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Negative Equity – Can you can survive out of it? (Refresh)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 22, 2019
Sunday, 15 February 2009 Read? Negative Equity - Can you can survive out of it? Walau! Wrote this blog post 10 years ago! When you are forced to top up, it means that you now are forced to potentially LOSE MORE THAN what you have intended i.e. up to $50K. NOW YOU ARE FORCED TO POTENTIALLY LOSE MORE THAN $50K. Furthermore, you can't be sure what is the LIMIT of Potential Losses like. You are cornered to continue the Game of Trading with more money or GET OUT. What if you liquidate your positions as you do not want to add more capital or have no more capital, your equity level will drop more and you have lesser ability to recover with a smaller equity. So using MARGIN OR LEVERAGE is not only about controlling and understanding RISKS, people DO NOT often think hard enough about it. ARE YOU PREPARED TO...
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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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