Just For Thinking ....
The more Uncle8888 thinks back, the more he thinks that investing is as simple as LP Theory: It is either Tua LP or Bo LP?
In 1998, AFC, he missed out the best once in his lifetime opportunity to huat tua tua from the stock market.
A single household income with three kids at age of 10, 8, and 3 and not financially well prepared for crisis; Uncle8888 sibei bo lam par!
How to huat?
In Sep 2011, WTC Attack and 2003 SARS, Uncle8888 was well prepared since Jan 2000 by consolidating all his spare money into his biggest war chest ever.
Limpeh wu lam par. Not bad. So huat ah!
In 2009, GFC, wu lam par but impotent!
He missed out again on second time! KNS!
Impotent. Got lam par also no need.
Lesson learnt for the next crisis.
Practise Lam Par Theory!
Tua Lam Par comes from bigger war chest???
Investing made simple! Right?