Trading
Trading for income : The Lure of making money at your own time and control???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  July 9, 2020
Read? Robinhood has lured young traders, sometimes with devastating results Trading for income Is the same thing happening to Singapore's young or inspiring traders now with very low or zero commission? [SAN FRANCISCO] Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behaviour changed in 2017 when he signed up for Robinhood, a trading app that made buying and selling stocks simple and seemingly free. Mr Dobatse, now 32, said he had been charmed by Robinhood's one-click trading, easy access to complex investment products, and features like falling confetti and emoji-filled phone notifications that made it feel like a game. After funding his account with US$15,000 in credit card advances, he began spending more time on the app. As he repeatedly lost money, Mr Dobatse took out two US$30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay...
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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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