If you have spent enough time reading in the investment blogosphere; you will come across writings by those with commercially vested interests telling you these two words : compounding and leverage.
(1) The key is to start early and let compounding work in your favour to meet ...... (FI, FIRE or Retire)
(2) If your unleveraged portfolio is insufficient for ....(whatever); then go and leverage up your portfolio to meet it.
Compounding And Leverage Work In Your Favour??? What they will never tell you? You can compound negatively in your investment until you feel so painfully and chop fingers and never ever again! Check with your Merdeka generation relatives! Government also learnt this lesson of letting Singaporeans buying discounted SingTel shares as part of wealth sharing of national assets. Why discounted SingTel share is the FIRST and the LAST? Government chopped fingers??? Never ever again! Leverage is a double edged sword! Can be seriously NEGATIVE too! Without leverage; you can be poorer by losing what you have put it; but you won't be made bankrupt by your bankers or brokers!
Decumulation is actually a word and it refers to the de-accumulation of assets in order to maintain your quality of life in retirement. It's much more complex than the accumulation of assets. Read? Why Retirement Decumulation Is The New Accumulation You can be young without money but you can't be old without it. - Tennessee Williams With DBS Q3 dividend declared at $0.3. Cash flow for 2019 is completed. It is 8.4% ROC (Own investing capital since Jan 2000)
Read? Day 5 to Day 8 (Morning) : Taoyuan (2) Kengkou Community Painted Village(坑口彩繪村) On Taoyuan MRT line so it is easily accessible from Taipei for a 2 to 3 hrs trip. 10 to 15 mins walk from Kengkou (A11) station
Otherwise the village is dull farm land.
Too many photos to show as every house in the village is painted with arts!
If you like Penang's street building arts; here is much better as it is concentrated in one village!
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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