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Investing Made Simple by Uncle8888 (6) (Time to refresh)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 25, 2020
Read? Investing Made Simple by Uncle8888 (6) Do we really need to know or bother the difference or characteristic in speculating (i.e. technical or craftsman or professional term used in the market; but at casino or mahjong tables, layman called it gambling)?When we make money from one another in the market; it is a zero-sum; but we like to make it sounds more technical, smarter or professional by calling it speculating instead of gambling as there is this element of skills or craftsmanship involved in addition to just luck factors. Buying ToTo is gambling! You just need the capital of $1 and join the Queue. Sorry folks! God of Fortune is on long sabbatical. No such luck! In investing; it is speculating over longer period of time on dosages of Panadol; and more important but less mentioned by investment bloggers - Retained Profits! Read? How to become...
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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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