Personal Finance
Rich Dad. Poor Dad. The Viral Worst Parents Video!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 11, 2018
Worst parents? Read? Parents can be an Asset or Liability to the children? No. Uncle8888 didn't want to follow his Poor Dad's foot path to become liabilities to his three children. He took the path of Rich Dad to become an asset. Some parents are just too poor to plan for their own retirement. There is nothing leftover after providing whatever they have on hand to their children. That is their "best" relatively! When they are so poor how to reach FI through saving and investing? How? Big how? To be able to plan for retirement; it is all about absolute savings in dollars! Once upon a time; one blogger was happy to announce that he has achieved his $50K savings target for that year. But; another blogger added on that he had saved more than $90K. I can. You can! ......
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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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