Personal Finance
Why retirement is not an option for some people?
By A Singaporean Stockmarket Investor (ASSI)  •  September 1, 2017
Ever since I went on a low carbohydrate diet, I have been consuming more protein and fats. One of the things I do eat from time to time is fish and I enjoy Batang fish quite a bit. This evening, I paid almost $5 for my fish dinner:
150 grams of Batang fish. Just nice for a grown man or at least for me. A dusting of turmeric powder, a sprinkling of garlic salt and some butter.
1 minute in the microwave oven at 800 watts, followed by a drizzle of extra virgin olive oil and it is good to eat.
Yummy.
Anyway, as I was walking home from the supermarket, I tossed some numbers in my head. $5 doesn't seem like a lot of money but to someone who makes $100 a day, that is 5% of his daily pay. (Once upon a time, that was my daily pay too.) Considering the fact that $20 goes to his CPF, $5 is actually 6.25% of his take home pay. This is quite a big percentage......
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By A Singaporean Stockmarket Investor (ASSI)
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