Yesterday, Uncle8888 was talking stocks with one woman retail investor in her 50s. She has been investing for more than 20 years together with her hubby.
Woman and his man have often attended investment seminars organized by SIAS and other brokers on market outlook. Wow! Tag Team partners! Uncle8888 told her about his two zero beggars story. But, she surprised him with her six zero beggars adventure. All beggars were S-chips.
One of them she has bought on that day and the next day it was suspended. Super shit!
Her best is Keppel Corp. She bought @ $3+ and sold @ $5+
The Moral of the Story ...
Many retail investors are likely to hold on to their losing stocks to zero; few are willing to hold tight when the stock price goes against them during market cycle.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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.