HOME as an asset class is NOT what we are thinking when we still have control over our thinking and know how to count it financially. But, when the day arrives and we can't count. It will be totally different and sad story!
There are many known cases of financial hardship of those asset rich people living in landed properties. They just can't let it go even they are suffering now. They rather die asset rich!
HOME can be very emotional and not as easy as we are thinking now as we cannot know how we are thinking in the next 20 or 30 years time living in the same HOME.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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