GBP/JPY holds below 192.00 following UK Retail Sales data
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GBP/JPY loses momentum around 191.65, down 0.31% on the day. The UK Retail
Sales came in at 0% MoM in March from a 0.1% rise in the previous reading,
weak...
1 hour ago
Performance. Ownself checks ownshelf?
ReplyDeleteUncle8888,
ReplyDeleteBeing able to save sufficient savings to last throughout retirement is very good liao!
That article talking about having liquid savings/investments being more than whatever you've earned so far in life. Somemore exclude value of home & any business assets.
Very tough lah. Basically your savings & investments must earn more than your entire salary.
Even many multi-billionaire star investors got their billions through huge salaries, huge bonuses and stock options paydays.
Warren Buffett is a rare example. He keeps paying himself only $100K a year salary, and refuses to accept stock options. The 350,000 Berkshire Class A shares he owns is through buying on the open market at publicly traded prices. And that accounts for his >$80B liquid wealth.
Well done Uncle8888!! Kekeke!!!
ReplyDeleteYour total net worth is >80% of your entire earned salary.
It's like you only spent less than 20% of all your salary throughout your lifetime so far, somemore buying a flat, supporting a family, 3 kids thru Uni, etc. **Hormat!!**
That shows the Power of Compounding Interests in CPF Accounts!
Delete