Money in > Money out = retirement.
Sounds logical but I also have to consider factors like how much, on a consistent basis, time frame to achieve the goal and emergency expences.

Cheers!

Could we not have a combi of Fundamental plus Technical plus Investors’ mindset instead of ‘vs’?

Just like Theory X or Theory Y, if not Theory Z?

There’s no right or wrong but if given the choices, i would prefer all of the above.

Cheers,
Patrick

Thanks for agreeing the same point on my para (2) or you have a different interpretation of my para (2)?

Regards,
Patrick

Like the bottom-fisher you alluded to. They are also known as turnaround artiste, deep value investor, and carpetbagger… LOL!

To limit my post to max 2 x A4 pages, I’ve to stick to the 2 main sub-groups. Hmm, maybe one day I will write about this unique group of fundamental investors!

Cheers!

Hee. Is there a 3rd sub group? Lazy bums who invest only when the majority are selling?

You are not wrong but I will rather not use the word ‘Save’. One can be a very disclipline saver, e.g. I save 50% of my salary in the bank but if he does nothing with the money in the bank, it will be difficult to meet his retirement needs.

I will say that I put aside X amount into shares, Y amount into property, Z amount into money market etc.

The journey of a thousand miles begins with a simple step. And that step is to start saving! With sufficient savings come investment, building a diversified portfolio income till you could invest in a property thats reasonablt and comfortably priced.

Through a combination of passive and portfolio income, where the income generating assets are greater than your expenses in your cash flow statement, you will have a sense of safe and solid retirement. Any inputs?

Welcome to the world of zero savings! :)

Interesting!

If you are a first generation business owner, then you are indeed rare! You have taken the inclusive route – ours instead of me ;)

Many western companies and firms are named after the founder – like IKEA, Montgomery Ward (former companies I’ve worked for), HP, Ernst and Young, Disney, etc.

Even if the word “we” is used in the company’s manual, it’s clear to all whose vision we are working for.

All the best to your business in Singapore! I shall eagerly wait for your website to be ready. I see you are skilled in the arts of cheerleading too ;)

Jared Seah – Cheerleader

Welcome to the shades of grey!

Sometimes black and white terminologies hinder more than help. Just as long we understand the “true nature” of our actions, we don’t have to answer to others.

Taking a holiday can be a “waste” of money to some (you come back without tangible assets); but to others, it’s money well spent to understand ourselves (are we adaptable to change and new things).

You are absolutely right. Savings are meant to be spent anyway so does it matter if you save little by spending now or save up a lot to spend later? What’s important is your financial goals rather than comparing how much you save.

Craig Dean
Director
Singapore Financial Advice

Mr Kamal Ashnawi looks quite young. Would it be fair to say he has inherited his trillionaire status?

Craig Dean
Director
Singapore Financial Advice