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Save more than 60%. No need to invest??? (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  November 25, 2014
Read? Save more than 60%. No need to invest??? After hearing someone with $5.2M and lost $1m punting in the stock market; she is not wrong in not investing as she had enough to retire with an asset draw down strategy. How many of us actually feel the sharp pain of inflation impact? Likely, most of us will get over the price hike after a few rounds of purchase. Do you feel painful when you eat $3 chicken rice now? But, when you lost large sum of money, it can be painful for many years whenever you think of it......
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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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