Personal Finance
Save more than 60%. No need to invest??? (4)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  December 16, 2018
Read? Save more than 60%. No need to invest??? (3) Uncle8888 met this single ex-colleague who is Minimalist No 1 with his no passport status. With no passport and that will mean he will have no costly overseas vacation expenses. He said he will be reaching retirement (at 62) in few year time; but he hopes that he will be able to work longer to accumulate more CPF and cash saving unlike Uncle8888 who has passive income and can retire early. He said he can't! His retirement assets will be CPF, cash and if necessary rent out spare rooms. Currently; he valued ...
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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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