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Cash Flow For A Living : Traders vs. Investors View
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  November 27, 2016
They will not see eye to eye as trading is an active role to make a living and in fact; it is just another part-time job in disguise while investing can be periodic active and more often inactive with nothing much to react. To be able to survive as retail investors from cash flow for a living; this is what Uncle8888 has observed from the Cyber world on those who have made it. Their account size! In investing, our account size really matters! - CW8888 How to increase our account size to that level of adequacy to deliver meaningful cash flow to fund ......
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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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One response to “Cash Flow For A Living : Traders vs. Investors View”

  1. Fred says:

    Boston Consulting Group in Oct 2015 published in its Global Wealth Report that there are 188,000 millionaire households in Singapore as at 2014. It qualified a millionaire as having assets of worth more than a million USD sans the roof asset. One USD is worth SGD 1.26 then. That means one in seven households are millionaires in Singapore. It also stated it was 150,000 households in Singapore in 2010.

    Despite the USD currency appreciation now, I believe the numbers still remain about the same.

    If there is one in seven households a millionaire, it is no Everest but BT Timah to climb and enough left to jog one round at the top! Haha…

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