Friday, 3 June 2016

The Price Of Two Years Early Retirement or The Redemption Cost For Two Years Of Time Freedom!!!


As fixed salary employee, Uncle8888 can more or less estimate the price of two years early retirement or the redemption cost for two years of time freedom.


8 comments:

  1. Wow 15% from just two years! That means you are earning quite a huge amount. Thats good! For me I think I will work until I cannot work. hahaha. The amount that I am aiming before retirement is really crazy. Dont think I will ever hit that

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    Replies
    1. The young ones who haven't know the real impact of INFLATION on wages and growing your earned income from low base from your parent generation. My starting pay in Aug 1977 was $3XX. Recruit pay was $90. Private was $110 and Corporal pay was $210

      This chart will teach you!

      After 39 years of inflation, your earned income will become SO BIG and INFLATED! :-( :-( :-(

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    2. There is lesson to be learnt with James' comment: Wow 15% from just two years! That means you are earning quite a huge amount. Thats good!

      In the cyber world, do not get too excited with big number posted by bloggers or cyber warriors. Learn from SMOL's Trust but Verify. Ask for the reason behind these big number and how the big number came about.

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  2. Uncle
    U got noble ? Very scaring stock leh

    ReplyDelete
    Replies
    1. so u wan accept right issue??

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    2. of course, such steep discount. must take up all right issues otherwise get diluted

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