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

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

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Value Investing
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Saturday, 30 April 2016

Save more than 60%. No need to invest??? (4)


Read? Save more than 60%. No need to invest??? (3)


This 61 yrs old ex-colleague came to visit me.

... then talking on retirement. She said she is on target to retire next year at 62 and she is not seeking for re-employment to 65 or 67.

She said she has more than enough saving and with CPF Life she can retire comfortably in her current lifestyle.

She doesn't have any single investment. She doesn't believe in investing and will not do so in the future. Why bother with the market?

She is single. She lives simply, satisfying and leaving the rest in the hand of God! She prayed for me to get well faster!






10 comments:

  1. Replies
    1. Lucky still alive and well to continue blogging. Worst case is brain stroke or best case is RIP.

      Delete
    2. Uncle
      Take care.
      I also very sick recently.

      Feel tired and unwell most of the time.
      Got time I just sleep at home, seldom online nowadays. But still kicking.

      Delete
    3. Uncle
      Take care.
      I also very sick recently.

      Feel tired and unwell most of the time.
      Got time I just sleep at home, seldom online nowadays. But still kicking.

      Delete
  2. Get well soon!

    I free thinker. But best wishes !!

    Ya, brain dead is no different from dead.

    I think investing might form smaller and smaller a role in my retirement too...

    ReplyDelete
    Replies
    1. Hi mike
      Yes. I save and save just to make sure I have enough to go China for kidney transplant.
      But then I realise not everyone is eligible for the transplant. Especially I am so weak now.

      I think now got money also no use to me.

      Delete

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