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Hard Not To Fall Into Wow Factor In The Cyber World
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 19, 2017
Two very young investors; look younger than Uncle8888's two older children stayed back to chat with him on that night and leading to this discussion - The Wow Factor! Uncle8888 shared with them his experience with Wow Factor when he was newbie in the stock market! In Uncle8888's early days; there was no personal blogs and chatboxes; but there were public forums and chat rooms where many newbies got caught by the Wow factor and unintentionally got burnt! Uncle88888 strongly believe it was definitely UNINTENTIONAL as they have no vested commercial interests! They are kind, truthful and well experienced retail investors sharing their trades. They have double, triple or quadruple their positions! Wow! Strong conviction! Let follow as what many newbies would do! Uncle8888 also followed! How wrong can it be to follow strong conviction by the veterans? Without knowing their position sizing relative to their capital, portfolio or net worth .....
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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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