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How I Invest For Income Without Losing It Back To Mr Market During Retirement?
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 14, 2020
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...
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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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