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Missing Out Those Large Paper Gains or Sitting On Large Paper Losses. That Is Hell Of Difference!!!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 9, 2021
Missing out those large gains? Tesla or Bitcoin? Jelly!!! How do we really feel when we cool down after some deep thought? Are we still fooling ourselves? When he missed those large paper gains? He felt that he was that NOT smart enough! Alamak! Sianz. Sibei sianz! Walau! Did he suffer any sleepless nights after seeing those assets price escalating or getting nightmares on missing those paper wealth? NO! What actually happened to him towards end 2008 during last GFC 2008/2009 when his real and paper losses escalated! His emotions From Alamak --> Walan --> Sianz --> Sibei sianz --> Worry --> Fear --> Sorry and bloody stupid --> Sleepless nights --> Nightmares --> Finally Bite the Bullets --> Heng ah! I have sold and Escalation in Lossses has ceased. No more nightmares. No more sorry! Only regrets! It is far better to regret NOT smart enough to make more money in the market than...
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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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