Make sure the assets in your portfolio suit your needs and your personality, just your furniture fit your living room and your own individual style.
If you have a large and fully air-con living room, by all means fit in a really big, leather sofa set, and a 60" wall mounted LCD TV and enjoy yourself.
If you have a small living room with no air-con, try to fit in a really big, leather sofa set, and a 60" wall mounted LCD TV. Are you really enjoying yourself? See how long you can sit in your sofa without getting heated up (credit squeeze happen, will happen again). Are you going to have a stiff neck and shoulder watching 60 " LCD TV from a short distance? (Investing in property is like putting your big eggs in one basket at one big bang, leveraged or some overleveraged to seek high debts for one big single return)
Choose your assets wisely, and do not follow others blindly because our living rooms are of different size.
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
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