Personal Finance
Having RESIDENTIAL housing debts on negative net worth in your late 40s or 50s???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 4, 2019
Read? Clearing debts early for a "Peace of Mind" is Overrated - Here's why??? Uncle8888 has seen through major recessions and retrenchment in his ex company and had seen his ex-colleague crying in front of him eyes when he lost his job. Meederka generation could have easily being debt free; but most love the idea of second bite or more of the cherries. Huge difference between "Having debts" and "Having debts on negative net worth" Having debts doesn't means negative net worth. Know the difference! Having debts on negative net worth is potentially troubled mind when you are retrenched in your late 40s or 50s. OMG! I am retrenched!...
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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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