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Knowing is not enough!!! (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  August 25, 2013
Just For Thinking .... Read? Knowing is not enough!!! After a few years in investing, many retail investors will have read enough, hear enough, see enough and know enough what to do with their capital. But few of them actually do what they know. How come? Knowing is not enough? Tell me how many of them actually commit themselves to written investment strategies, plan, short-term goals e.g. Yearly; and long-term goals e.g. 10-Year and watch over them diligently so they can revise their investment strategies to meet their long-term goals when their short-term goals seem at risks of meeting their long-term goals and objectives. Some may think that keeping records of their investment is the same as tracking and measuring their investment performance......
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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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