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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Saturday, 31 January 2015

No intention of retiring so less bother with retirement planning???



Real people. Real thing happening!
Uncle8888 was poking this colleague who is 54 this year on his investment portfolio. 

No. Nothing out of him as he is not keen in investing; but he does have few old stock holding from the early days. He didn't like to talk further on investing. Guess why?

Uncle8888 asked him where will be his source of passive income if he retired.

He said has no intention of retiring. He can easily find another job to survive. Why not? Or in the worst case, he can just sell his HDB flat. 

BTW, he is single. 

 Just guessing. May be why leave too much money behind??? Hmm ......







Posted by Createwealth8888 at 14:12
Labels:

8 comments:

  1. Createwealth888831 January 2015 at 16:22:00 GMT+8

    Low needs. Low wants. Why the needs to make more money to survive?

    ReplyDelete
  2. SS31 January 2015 at 19:35:00 GMT+8

    Hello CW,

    Looks like your colleague is happy with his job and isn't keen to pursue any other interest in his free time.

    ReplyDelete
    Replies
    1. Createwealth888831 January 2015 at 19:44:00 GMT+8

      He is indeed a simple man with low needs and wants. He seldom goes for overseas holidays. He spent most of his annual leaves do boat fishing.

      Delete
  3. SS31 January 2015 at 19:36:00 GMT+8

    Hello CW,

    Looks like your colleague is happy with his job and isn't keen to pursue any other interest in his free time.

    ReplyDelete
  4. Jimmy L31 January 2015 at 20:33:00 GMT+8

    There are many people I know who don't invest at all. Afraid to lose money in stocks

    ReplyDelete
  5. Investopenly1 February 2015 at 10:58:00 GMT+8

    Cw8888 : I guess his focus is more of enjoying what he like in life than amassing countless stash of cold hard cash in the safe or bank ;-)

    ReplyDelete
  6. Lizardo1 February 2015 at 11:41:00 GMT+8

    Problem is when something happens and he can't work anymore.

    ReplyDelete
  7. Lizardo1 February 2015 at 11:41:00 GMT+8

    Problem is when something happens and he can't work anymore.

    ReplyDelete

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