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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Thursday, 13 May 2021

Why Pursue Financial Freedom? (6) - Refresh!

Read? Coasting Financial Independence / Barista FI – More Realistic, Attainable and Balance

When Uncle8888 read the above! Ha! Ha!

He has been there doing it for years before finally closed his 10 yrs planned KPI!

When our company is into Bell Curve performance appraisal i.e. someone has to be at the other end of the Bell Curve but it can be us willingly; our immediate boss may appreciate our contribution to "fair" bonus distribution in his/her team without any resentment from you! "Fair" compensation for a willing Coaster! Why not? LOL!

Read? Why Pursue Financial Freedom? (6)


Posted by Createwealth8888 at 09:50
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4 comments:

  1. hyom13 May 2021 at 11:01:00 GMT+8

    Willing Coaster, Willing employer. Sounds like a good work arrangement. lol.

    My humble opinion. Job of the employer is to identify who are the ambitious go-getters, coasters and slackers.
    - Promote the go-getters.
    - Pay the coasters fairly according to what they put in.
    - Sack the slackers.

    Be thankful there are coasters. If everyone is ambitious and wants to get to the top, there will be too much politics in the workplace. No teamwork. Coasters have their use too. Haha.

    ReplyDelete
  2. Singapore Man of Leisure13 May 2021 at 11:07:00 GMT+8

    Why pursue financial freedom?

    And I thought its to get girls?

    (In contrast to girls get guy to gain financial freedom?)


    A rose by any other names is still a rose.

    Instead of calling what I do - 15 hour work week - I can call it Barista FI now?

    We like to pour old wine into new bottles - anything to make it more "hip" and flavour of the month ;)

    Just you wait.

    I'm sure when financial freedom/independence is over used and hackneyed one day, someone will come up with another sexier bottle!

    LOL!


    ReplyDelete
  3. Spur13 May 2021 at 12:23:00 GMT+8

    Lol! Not easy finding a company willing to accept coasters (tot the term was campers?) AND still pay well.

    In the old days when I was still working (Ok 13 yrs ago), that's usually GLCs & civil service. Not sure about now tho.

    Wifey, who is in civil service, has seen more people being asked to go in recent years. And these are middle to senior mgmt level drawing 5 figures monthly. But still quite welfare lah ... 6 months to find another job (1 joker took 1 year). No immediate terminations like some private companies.

    ReplyDelete
  4. Rainbow13 May 2021 at 16:06:00 GMT+8

    Probably only healthcare :P

    ReplyDelete

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