Personal Finance
Less Is More – Simplfy it Whatever Thing We Really Care!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 12, 2016
Less Is More ... Look at the final number or outcome! Uncle8888 was no different; he also started by tracking every single expense and transaction to know his household expenses and to manage his budget; but slowly he began to realize that this type of detailed tracking and tabulating was sucking away his time. It was not much fun doing them either. He was spending up to 2 minutes per expense or transaction doing tracking and recording and slowly these activities added up! Suck man! Read? Two Bank Accounts? No, You may need Four! - (4) Less Tracking. More Big? What we really care or concern is how Big? Ultimately, we just  need to know how big has this number happened in the past and how often have other similar big numbers also happened? ” If you have a worry problem, do these three things:  1. Ask yourself: “What is the worst that can possibly happen?” ......
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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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