I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed 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!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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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

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, 8 April 2011

UnEmployment Fund?

Just For Thinking ...

Read? Why would you need your emergency fund to invest?

I will call it UnEmployment Fund to clearly state its purpose; since in Singapore we don't have UnEmployment Benefits. We have to rely on our savings set aside for this purpose. If we call it Emergency Fund, it may be abused e.g. someone making his girl-friend pregnant and it may become an emergency situation for him and so he need to tap into this "Emergency Fund" to solve his immediate problem. But, if we term it as UnEmployment Fund, then obviously it can't be used for such purpose. LOL!
Posted by Createwealth8888 at 11:33
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