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
debt cannot grow faster than income, otherwise dead meat! That said, if u are able to afford and cleverly manipulate debt in manageable way, it can worked in your favour.
ReplyDeleteThe issue here is too many Singaporeans today are optimists because they were spoilt by our Mr. Govt, taking for granted that salary will only increase and increase and bonus can always be 2-3 months like it was always be in the last 30 yrs.
But frankly it is not true. So first criteria is dependent on ourself ownself then govt! Next if u can earn / afford n know what u doing, then why not. otherwise Better be a paranoid!
Rolf,
DeleteThat's why I was so impressed with someone when he "unloaded" his car.
Taking money off the table for investments - that's a lot easier said and done.
But to ACT and reduce family EXPENSES on foresight that dark clouds are coming?
Now that's a whole another level ;)