Read? Return On Human Asset vs Return On Financial Assets???
In Singapore, our financial assets for retirement income and assets draw-down can be from saving, lending (bonds), investment and CPF
One data point from Uncle8888
His lifetime of 39 years of earned income as full-time employee and concurrently 20 years as retail investor in local SGX trying to build more wealth through the stock market.
Hmmm, some 60% of my current wealth was obtained through salary income while another 40% was obtained through investment in stock market. If I have not done anything to improve my wealth in those years, I probably ended up with only that 60% of the wealth now.
ReplyDeleteFoundation of our wealth is still from earned income and saving
DeleteNot sure how many are dreaming of becoming rich through investing or trading.
Delete