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

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Thursday, 4 December 2014

Why invest to try to make more money when there is little wants in our life???




"We don't live to eat and make money. We eat and make money to be able to enjoy life. That is what life means, and that is what life is for." - Ol' Mallory


3 comments:

  1. CW,

    Hey! You are in a philosophical mood today ;)

    Your question is ow we know whether we invest to "escape"; or invest to "achieve".

    :)

    ReplyDelete
    Replies
    1. CW,

      No checklist; just motivation.

      If we want money so we can "escape" a lifestyle, fill a hole in our hearts, etc...That's escape.

      If we have little wants in our lives and we have enough, then investing is not for more money but to achieve ;)

      It''s a bit like asking Warren Buffet and Li Ka Shing with their billions - why are they still doing what they do?

      Money is just a way of keeping score for them.

      Delete

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