On why sound investing principles will always work??? (2)

Read? On why sound investing principles will always work???

Real People. Real Story on DBS!

This ex-colleague who was some time also Uncle8888's lunch kaki.

During GFC 2008/2009; he was very keen to invest bigger on DBS; but in Mar 2009 he was still waiting for DBS to reach $6 before accumulating slowly!

When the market recovered he regretted big time; but; he did learn important lesson on investing!

This time in Jan 2016; when DBS went below $15; he started to accumulate slowly using his CPF fund as he has already reached 55 (Feeling rich with his bigger War Chest? How often can we beat CPF OA 2.5% with blue chip yield?)

In Investing; Your Account Size Really Matters! - CW8888

When DBS has crossed $19; he began to divest slowly. Uncle8888 last heard that he has fully divested all his DBS.

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Singapore Man of Leisure 11 February 2018 at 11:03:00 GMT+8

CW,

I am sure one day DBS will trade below $19.

I also very certain DBS will trade above $30 one day.

See? I'll be right both times - if I wait long enough ;)

Everything is just one big illusion.

What's real is the money in our pockets the day we walk out of the casino.

:)

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Real People. Real Story!

Uncle8888 was so surprised to hear that this ex-colleague who was so shocked by unprecedented COVID-19 crisis that he was frozen!

He did not invest a single cent into the stock market during this COVID-19 crisis!

He didn't even buy back his DBS that was completely divested above $19!

Too greedy or too fearful?