What are the two lessons we can learn from him - an illiterate? Making money from stocksis not about how good we are at prospecting business or doing deep dive analysis into companies; otherwise full time professional analysts will be very rich and retire early to manage their own investment portfolio.
Lesson one: You have large war chest during market crash and dare to buy big.
Lesson two: Replenish your war chest for the next market crash and patiently wait to repeat lesson one.
Last updated : 14 Sep 2019
I am 63 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.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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