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By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 7, 2015
We may have just two to four opportunities in our lifetime of long term investing to create wealth from the stock market. Uncle8888 has managed to create some passive income (Money Trees) from 2001 to 2003; BUT NONE from the biggest opportunity in the stock market in last GFC 2008/2009. His biggest mistake so far! Instead of investing for Money Trees; he was caught busy cutting losses and switching horses to stay calm and raising cold hard cash to sleep better. It is not the best way to create wealth in rare window of opportunity presented by Mr. Market by trying to stay calm and raising more cash to meet liquidity needs. Dumb! Really dumb! Do you see his reason in retaining his larger War Chest?   His Investing Goals is for ten years! Another 6 years to go......
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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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