Uncle8888's Wealth Formula Wealth = Asset Value (aka Net Worth) + Cash Flow Once we have accumulated our desired net worth, then we should switch gear to refocus on cash flow to maintain sustainable retirement income for life and to avoid having to force sell assets at wrong market timing.
You can see that Uncle8888's Net Worth is very volatile so it is very important for him to refocus on sustainable cash flow and avoid selling at the wrong market timing.
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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