Read? The Secret Behind Buy And Hold And Then Laughing To The Bank Revealed! This morning Uncle8888 bumped into his ex-colleague who has left his company long time ago. Ex-colleague : Heard you retired? CW: Ya. Last Sep. blah blah Ex-colleague: Heard you very good at investing? blah blah Ex-colleague: How is the market? CW: Banks and properties are cheonging! DBS at record high! Ex-colleague: Sianz! I sold my DBS @ $14+ blah blah CW: I am still holding some DBS bought at $7+ since SARS time. blah blah Ex-colleague : When are you going to teach me how to make money? Buy and hold teachable?
Last night; one ex-vendor and ex-colleague jio Uncle8888 for dinner at the famous Clementi Satay. Of course; when they have dinner with Uncle8888; one of the thing to talk about will be on investing. This ex-vendor is amazed at Uncle8888's decades of holding multi-bagger stocks and seriously he wanted to learn from him on how to hold multi-bagger stocks over the next market cycles. His biggest regret of unable to hold winning stocks and this he must learn from Uncle8888 for the next bear market. Uncle8888 bought DBS at $7.53; but he bought DBS at lower than Uncle8888 at $6+. The biggest regret is that he sold DBS far too early; otherwise he will be the one telling better story of high yield of 9% multi-bagger blue chip - DBS.
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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