(I salute Tan Hock and Wilson Poh.)
An exchange with another blogger.
Just thought I’d share this since many investment bloggers (whose plans, like mine and yours) are to live off investments;
Not sure if it’s because a significant number do not understand the trade-offs involved nor the aspirations of passive investors, but it is a poorly conceived notion that living off savings/investment is a “bad” idea for the economy because of the loss in productivity.
Perhaps many just refuse to learn how to live without the need to wake up for work everyday. It would not surprise me if a poll showed that this group only believes that a stable job and income is the way to pay bills (racked up by buying things they do not need).
Maybe they should try living for years bringing their own lunch to …