What we can learn from these investors' mistakes? Position sizing, stop losses or cut losses, don't risk more than 10% of your capital on any single stock and not more than 20 or 30% on any sector; do your homework before investing, etc Investing lessons are learnt from mistakes! How come we seldom come across investment articles about "mistakes" of selling way too early and missing multi bagger yield on investment cost and multi baggers capital gains? Hmm ... taking profits off the table is never wrong. Where got mistakes? No lesson learnt from selling way too early and missing those big fat gains? So it is like that?
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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