wow, wow, wow! Did you say that? You must be impressed by the number! You may actually go and congratulate them, and hoping to learn from them as well. Sorry to tell you this! You have been affected by "trigger" number! It is similar to "trigger" words used by SMOL in his sales tactics to earn higher commissions. They are powerful!!! Read? The pleasure of naked skin over leather... Investment gurus who are conducting investment courses love to use "trigger" number and "trigger" words in their newspaper ads. It will help them to catch lots of potential investors to attend their free previews. During the previews, more "trigger" words and "trigger" numbers ......
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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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