As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Friday, 24 February 2017

When Are You Going Into Trading Like Many Other Retirees???


During afternoon's lunch with one ex-colleague; she asked when is Uncle8888 going into trading like many other retirees whom she knows.

Actually; it is quite true that many retirees some time after their retirement may go into day trading as either part-time or pastime job to kill off bulk of their abundant time or to put it nicely to perfect their trading craft.



2 comments:

  1. CW,

    It's a natural progression if the retiree had been investing/trading 20-30 years prior to retirement.

    But if the retiree had only been on the path of savings prior to retirement, and then start "investing"... Its fine it he/she got the wisdom to limit the amount to not more than 10%; but if kenna a bad case of "head wind", that's where you see financially free retirees become asset rich cash poor after they tried "investing"...


    ReplyDelete

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