tag:blogger.com,1999:blog-1602023866179666640.post7291074021857353551..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Investing Legend John Bogle Has A Refreshing Outlook On The Meaning Of MoneyCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1602023866179666640.post-32411396990973470062015-01-14T22:55:49.227+08:002015-01-14T22:55:49.227+08:00Read? The Most Important NumberRead? <a href="http://www.thesimpledollar.com/the-most-important-number/" rel="nofollow">The Most Important Number </a><br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-78991630015540000062015-01-14T09:21:46.262+08:002015-01-14T09:21:46.262+08:00It is okay. Usual problem for married man with kid...It is okay. Usual problem for married man with kids. How about looking at portfolio's asset vale. :-)<br /><br /><br />Actually, high asset value can be converted to sustainable cash flow when it becomes necessary to do so. <br /><br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-87418977888493888362015-01-14T09:16:13.003+08:002015-01-14T09:16:13.003+08:00Haha, possibly so. But I have never really measur...Haha, possibly so. But I have never really measured my net worth. I suspect it is negative because I am still a slave to my housing mortgage. :(SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-69679492076397932772015-01-14T08:53:10.433+08:002015-01-14T08:53:10.433+08:00I think at this stage your asset value (net worth)...I think at this stage your asset value (net worth) has higher weightage than cash flow; but I suspect you are likely to disagree as your blog's nick say so. LOLCreatewealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-14410977107381970042015-01-14T08:47:25.363+08:002015-01-14T08:47:25.363+08:00That's a good question. I didn't factor i...That's a good question. I didn't factor in the assumption. In fact, everything now is still fuzzy for me. I would expect my expenses to increase dramatically as my sons grow up. Right now, I am only focused on building up the portfolio.SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-56429043068649855512015-01-14T08:27:41.186+08:002015-01-14T08:27:41.186+08:00Content is the key, it's needs versus wants. O...Content is the key, it's needs versus wants. Once you worked out what you need hence you have enough.Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-61726332638475054052015-01-14T07:10:09.873+08:002015-01-14T07:10:09.873+08:00Do you compute future monthly expenses with inflat...Do you compute future monthly expenses with inflation e.g. 2 to 3% rate?Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-88424766730606534702015-01-14T06:15:27.603+08:002015-01-14T06:15:27.603+08:00Hello CW,
To answer your last question, I would ...Hello CW, <br /><br />To answer your last question, I would deem to be 'sustainable' when my passive income can pay for all of my monthly expenses. <br /><br />I would deem to have 'enough' when my portfolio can generate such an equivalent amount of passive income consistently year after year. SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.com