Multi-baggers and zero-beggers (dead fish) are born out of bo chap or fearless when we are still right or when we are deadly wrong.
There is no free lunch in the market. The same mindset or investing strategy may lead to two extreme outcome so we shouldn't analyze too much. It is far better to concentrate on money management and risk control and be steady over market cycles. At the end of day; we just need a few multi-baggers to anchor our portfolio and will help us to recover from our past and offset future losses to seize opportunities for future multi-baggers.
The Role of Multi-bagger?
No multi-baggers then it is harder to recover from losses! Right?
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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