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DCA or Simple Average Down (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 18, 2018
Read? DCA or Simple Average Down Doesn't matter DCA or VCA or simple average down. Don't try it on single stock! If your single stock price doesn't hit the bottom and does price reversal on up trend; you are going to collect dozens of Panadols to ease your heartache over the next decade or more just to break even. You may still like to call it wrong long-term investing!...
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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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