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He won $70K in a day; but lost so much more
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 9, 2012
Sat, July 7, 2012, ST Sleepless. he had gone to the casino one night in Jun 2010. He won $1,000 that night and another $1,000 the following day. On the third day, he won $70,000 and "it changed my life, he recalled. But his winning streak quickly turned into a long run of losses, and soon, he was steeped in debt, owing $70,000 to banks, money-lenders, friends, distant relatives and family members. Createwealth8888: Sometime in life, our easy and big winning may not turn out to be a good thing; but may one day come back to haunt us even more. In 2007, I bet big and won big. Of course, I thought I finally discovered the Secret of making money in the stock market and become rich from stocks. Feb 07: $36K May 07: $23K Jul 07: $28K Oct 07: $16K Lowest win was $2.6K But in 2008 I lost all ......
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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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