As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Thursday, 18 June 2015

Why Set Goals???


This is something Grasshoppers will not become as they don't have goals. Wrong?


"What you get by achieving your goals is not as important as what you become by achieving your goals." - Henry David Thoreau


Is that the reason why more younger ones are openly stating FIRE as their financial goals?


5 comments:

  1. Long-term goals e.g. 10-yrs goal will really test our focus, patience, strategy and discipline.

    I am now on my second 10-yrs goal after achieving my first 10-yrs goal 1.5 years LATE!

    It is better late than never?

    ReplyDelete
  2. I break down my goals into quarters, and consolidate into year. I visualize my goals through forcasting each quarter and year.

    ReplyDelete
  3. CW,

    1) How many 10 year goals you have? You're now into your 2nd 10 year goal... Is there a 3rd or 4th 10 year goals in waiting?

    2) What have you become after achieving your 1st 10 year goal? Or is it too soon to ask since you have moved the goal posts again ;)

    ReplyDelete
    Replies
    1. After 1st 10 Goals, reached FI :-)
      After 2nd 10 Goals, will reach KIAO KAH YO LUM PAR/K.K.Y.L.P. No need for more goals

      Delete
    2. CW,

      Ah! So your FI is economy class.

      You now aiming for business class.

      Not going for first class after 10 years?


      When you quoted Henry David Thoreau, I thought you would focus on WHAT you have become ;)

      Remember the time when we wrote during composition essay WHAT we want too DO when we grow up? Or what's our AMBITION, somehow I don't think it's GOAL BASED or written in NUMBERS...


      But I'm glad after your K.K.Y.L.P, you'll become a grasshopper!

      Well, like you've said, better late than never ;)

      Delete

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