You DON'T believe you can really recognize future market cycles. You DON'T think you can wait patiently to profit from the next few market cycles; then you should move on to become STRONGER passive savers. There is No free lunch in the world of investing! You have to trade off something for something else. For your young children's ang pow money; how many market cycles will their ang pow money likely to go through?
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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