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Fishing and Stock Market (4)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 11, 2012
Read? Fishing and Stock Market - III Why gone fishing is a good retreat for your investing skills? Patience You learn to be patient. You can only wait and wait for the moment of happiness to happen right in front of your eyes and you grab it with both hands. Control You learn that you have absolutely no control in the market (sea). You can't see anything under the sea whether there are fishes (opportunities) coming soon or obstacles (risks) lying there waiting to break your lines. You learn to let go your ideas that you are in control and let the market (sea) do what it needs to do. Risks You can take lower risks by catching ikan kunings and tambans by the quayside or take higher risks by fishing in the deeper water for biggies but they may break your lines. ...
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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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