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Investing Made Simple by Uncle8888 (6) – About time to refresh it!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 2, 2017
Read? Investing Made Simple by Uncle8888 (6) Uncle8888 has been trying to understand this: Where does the money from stock market come from? He thinks that most of the money from the stock market will come from investors/traders participating in the stock market and only some money will be coming in the form of stock dividends distributed by companies and shares buy-back by companies. In fact, the amount of money coming from companies is nothing compared to the enormous amount of money changing hands in the stock market. Uncle8888 also remembered Warren Buffet once said: "The Stock market is a financial redistribution system. It takes money away from those who have no patience and gives it to those who have."  He believes it is true. So he understands it is important to be patient; or else he may end up distributing part of of his hard-earned salary to other people in the stock ......
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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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