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How to invest in Blue Chips and make money? (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  December 14, 2013
Read? How to invest in Blue Chips and make money? To be successful long-term retail investors over several expected major market cycles in our lifetime, we must learn to look beyond the failures and successes of a few blue chips. Otherwise, those old uncles in KopiTiam and old aunties in Pasar who are still holding to their IPO lots of SIA, DBS, UOB, OCBC, JCC, F&B, APB can call themselves Investment Gurus. One of the most important lessons your old uncles and aunties might or should have taught you: Learn to overcome your ego of thinking that you are right and the market is wrong and average down until no return! Over long run, market is never wrong; only you are WRONG! The Maths in long-term investing is simple. When you are wrong; you can only lose 100% of your invested capital. But, no leverage!!! But, when you are right; you ......
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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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