What is so bad about long-term investing without stop-loss strategy? You may potentially lose 100% of your invested capital on a few lousy stocks that went to zero.
What is so good about long-term investing? Even we are lucky enough; but we still need to have the gut to ride through the market cycles of Bull and Bear with our freehold multi-baggers to collect free money falling from the Money Tree.
What else can we ask from Mr. Market as retail investors participating in the stock market full of sharks and wolves? Do you know what else to ask?
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.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.