Without losing any income investment back to Mr Market?
Chun bo? Remember that you said that Losing is part of investing game. LOL!
3Ms - Method, Mind and Money ManagementMethod
Uncle8888 has two bank accounts i.e. one joint bank account for investing which linked to joint CDP account and another joint account for saving to fund household expenses.
Investing is investing. Liquidity for household is spending. Never mix up investing with saving/spending. Never!
Whatever investment income i.e. dividends or trading gains will be transferred from investing to saving for liquidity to fund household expenses.
Mind and Money Management During his retirement phase; he is no longer investing to build up more wealth for his retirement as he is already retired. He is investing for income to spend and using his war chest to calibrate investment income to try to make it sustainable across market and...