Other than half a day part-time Job (jog); leaving home before noon and coming home after 6 or 7 pm; Uncle8888 is also working on his other Goal : Old but not weak! He is progressing well and has reached his 50% target this morning!
1. Completed Central Urban Loop 2. Completed Eastern Coastal Loop 3. Southern Ridges Loop in progress 4. Western Adventure Loop in progress Ulu Pandan PC --> Pandan Garden Park PC --> West Coast Park PC --> Bus --> The Infinity bus stop --> Ulu Pandan PC (continue) --> Jurong Park PC (part) --> Bukit Batok PC --> Bukit Batok West PC
One ex-colleague knew that Uncle8888 was busy running here and there and asked him : How come you don't need to watch the market? Hmm .. First thing first! Uncle8888 is not a day trader trading for a living. With his investing strategy of (1) No stop-loss and (2) Make hay while Sun shines and not pulling out winter weeds; so there is no serious need for him to watch the market closely. He sows his seeds! His harvest will take days, weeks, months, years or never. So why need to watch the market so closely? For what?
1. Completed Central Urban Loop 2. Completed Eastern Coastal Loop 3. Southern Ridges Loop in progress
Alexandra Garden Trail --> Alexandra Queenway PC --> Alexandra Canal Linear Park PC --> Alexandra PC --> Zion Rd --> Ganges Road --> Henderson Park PC --> Mount Faber Park --> Walk up Mount Faber --> Henderson Wave Bridge and U -turn back to Mount Faber Peak
Wah! Queenway Shopping centre is still around.
The last time Uncle8888 visited there when he was teenager!
Uncle8888 went in to take a look and pan jio stop. Still selling sport related stuffs. :-)
Uncle8888 looked back at the Truth. Why some choose to stay single or DINK! It is all about BOMBS! 1987: Bomb explored 1988: Another Bomb exploded with one added insurance recurring premium! 1990: Another Bomb exploded with one added insurance recurring premium! 1995: Another Bomb exploded with one added insurance recurring premium! 1995: Went into dark tunnel as single household income 2015: Saw bright light at the end of the dark tunnel 2016: Stepped out into the bright daylight but loss of earned income on sight. Sigh!
A lifelong experience journey of hard and tough saving! What did you learn? Saving is tough or easy? Depending on who you ask! LOL!
Method Mind Money Management Is our investing mind Symmetrical or Asymmetrical thinking? Can we cut losses fast and set trailing stops to protect profits over market cycles and still have multi-baggers to brag about? Is this Asymmetrical thinking?
When Uncle8888 reached Pasir Ris beach at Round 6 PCN Jog; he saw that the kelongs (fish farms) are still there despite those past few incidences of red tide that wiped off their fish stocks. They managed to restart their fish farm all over again! They didn't gave up!
How different from Buy and Hold over market cycles?
Buy & hold is not dead like these fish farms. Don't give up!
The next season; they will be producing fish load that worth their effort again!
Lots and lots of investment blog posts were written to teach us on how to invest like professionals e.g. Peter Lych, Warren Buffet; Walter Schloss and getting 10 to 15% compound investment return to become the next millionaire with our investment portfolio. They showed us many theories and concepts on how to achieve. How many of them have done it practically through their investment gains? See XIRR Table to achieve $1M purely on investment gains!
Did anyone see how such investment portfolio is constructed by these investment bloggers on how to build wealth to become millionaire? Number doesn't lie. See for yourself on how to become millionaire faster as retail investor! Not based on our hard earned income meh? Our investment portfolio is just an Accelerator to become the next millionaire in our neighborhood! Read? Your Investment Portfolio is your Accelerator on the Road to Financial Independence! (4)
Loyang Connector --> Tampines Connector --> Simei Connector ---> Bedok Connector --> East Coast Park --> Endpoint of Siglap Connector. 1. Completed Central Urban Loop 2. Completed Eastern Coastal Loop
It is a small world. When Uncle8888 was jogging Simei PCN; he bumped into his ex-collegue who was walking towards him. He hasn't met this colleagues for more than 20 years. He has retired three years ago. He now keeps himself active by walking long distance. He said he can't jog anymore but can walk.
Uncle8888 likes to eat balanced diet to enable detoxication cycle to work as well.
Often quoted by retail traders : Painful margin calls and account blow up. No successful retail traders for cash flow/living are not in leveraged instruments. Leverage is a double-edged sword; you can potentially lose more than expected and blow up your account. Your brokers are not your friends. Anyone heard of retail investors blow up their investment portfolio and their account get suspended by brokers. Got meh? See the difference between trading and investing. Get it? As retail investors without leverage, we will lose what we are prepared to lose. Simi account blow up or margin calls? What animal arh?
Uncle8888 is not restless yet. 1. He didn't turn on TV and watch any K-drama! Not a single minute! 2. Surprisingly; he spent much lesser time on his laptop; unlike those days of eating snake in the office pretending to work hard. 3. The power of unlimited and care-free travelling on buses and MRT with his $60 senior citizen concession month pass and travelling without an umbrella. So far; he hasn't get wet when raining.
4. When the weather is looking good; Uncle8888 will spend from 3 to 6 hours roaming the street of Singapore. Jog here. Jog There. Walk here. Walk there. See Here. See There. See what to eat and buy any other kind of buns or breads for breakfast when it looks good and not try before.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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