(1) Cut losses and lock in negative return. Stay in cold hard cash while waiting to get back to the market?
(2) Hold the great pain and wait for market opportunity to cut losses and switch horses?
What B saw now is what Uncle8888 has done towards the end 2008. As market dropped farther our balls shrunk even faster and farther. We may even try to preserve the little leftover cash that we have! It is damn irrational!
No free lunch. We will reap what we sow in the market! What did you see in 2008?
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.
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