Sillyinvestor, CW, and I were bantering which one hurts more? 1. Sell too early and missed out on outsized profits? 2. Sell too late and left too much money on the table? Just to clarify. Letting a winning position turn into a loss is just plain dumb. Hmm ... This is where traders and long-term investors think differently and most traders don't get it. Where hurts more? Most traders don't get it! Panadols are pain killer! Dividends as panadols to ease heartache and then over long-term it can cure heartache when these stocks become freehold. Pain no more! You are true to Warren Buffet's Rule 1 & 2 as ultimate investors. High single digit dividend yield on investment cost : Panadol Double digits dividend yield on investment cost: Panadol Extra Strong. Passive income dropping from money tree and becoming dumb investor without the baggage of emotional loss over freehold stocks! Need clarification?
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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