As Retiree, I have Effectively Reduced From Triple Whammy From The Last Bear In 2008/2009 To Double Whammy In The Next Bear!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 22, 2022
This is how Uncle8888 as retiree has reduced from Triple Whammy in the last GFC Bear in 2008/2009 to Double Whammy in the next Bear market! Triple Whammy: Realized losses, Unrealized losses and Paper profits disappeared fast! Double Whammy : Just Unrealized losses and  Paper profits disappeared fast as 100% of realized profits and dividends will be cashed out to Cash Reservoir to support future household expenses. Using only invested capital recycling strategy in the investment portfolio to generate retirement income for life!...
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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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