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The Truth About Multi-bagger : Real And Illusion
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 5, 2020
Read? DBS : Sold @ $19.88 Alamak! Sold @ $19.88 and today DBS hit day high of $22.63 The truth about holding a multi-bagger : Time in the market or timing the market? Time in the Market Your realized gains started off as Panadols; and after Point X, Panadols turned into Golden eggs. Your multi-bagger is an illusion until you have realized your gains somewhere near historical high stock price; and also you have retired from the stock market and never look at the stock market  ever again. Otherwise, your multi-bagger is just an illusion of wealth in the stock market! 17 years of holding DBS Real ROC on total dividends collected is 171% Illusion of wealth ROC : 192%
Time in the Market and timing the Market Timing the Market will make your multi-bagger gains real!
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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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