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It is about value, not price???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 21, 2015
It is about value, not price? Is not wrong; but exactly right! It is about value. It is about price! It is about position size. For small retail long-RUN investors with limited investing capital, lower price means more shares acquired at the same investment cost. In holding stocks in our portfolio, a larger position at the same cost is easier to manage during its life-cycle in our portfolio. We can pyramid them out and in across market cycles and still grow Money Trees! A larger stock position will enable meaningful partial profit taking strategy over rounds after rounds and we still have large enough position size leaving behind to have meaningful impact to our net worth. How much impact to our net worth when we only have 1,000 or 2,000 shares for our rare multi-baggers? Uncle8888 would have keep his big mouth shut if his position size in Kep Corp...
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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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