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Counting The Opportunity Cost Of Rotting Cash (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 8, 2018
Read? Counting The Opportunity Cost Of Rotting Cash ” If you have a worry problem, do these three things:  1. Ask yourself: “What is the worst that can possibly happen?”  2. Prepare to accept it if you have to.  3. Then calmly proceed to improve on the worst.”  (Carnegie 49) Is having a large war chest a serious drag on our investment portfolio performance? Look left. Look right. Look centre. Left, right, and centre. Uncle888 can't really figure out how serious is rotting cash affecting his investment portfolio performance? His investment performance is largely determined by Mr. Market at Point X over any measuring period. Market timing is important??? ......
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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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