Personal Finance
My passive income from 2015 all gone!
By A Singaporean Stockmarket Investor (ASSI)  •  May 15, 2016
I always say that we have to be careful to avoid activities which lead to wealth destruction, especially if we want to achieve financial freedom at a faster clip. Even though I have never specifically said what I consider to be wealth destructive, I suspect that, intuitively, all of us know what they are or am I too optimistic? I guess in today's world, many things can be wealth destructive and it would be quite difficult to list down every single wealth destructive activity. So, how do we know if something is wealth destructive? I might be putting my neck on the chopping block here but, in a nutshell: As long as something does not create wealth directly or indirectly but consumes wealth to keep it going is wealth destructive. If we want more of something, we don't want to do anything that will destroy it. So, if we want to be wealthier, we don't want to ......
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By A Singaporean Stockmarket Investor (ASSI)
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