Sunday, 13 August 2017
Retirement Income : Surviving Vs Thriving
Read? Surviving Vs Thriving
Those are a few examples of surviving vs thriving. But all of these examples have the same underlying commonalities. They are:
1. To thrive, you must first survive.
2. You must have something steady in your lives before you can take the necessary risk in order to thrive.
3. You must be prepared to put even more effort and energy to thrive, because the game rules for surviving and thriving is different.
CW8888
Same as retail investing in the stock market; do we aim for surviving with high dependency on dividend income over future market cycles riding the boom and doom cycles of our invested companies or thriving for higher investment gains at the next doom at higher risk and return but forgoing current cash flow?
Very difficult decision to make!
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