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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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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Value Investing
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Saturday, 17 October 2009

What Is A Rat Race?

From answers.com:

Fierce competition to maintain or improve one's position in the workplace or social life.

This term presumably alludes to the rat's desperate struggle for survival. [Colloquial; first half of 1900s]

From Dictionary.com:

any exhausting, unremitting, and usually competitive activity or routine, esp. a pressured urban working life spent trying to get ahead with little time left for leisure, contemplation, etc.

From thefreedictionary:

a fierce struggle for success, especially in one's career or business

From Cambridge Advanced Learner's Dictionary:

a way of life in modern society, in which people compete with each other for power and money

yourdictionary.com:

a mad scramble or intense competitive struggle
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So getting out of Rat Race is not the same as putting the mind into IDLE mode.

What does getting out of the Rat Race mean to you?

I believe that I am Out Of Rat Race if I have realized most of these:
  • Financial Independence (coming soon)
  • More Time to spend with Family & Friends (done)
  • Spending Money on Friends, Family, Charity & myself (more to come)
  • Time to do those Hobbies I've always Wanted to do (more to do)
  • Fulfilling my childhood's Dream list (more to come)
  • Treating bosses just like another employees of the company (done)
  • Not looking forward for year end bonuses (done)

for some people it may even include:

  • Becoming your own Boss
  • Travel around the world
  • Financial Freedom
  • .....

What does getting out of the Rat Race mean to you?

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