The second part of my video under My Two Cents is out, you can follow this link to access it :
I let the video speak for itself. I'm particularly proud of Kopi Tilok arbitrage.
As we had to brainstorm more unconventional ideas compared to how much we actually deploy, not all of my ideas made the cut, so I will list out the rejected ideas on this blog :
- a) Don't believe in asset decumulation
In financial planning circles, a lot of care is taken to consider decumulation which is the process an older person begins to spend down his asset class before he dies. To dividends investors with a portfolio of decent size above $3M who also have children, this is totally optional.
It is entirely possible to limit spending to investment income and pass along capital to your children after you pass away. Wealthy people do not believe in decumulation anyway
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