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Cut loss or Write it off???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 18, 2013
Just For Thinking ... Are you struggling with yourself constantly whether to cut loss or not? One way to overcome your emotion and stop struggling any more. Do you still have plenty of cash rotting in the bank as War Chest? If yes, write it down to one cent per share and move on. Now when you look at that stock again. It is a winning stock. Right? Only when you run short of money, then start thinking about this "winning" stock. Cut loss for capital! It is all in the Mind!...
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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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