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Peter Lynch on His Secret to Superior Returns (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 4, 2017
Read? Peter Lynch on His Secret to Superior Returns How many retail really understand it? How different from Peter's quote : So there's lots of stocks out there and all you need is a few of 'em. So that's been my philosophy. You have to let the big ones make up for your mistakes. There are 30 STI Blue Chips on quarterly survival-ship reviews; you just have to let that few blue chips bought on SGX Great Sales and let these few big ones make up for your losses in those few blue-black chips. You don't believe in Peter's quote? You basically see a few stocks in your lifetime, that's all you need. I mean stocks are out there. So there's lots of stocks out there and all you need is a few of 'em. So that's been my philosophy. You have to let the big ones make up for your mistakes ......
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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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