When we are Lao Jiao in the stock market; we can ride the price volatility in our investment portfolio like nothing has happened. But can our successor to our investment portfolio behave like us in the stock market?
Can he go and tell Auntie8888 that Warren Buffet said ..
Price Volatility is not risk. Risk is permanent loss of capital.
When our investment portfolio reaches certain level; the daily price movement or volatility in portfolio may be damaging or scary to untested investing mind.
May go into depression. Right? Especially in the Land of Retirement.
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
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