Those folks in Uncle8888's generation will know what is Snake Oil man or woman.
They would be selling snake oil at any Wayang. First, they would perform some shows or light entertainment with some planted shadow audience as initial crowd to attract the larger crowd. Once the crowd was large enough for real selling; the snake oil would proceed with hands-on demonstration and application. They would persuade and persuade a few very "unwilling" audience from the crowd to step forward and after some observation made by the Snake Oil man/woman and questioning these "selected" audience from the crowd. These "selected" audience would shyly admit that they were suffering from the same illness/diseases that Snake Oil could cure it. Snake oil men/women were excellent speakers. Their words were convincing and soon at least one or two "selected" would buy and more other planted buyers would open their wallet to buy the limited order Snake Oil at special price and the rest (real buyers) would still get the promotional price. Nowadays, we still have Wayang but absolutely no more Snake Oil man/woman at the Wayang! Where are Snake Oil men/women now? Where arh? They have gone to investment Wayang? No?
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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