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
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 18 September 2016

I May Not Have Tomorrow But May Not Be So For My Dependents


When you are single, five days never change your underwear. Nobody #$%&& care!

When you are married; you try to tell your spouse. "Honey; I five days never change my underwear; I am going to break the last record and make it 6 days! LOL!

Same as pursing financial independence when you still have dependents who have many more years of uncertainty to go. The Equation for Financial Independence is not simple. Uncle8888 has seriously thought over and over again in 2013 whenever he has some quiet moments himself and thinking it loud.

Should he do it now as there may be no tomorrow?

But the deeper thought of many more years of his dependents has firmly hold him back. See the difference? It is not as simple as what we have read in some investment blogs - Passive income exceeding household expenses is financial independence.


I May Not Have Tomorrow But May Not Be So For My Dependents











2 comments:

  1. The equation for a single is very much difference for a father or mother of somebodies.
    Do i have to leave a legacy if i am single?
    As a single, everything is so much more simpler and clear cut.
    No need to plan much.

    ReplyDelete
  2. CPF-OA @2017 $1M.

    CW is a millionaire long time ago.

    ReplyDelete

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