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!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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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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Tuesday, 19 January 2016

2015 Household Expenses


2015 overseas travel expenses is about 17.6% of total household expenses.


Uncle8888 will need to increase "passive" income from 2017 to be sustainable.






Posted by Createwealth8888 at 08:10
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5 comments:

  1. coconut19 January 2016 at 10:53:00 GMT+8

    make sure you don't think of getting them out from the stock market! it is not meant for satisfying your expenses!

    ReplyDelete
  2. RayNg19 January 2016 at 11:05:00 GMT+8

    2009 and 2015 spending amount ~ the same. How come spending don't reduce when you don't need to support kids education?

    Your spending on utilities increase 300%?

    ReplyDelete
    Replies
    1. Createwealth888819 January 2016 at 11:32:00 GMT+8

      Wah!

      Raymond got sharp eyes and verify all data points. LOL!

      Amended the Category from Utilities to Utilities/Credit Card Charges

      It is due to POSB changing the code type for credit charges by GIRO from "CCC" to "IBG" in Apr 2015.

      Now under IBG code, it has credit card charges, PUB, phone and TC bills via GIRO.

      Delete
    2. Createwealth888819 January 2016 at 11:37:00 GMT+8

      2009 is recession and depression fear. Budget cut and in expenses control mode of operation. :-)

      Delete

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