HOME as an asset class is NOT what we are thinking when we still have control over our thinking and know how to count it financially. But, when the day arrives and we can't count. It will be totally different and sad story!
There are many known cases of financial hardship of those asset rich people living in landed properties. They just can't let it go even they are suffering now. They rather die asset rich!
HOME can be very emotional and not as easy as we are thinking now as we cannot know how we are thinking in the next 20 or 30 years time living in the same HOME.
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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