Can we define crash as bear market i.e. technically STI drops 20% from its recent high? Every time when Uncle8888 read investment writers brushing off market timing. Uncle8888 smiles! :-) Of course; you can say this may be you haven't start practicing RIGHT at top of the market and then the market started to crash over time! Unlucky? Uncle8888 started practicing from Jan 2000 and what happened then ... 3 Jan 2000 to 24 Sep 2001 : -53% (This will require more than 100% rise to break even) 24 Sep 2001 to 05 Mar 2002 : +54% 05 Mar 2002 to 11 Mar 2003 : -35% (Crashed again!) Not scare meh? Still don't believe in market timing meh?
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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