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Financial Independence: Passive Income > Household Expenses??? Chun bo?
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 11, 2016
This guy is really something! No parroting like many other new investment bloggers coming on board! Ask serious question! Read? Concerns about passive income
I read many blogs and saw many bloggers showing their portfolio focusing on Singapore stocks and also properties as well. I am trying to learn bit by bit and trying to understand the risk as well. Of course I am coming from the very very negative point whereby there is a super huge crash in Singapore economy, maybe worse than 2008/2009, what is their contingency plan?
CW8888:
Old man like Uncle8888 who lives long enough to know the real world of investing and economy so he doesn't want just to depend on investment income to survive. It is a strategy of getting much lower investment return but trade off by having certainty of other sources of cash flow for survival...
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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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