Human emotion in dealing with escalating losses and hope to recover from huge losses at all costs is unbelievable when we are in good times and sensible. How can it happen when we know we are in control? How come? This Chinese's saying on escalating losses in gambling, leveraged speculating and investing is evergreen. Lose until Mad!
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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