Real Positioning Simple average down in 2014 @ $9.67 which is 20% lower than $12.14 @ 2007. The difference in taking doses of Panadol in 2007 position is 7 years more. The one in 2007 has already break even while other one in 2014 which is 20% cheaper is still sitting on paper loss. The Moral of Story ... When you bought any dividend stock; it has already being decided whether you will be taking Panadols or receiving passive income. You either pom pi pi or sibei sainz! LOL!
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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