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.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

Currently; it about 54% to destination!

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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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Friday, 21 January 2011

Latent Functions of Work

By Adrian Furnham

Professor of Psychology

Read? Keynes on the Rational Savers

After saving so much money and  having so much money and can't even finish spending it, why do some people still want to work?

Work is a source of activity

It keeps people occupied, interested and active

Work structures time

It gives daily life reference points; regularities

Work gives an opportunity for social interaction

It gives one a friendship and social support network

Work provides a source of identity

It gives people a sense of your status in society and values

Work provides a source of creativity and mastery

It provides the feeling that one has achieved something worthwhile and useful

Work gives a sense of purpose

It makes people feel needed and stops alienation

Now you may understand why you may need to work. Ha Ha!
After retiring, it doesn't mean stop working. One still need to find some works to do but only this time pay is not primary concern.

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