Personal Finance
Home for Living and not for profit taking (8)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 14, 2012
Read? Home for Living and not for profit taking (7) He is 59. Instead of looking forward to his retirement, he is hoping that his boss will recommend him to work till 65. HOW COME???? He took profit on his first HDB home and then took a second housing loan for his replacement home. He still have another 7 more years to clear his housing loan. It is exactly what my ex-neighbour did except my ex-neighbour is a taxi driver and can drive his taxi till 70. Home for profit taking??? In life, we all reap what we sow when we are much younger as we don't think decades away....
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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