Sillyinvestor, CW, and I were bantering which one hurts more? 1. Sell too early and missed out on outsized profits? 2. Sell too late and left too much money on the table? Just to clarify. Letting a winning position turn into a loss is just plain dumb. Hmm ... This is where traders and long-term investors think differently and most traders don't get it. Where hurts more? Most traders don't get it! Panadols are pain killer! Dividends as panadols to ease heartache and then over long-term it can cure heartache when these stocks become freehold. Pain no more! You are true to Warren Buffet's Rule 1 & 2 as ultimate investors. High single digit dividend yield on investment cost : Panadol Double digits dividend yield on investment cost: Panadol Extra Strong. Passive income dropping from money tree and becoming dumb investor without the baggage of emotional loss over freehold stocks! Need clarification?
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.