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Trade or Invest for income?
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 6, 2012
Just For Thinking .... Read? Selling Weekly Options for Income??? Read? Does 3 strikes make a good bowler? Like bowling, any bowler may get lucky sometime and get a few strikes in their games; but a professional bowler can consistently get strikes in any game. That is world of difference! It is same as trading for income. It is a professional job and requires plenty of time, skills and knowledge to prefect it to be able to consistently make money from trading and generate a stream of income. But, investing for income is a lot easier. You may just need to visit a handful of investment bloggers to get some clues on passive income investing and have some ideas on how to do it. Investing for income It is like cowboys buying a herd of cows for milk. Cowboys just care about the milk and don't seriously bother with daily market price ......
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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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