It is quite common that Uncle8888 heard from retail investors when talking about investing .. "I invest in S-REITs for income!" Hmm .. Does it really matter the cash flow from our ASSETS is Black Cat or White Cat? As retiree, Uncle8888's cash flow come from dividends, interests, trading, and when necessary some SMALL asset draw-down from those interests generating assets to supplement any short fall in annual cash flow. Anyway; these interest generating assets don't produce higher return so any small draw-down to this asset base is not significant and it is not going to be alarming or damaging to the gross cash flow. In investing; it does matter when we are right we want to win bigger to over-ride and stay longer! This is long-term investing strategy! Patience and discipline with our eyes always watching the Ball!
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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