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Investing Made Simple by Uncle8888 (37)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  August 3, 2013
Read? Investing Made Simple by Uncle8888 (36) Market Timing and Luck "Luck is the sense to recognise an opportunity and the ability to take advantage of it. Everyone has bad breaks, but everyone also has opportunities" - Samuel "Of course luck comes into it - It's all part of the numbers game. What's important to be conscious of is, if you prepare the ground properly, do the best you can, and you pay attention to the detail, you give yourself the best chance and being blessed with that luck" - Adam Peter Lynch, the former manager of Fidelity's Magellan Fund, once said that he felt that over half of the share holders in his fund had lost money, based on when they had bought and sold Magellan. This is a fund that has averaged over 18% a year for the last ten years, and over 22% a year during ......
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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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