Just being right or lucky once. It is common that retail property investors can realize their investment gains from $XXX,XXX to $X,XXX,XXX. The power of leverage will uplift the retail property investors to greater height when they are right or lucky once.
But, for retail stock investors, we know that they will not normally use leverage for stock investing. It is just too scary to do so. Stocks can crash to zero. Don't pray, pray.
So how rich can retail stock investors become when they are right or lucky just once? a) $X,XXX to $XX,XXX? b) $XX,XXX to $XXX,XXX?
c) $XXX,XXX to $X,XXX,XXX? (like retail property investors)
How rich can retail investors become with their 10-bagger?
What do you think?
a, b or c?
For retail stock investors, you need more than being right or lucky once. You also need to be right again on your position sizing.
Last updated : 14 Sep 2020
I am 64 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 21 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 2041 @ 85 yrs old.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.