Invest
[Paywall] Of Course We Are Not Afraid Of Losses Due To Our Position Sizing BUT … (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  May 22, 2022
Read? Of Course We Are Not Afraid Of Losses Due To Our Position Sizing BUT ... Any Unrealized Profits or Losses will always affect our investment performance at ATH to next CRASH; and then how many years it will take for us to recover that CRASH from ATH to the next new ATH? So is any unrealized profits or losses REAL or not? It took 8 years to reach new ATH in 2007 from 2000 and just one year to drop -53% from an ATH; and then it took another 9 years to hit the next new ATH in 2018! 9 Lost years! How many lost years can we afford in the market? So is any unrealized profits or losses REAL or not? Don't ask retirees as realized profits always are their retirement income for spending!...
Read the full article
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!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance