For those who can appreciate Waterfall chart! This one chart tells the complete story of Uncle8888 on how he has built his net worth from lifetime of earned income after tax for 39 years as employee from Aug 1977 to Sep 2016; and 18 years of investing journey from Jan 2000 till now through several market cycles of Boom and Doom suffering large losses as well. It is a investing journey of pains, doubts, and learning! When we lost too much in the Bear market; and we will be spending the next Bull trying to recover from large loss just to break even. Is this called investing? LOL! Why timing the market and time in the market are very important? When you spend too much time in the market with your stock holding BUT too little cash on hand in the Bear market; you are going to cry sooner! Dividends are just Panadols to ease your heartache and headache!
Last updated : 15 Sep 2018
I am 62 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. Eldest son and daughter are now working and youngest son still in his 3nd 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.
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