Peace of mind? Chun bo? Emergency fund may help us to avoid selling investment assets during market low at realized losses and locked in permanent losses to fund our living expenses. When we kept seeing our investment portfolio going down in value -10%, -20%, -30%, -40%, -50% and more. How many retail investors still have peace of mind? Some of sleepless nights; we could be blaming ourselves for being stupid for not getting out of the market earlier to level up our war chest to buy them cheaper and more. How to have peace of mind when market crashes into prolong bear market? You guess or really know?
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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