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Stocks too risky for this businessman
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 29, 2013
Just For Thinking ... invest, thesundytimes, Sep 29 "My dad tried out stocks in 1990s and got burnt during Asian financial crisis," he recalled. "About a decade later, my elder brother lost money too when the recent global financial crisis hit the market." Read? The truths behind the ideas of making money in the stock market. CW8888: Until you have your 3M's in place, stocks are too risky for you. Don't ever hoot tua tua and average down. Sure win when market turns??? ......
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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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2 Comments

2 responses to “Stocks too risky for this businessman”

  1. Investment noob says:

    I also think stocks are very risky. I believe it’s this article right? https://thefinance.sg/2013/09/29/stocks-too-risky-for-this-businessman/

    But after reading the article, this guy seem to be born with a silver spoon and his family just made bad stock decisions. Not sure what ST trying to feature.

    Btw, what is “3M”?

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