We are receiving them without any stress. This is the power of compounding interests! The 8 Wonder of the World!
Compounding interest is NEVER SAME as compounding investment return in our investment portfolio. Compounding investment return in our investment can be negative. It may return us to worse off position after years of investing. So make sure that you fully understand the difference. Don't anyhow be seduced by those loud voices in the cyber world on compounding for long-term investing.
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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