"You give some people whose job is to invest money, and by a lot of standards they are good at it. Shockingly only 49% of their picks made money. Some of them was successful only 30% of the time. At the end of these, almost non of them lost money. They still made a lot of money out of it. " Uncle8888 also has losers like Noble And Hyflux; but overall he is still surviving as of today!
Position sizing may save us from destruction of our portfolio when we are wrong; but as retail investors who are full of emotions of greed and fear over volatile market cycles; we need something more than just beyond position sizing when we are right. Some investing strategy that is inherent to keep us in the Game. Luckily; Uncle8888 somehow managed to seize it and profit from it. Growth-dividend investing strategy? and NOT those income stocks that keep coming back for right issues as part of their business model and rarely give out special dividends to reward loyal shareholders!
Outsize special dividends are damn shiok to earlier investors who have bought at much lower price.
Last updated : 14 Sep 2019
I am 63 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 20 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 2038.
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