Market Review and Trends
A drop of more than 600 points in the Dow is very, very rare
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 3, 2018
Interesting to see how STI is responding to this rare drop on Monday? CNBC: The last time the Dow Jones industrial average posted a drop of more than 600 points was June 24, 2016, the day after the Brexit vote. Before Friday, the Dow has only closed more than 600 points lower eight times in history, with all occurrences taking place in the last 18 years. To be sure, as the Dow has soared over its nearly 122-year history, point drops increasingly represent a smaller percentage change ......
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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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