After more than 17 years of following investors' comments, postings, chats, and face to face talks with fellow retail investors; Uncle8888 has noted two common investing regrets among RETAIL investors. (1) They sold their potential multi-baggers way too early for decent profits. (2) They never sell their stocks at the high. Most retail investors will eventually make either (1) or (2) or Both. As Uncle8888 has done both i.e. (1) and (2) so he can feel which investing regret is the lesser evil over 20 to 30 years of market cycles as retail investors. Which is the lesser evil? (1) or (2)? Once SOLD; it is GAME OVER! That is why selling is more difficult to master. Who has the skills to sell that many stocks near the high? If you know someone can consistently do that; then he or she is the champion retail investor like Joseph Schooling in swimming. For 2, you have missed selling them near the high; how bad can it be? How much have you missed out? The answer will lie on your yield on investment cost. If your yield on investment cost is high single digit or double digits; then over the next 15 to 20 years of receiving cash flow from dividends? How bad can it be?
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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