One of the critical things that I’ve learnt during my journey toward financial freedom is to be open to new realities and possibilities towards financial freedom.

When I first started out this journey, I was overly focussed on savings and investment and trying to grow my investment nest egg to a large enough size to live off the passive income. A lot of this was influenced by Robert Kiyosaki’s “Rich Dad, Poor Dad.” It is not a bad objective, but the uncertainties come with the investment returns that one can obtain from investments and also the risk of losing all your capital if you bet on the wrong instruments.

Safe is not Safe

Take AIG and Citigroup during the global financial crisis (a.k.a “subprime”) situation. These two counters were rock solid but the upheavals from the crisis saw AIG almost on the brink of collapse with ...