It is quite common that Uncle8888 heard from retail investors when talking about investing .. "I invest in S-REITs for income!" Hmm .. Does it really matter the cash flow from our ASSETS is Black Cat or White Cat? As retiree, Uncle8888's cash flow come from dividends, interests, trading, and when necessary some SMALL asset draw-down from those interests generating assets to supplement any short fall in annual cash flow. Anyway; these interest generating assets don't produce higher return so any small draw-down to this asset base is not significant and it is not going to be alarming or damaging to the gross cash flow. In investing; it does matter when we are right we want to win bigger to over-ride and stay longer! This is long-term investing strategy! Patience and discipline with our eyes always watching the Ball!
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
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.