Shares & Derivatives
When Will You Sell Your Kep Corp???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 17, 2015
Someone asked him ... "When will you sell your Kep Corp?" He will definitely sell those positions that are supposed to be sold; but he didn't like the idea of cutting losses to add more cash to his growing War Chest. His idea about cash may not be commonly understood by some retail investors. Why cheer yourself over a bigger war chest when you are already struggling with lack of buying ideas? Can we ever recover by cutting losses into cold hard cash by locking in negative return? Remember, the stock market is unpredictable. Salted fishes can come back alive. It not just happen; but it keeps happening many times! There will be right time at your own time to cut losses and switch horses as we don't need to win back the same way as we have lost them......
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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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