Friday, 21 April 2017

How Can Retiree Budget Without Earned Income???


Read? No More Year End Bonus!!!

 Read? You Can't Eat XIRR!!!

All these years since Uncle8888 has started to acquire competency on personal finance and investment; he has learnt to avoid over-spending and under-spending his earned income by budgeting on last year earned income and bonus.


2018 Household Budget = 2017 B/F Cash Flow (Leftover) + 2017 Investment Income + 2017 Interests
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4 comments:

  1. RayNg21 April 2017 at 10:05:00 GMT+8

    "2018 Household Budget = 2017 B/F Cash Flow (Leftover) + 2017 Investment Income + 2017 Interests"

    If 2017 Investment Income is negative, how?

    ReplyDelete
    Replies
    1. CreateWealth888821 April 2017 at 10:22:00 GMT+8

      Good question. That is the reason why I am avoiding S-REITs as source of investment income as any right issues may result in negative investment income.

      Delete
    2. RayNg21 April 2017 at 13:01:00 GMT+8

      Your 2017 Investment Income is mainly on Dividend and trading gain/loss from equity?

      Right issue from Reit may take back your dividend, it may increase to your future dividend amount. lol

      Delete
    3. CreateWealth888821 April 2017 at 13:10:00 GMT+8

      Ha ha. No stop loss. No negative mah

      Delete