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

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Monday 6 June 2011

Are you one of high income earners in 2009 in Singapore? - Re-posted

How do I know that I am not high income earner? simple leh!

I have read this? Are you one of high income earners in 2009 in Singapore?

I confirmed it with other indicators:

Amount of Growth Dividend 2011 received:

I have received $600+$100 (NS) = $700 for growth dividend 2011 so I am in the lower range of Singapore citizens that require more financial help from the Government.

Child Tax Rebate

I didn't even use up my child tax rebate in 14 years but when I heard that someone used up their child tax rebate in 3 years. I know that this is a huge gap in personal income tax payable. So I confirmed that I am not a high income earner.

1 comment:

  1. My #2 is 4 this yr .My parenthood relief is totally untouched ! Haha... Me also low income group

    ReplyDelete

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