Multi-baggers and zero-beggers (dead fish) are born out of bo chap or fearless when we are still right or when we are deadly wrong.
There is no free lunch in the market. The same mindset or investing strategy may lead to two extreme outcome so we shouldn't analyze too much. It is far better to concentrate on money management and risk control and be steady over market cycles. At the end of day; we just need a few multi-baggers to anchor our portfolio and will help us to recover from our past and offset future losses to seize opportunities for future multi-baggers.
The Role of Multi-bagger?
No multi-baggers then it is harder to recover from losses! Right?
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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