I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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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

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Value Investing
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Sunday, 28 May 2017

Live Like University Student???


Uncle8888 has been tracking his youngest son's personal living expenses as university student. It is ranging from $208 to $555 per month since May 2016. 

 Mid point is at $381. 

 Highest/Lowest is 2.7
Wide range could mean that he is living quite well and can also be frugal under circumstance during exam period. Where got time to go out and spend money?

 How to save more money?

 Try monetize your weekends by working.

 Sure save more!
Posted by Createwealth8888 at 12:39
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3 comments:

  1. Spur28 May 2017 at 13:24:00 GMT+8

    Waah lucky I never kena tracked like that during my Uni days. Anyway my mum only gave me average $50 per month. Take it or leave it. The rest I got by giving tuition & working at Macs. Now I hear my friend's daughter can earn $800 per month as part-time retail while in polytechnic, and $1500+ during school holidays ... waah dunno zhun bo ... like that her poly course must be quite switched off.

    ReplyDelete
    Replies
    1. Createwealth888828 May 2017 at 13:29:00 GMT+8

      I track under-cover in the background by periodically view the joint-account on bank transaction withdrawal and noting those items relating to living expenses to get these numbers.

      Delete
    2. Createwealth888828 May 2017 at 13:30:00 GMT+8

      High commission retail selling?

      Delete

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