Personal Finance
The Most Important Number
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 15, 2015
Read? The Most Important Number Uncle8888's Wealth Formula Wealth = Asset Value (aka Net Worth) + Cash Flow Once we have accumulated our desired net worth, then we should switch gear to refocus on cash flow to maintain sustainable retirement income for life and to avoid having to force sell assets at wrong market timing. You can see that Uncle8888's Net Worth is very volatile so it is very important for him to refocus on sustainable cash flow and avoid selling at the wrong market timing....
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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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