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 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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