Grasshopper: We focus on our setup, better Entries and Exist to grow our trading account. We are living in our PRESENT since we can't control our FUTURE!
Ant: We look back at our PAST to calibrate and re-calibrate our PRESENT for our FUTURE!
We believe we still have some control (SMOL: You mean influence?) over our War Chest to generate the desired level of investment income for our PRESENT and most importantly it is all about our FUTURE!
We have Goals for our FUTRE!
But, some Ants do have better Entries and Exits strategies!
So not all Ants are Black!
Uncle8888's War Chest, Plan and his Goals
We often hear from investment bloggers in the cyber world on .. Buy slowly!
Sell slowly! Do you have any ideas? How slow is slow? How fast is fast?
Real person with real deployment and re-building of War Chest.
You may need to know this small background information to understand the images better ...
He didn't add a single cent from his CASH saving to his war chest since Jan 2000 as he didn't have the financial muscle to do that.
He is from single household income feeding five mouths andstrictly risk control and management in place to protect his family against more than expected financial losses. He only loses what he can afford to limit the financial impact to his family! Be a responsible spouse and father!
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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