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

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Tuesday, 19 September 2017

2016 : Key Fact of Household Income In Singapore


How many households married with kid(s)/kid(s) and dependent parents can accumulate from their saving to build investment portfolio of $500K to $1M to generate passive (investment) income of $3K to $5K per month?

How long will it take for them to retire on investment portfolio?

Do you think those investment bloggers in Singapore showing you large investment income fall on the left or right side of  Median household income statistics?

With that answer; what young investors should do to be on the right path on their investing journey?






























3 comments:

  1. From the graph; we all know our own position in household income population in Singapore. That is the reality.

    ReplyDelete
    Replies
    1. CW,

      I guess you and me are the ones who like to call out, "The Emperor got wear clothes meh?"

      LOL!


      I've never heard of anyone "saving" their way to financial freedom...

      To save from embarrassment those bei kambings who may counter, "But so and so saved $10K per month leh..."

      Yes, for that person to save $10K per month, he/she has to first EARN how much?

      Duh!


      Delete
    2. :-)

      We are NOT welcome at many seminars

      Delete

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