Retiring at 35 with $1 m cash in hand

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12 years 3 weeks ago #9722 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
In all truth honesty, i will try to give benefit of doubt, but to retire at 40 and with only 1 million is too risky as 1 million is too little.
If you have lost 500k by 2013, you will have to go back to work.
If you do not know what to do, then don't retire, take your job to new height, If you can achieve 1 m, by 40 it is very good, make that to 2 m, by 50, afterall you do not know what to do.
Unless, you are sick of your job, but you still can find another or start your own business. Don't say like life is long, " I do not know what to do"  Life is short, you spend time touring and enjoying, it a waste of time, and meaningless. At the end, you ask what did i get out of all this.
 
I have gone thor all this places, what so nice abt them?? U tell me,

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12 years 3 weeks ago #9723 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
If you say investing is all about mostly luck, value invester will disagree. If you go to casino , you depend on luck, In stock , u depend on observation.
 
If you observe carefully, your luck will icrease, So what is luck??
 
Never go to casino, your luck will run out.

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12 years 3 weeks ago #9724 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
What i am trying to say is if you do your due diligent, your luck will increase. It is not luck, but your due diligent that make you lucky.
 
I do not trade on tikam tikam, basic, i do observation of many thing before i enter my trade.
 
Look at GSH, i can assess this countet will corss 10c soon, it is not luck, We shall see. This is not a call, unless you know how to cut your losses.

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12 years 3 weeks ago #9725 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
Yesterday, someone told me a about cordlfie.. I have enter a trade on this one, I expect it to corass 61c.
 
thanks for your info.

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12 years 3 weeks ago #9726 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
I think now is a good time to accumulate s-chip.
Qingmei , foreland , chinataisan and chinNtown.
I cut losses on chinataisan recntly, but have reenter at 91c., yesterday.
sometimes it is a disadvantage been a chinese educated, but i do know what i read,

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12 years 3 weeks ago #9727 by cheongwee
Replied by cheongwee on topic Re:Retiring at 35 with $1 m cash in hand
THe Lord Buddha say.
 
" To a hardworking man , everyday is a lucky day"
 
so to be lucky in the market, you much be hardworking, looking and observing. Don't throw your money to the wind.
so do not pray to the Buddha for luck, because he say you go and work hard.

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