As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons 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

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Tuesday, 8 September 2009

Your Money or Your Life - Some pointers

Your Money or Your Life by Joe Dominguez and Vicki Robin

Some pointers for us to seriously think over them ....

  • You are spending your most precious commodity: your life energy. You have only a finite amount

  • Respect the life energy you are putting into your job. Money is simply something you trade your life energy for. Trade it with purpose and integrity for increased earnings

  • Ask yourself: Am I making a living or making a dying?
    • Examine your purposes for paid employment.
    • Break the link between work and wages to open up your options for increased earnings.

  • You have only X number of hours left in your life. Determine how you want to spend those remaining hours?
    • Breaking the robotic link between who you are and what you do for a "living" will free you to make more fulfilling choices.

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