Deploying your big war chest for the next big Bear?
Let Uncle8888 shares his thought based on real experience on the ground with some real retail investors in those cyber encounters ....
Depending on you how build up your big War Chest?
1. Bulk of it comes from your saving or 2. Bulk of it came from fear of market crashing and liquidating your holding as War Chest. Cash is King! Thinking .. If it is 1, most likely you can deploy your War Chest But if it is 2, not sure how many can actually do it.
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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