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My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 13, 2018
From 2000 to 2003 - two crises Sep 11 WTC Attack in 2001 and SARS in 2003 Uncle8888 came to the stock market at the wrong market timing with his large war chest i.e. 23 years of saving including CPFIS at age of 44. STI was at its peak in Jan 2000 and then crashed towards its low in Sep 2001. The market recovered in 2002 and then crashed again in 2003 due to SARS. Those days from Jan 2000 to 2003; he didn't have ill or bad feeling on paper losses as he was in mindset of deploying his rotting cash in his war chest into the stock market to create wealth. In his mind; he was deploying cash and not losing money! ......
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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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