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.
Think Investing as Tug of War - Read more? Click and scroll down
CW,
ReplyDeleteThanks for the reminder that our time will come. My school is quite unique, as in we have 3 retired principals playing different roles, a lesser role perhaps.
It is quite obvious 2 have problems adjusting. Important to keep reminding myself all assets are depreciating over time.
I do not think they have problems financially to retire. But...
We must prepare ourselves well for retirement or early retirement
ReplyDeleteYou can retire only when you fulfil these 4 pre-conditions:
1. Your children are financially independent (e.g. they got jobs),
2. You have zero liability (all your borrowings are paid up),
3. You have enough savings to support your lifestyle for the rest of your life,
AND most importantly,
4. You know what you would be doing during your retirement.
Read more? HOW TO RETIRE?
Hi CW,
ReplyDeleteHow old is old? Our garment says 60 still young ... LOL...
In Bell curve system, level of "oldness" is relative to your peers, currently at my office place the oldness is getting younger.
DeleteLate 40s is considered old.
When one younger joined, the old becomes older. This is relative. Cruel fact!