After more than 17 years of following investors' comments, postings, chats, and face to face talks with fellow retail investors; Uncle8888 has noted two common investing regrets among RETAIL investors. (1) They sold their potential multi-baggers way too early for decent profits. (2) They never sell their stocks at the high. Most retail investors will eventually make either (1) or (2) or Both. As Uncle8888 has done both i.e. (1) and (2) so he can feel which investing regret is the lesser evil over 20 to 30 years of market cycles as retail investors. Which is the lesser evil? (1) or (2)? Once SOLD; it is GAME OVER! That is why selling is more difficult to master. Who has the skills to sell that many stocks near the high? If you know someone can consistently do that; then he or she is the champion retail investor like Joseph Schooling in swimming. For 2, you have missed selling them near the high; how bad can it be? How much have you missed out? The answer will lie on your yield on investment cost. If your yield on investment cost is high single digit or double digits; then over the next 15 to 20 years of receiving cash flow from dividends? How bad can it be?
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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