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.

Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
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Thursday, 17 December 2015

FIRE!!! (2)


Read? FIRE!!!

Depending on which age group you are asking?

FIRE or FIRe?


Singapore government is extending Re-employment age from 65 to 67!


WHY?


Most folks in Uncle8888 generation don't even have any retirement plan to build sustainable retirement income for life. Many of us are/were still working in the same company for life. They don't even want or dare to job hop.



Nowadays, we have so many young folks in their 20s and 30s are talking about FIRE. Some openly declare their Goals!

Time has changed. Employers better watch out!


2 comments:

  1. May be in our time, there are also many people want to FIRE but few people know because we are in the snail mail age. lol.

    During our time, FIRE with property investment is one of the common strategy.


    ReplyDelete
  2. Hi CW,

    I m gg to be blunt. Guess not many as mentioned by u truly understand what is needed to be FI. The world is changing rapidly n crazily! Stock market even more crazy, not always up like most think.

    Bcos most only keep thinking about 2010-2015. They claim they know but they dun bcos they have not see their portfolio crash n dream also crash. As time passes, lots of things will also change. What u thought is sufficient to be FI may not be sufficient. 20-30s still have 30, 40 or 50 yrs more to live if not sick.

    I prefer to let NOT only to grow my stock n compound but more important my useful knowledge grow n compound as well. Useful knowledge to me can eventually unlock to generate more purposeful income in future.

    ReplyDelete

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