Read? Depending on Investment Portfolio As Retirement Income - Next Year May Be Hit Harder!
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How Anyone can Retire a Millionaire
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TLDR? Trying to retire as a millionaire is not easy. In today’s post, I
evaluate if the methods others use get there are realistic in a Singaporean
Context...
4 hours ago
Tend to agree.
ReplyDeleteBut then where to put your money now except CPFIS still seems to be one of the best place.
If buying stocks now, be prepared for what WB said about your stomach reacting to your stock portfolio.
IMHO. i think it will come when the Central Banks of the World think or see further QE("printing more money") will spiral the economy into hyper-inflation.
Another words, in life, whatever & however is your plan, U can only pray/hope for the best and prepare for the worst case.
ReplyDeletePrepared for the worst case is most important so that U can survive with whatever may happens and not got killed by shock and surprise when worst case happens.
If ever got "killed", because of under estimated the worst case, at least U have done your best and "die" without regret.
Then U can go and enjoy investing in the stock market with confidence.
When i first started in 1987/1988, i had have this kind of thinking more or less.
Now definitely have more of this kind of thinking.
Shalom.
Hi,
ReplyDeleteThe best approach is to buy the stocks and keep for the dividends. There is no need to bother about the market movement as long as one spreads the eggs into various baskets. If the generated dividends decreases, one can reduce the expense accordingly.
Life should not be so complicated. Simplicity is the way to go.
WTK
Yes, life is actually very simple but human beings are political.
ReplyDeleteEven the animals kingdom too.
Especially among the monkeys, lions, etc poitics is fierce and quite cruel.
Monkeys and Otters have gangs! At least I can see their gangs in Singapore. LOL!
ReplyDelete