Me & My Money Series (Sunday Times)

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(24-02-2013, 10:16 AM)Musicwhiz Wrote: This week's article is an inspiration! Finally, someone who has "resigned" early on in life (around 40) and devoted her time to charity work to make life ore fulfilling! Plus, she also lives simply, does not own a credit card, car or condo. Kudos to ST for this interview - I was very inspired by it. Big Grin

yes, indeed an inspiration. It is not due to no car, no credit card and no condo, but a clear goals in life, and worked hard for them.

"three goals to meet in life - to do my parents proud, to do my teachers proud, and to live out my calling in life"

Probably many of us can do our parents proud, slightly less can do our teachers proud, much less to live out of our (true) calling in life.

Her parents are her role model.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Indeed is a inspiration, she is indeed very wealthy, in particular, in the emotional and spiritual domain. In terms of how one should lead 1 life, she is a A*. Not just aiming for financial independence as an ends but a means to an end. However, she has a few unique situations, she is single, therefore less expenses, and more time for part time job. I hope ST can find another case study that is more common, family with kids, time need to allocate p that and still hit financial independence early. I could be earning at least 50% more if I could use the evening and weekends. But family is still priority, no point able to retire at 50 but no close to family
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how is it that her mum was a tcm practitioner, and yet had to pass on with killer cancer?

and also, the land titles that she said vested in malaysia, canada and usa, i bet these are probably land-banking scams
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(24-02-2013, 12:50 PM)pianist Wrote: how is it that her mum was a tcm practitioner, and yet had to pass on with killer cancer?

and also, the land titles that she said vested in malaysia, canada and usa, i bet these are probably land-banking scams

TCM practitioners do not necessary mean immune from cancer although leading a healthier life reduces the probability.

TCM is one of interested domain. Hopefully it helps me to reduce the probability... touch wood... Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(24-02-2013, 01:20 PM)CityFarmer Wrote:
(24-02-2013, 12:50 PM)pianist Wrote: how is it that her mum was a tcm practitioner, and yet had to pass on with killer cancer?

and also, the land titles that she said vested in malaysia, canada and usa, i bet these are probably land-banking scams

TCM practitioners do not necessary mean immune from cancer although leading a healthier life reduces the probability.

TCM is one of interested domain. Hopefully it helps me to reduce the probability... touch wood... Big Grin
how would u pursue this interested domain?
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(24-02-2013, 01:30 PM)pianist Wrote:
(24-02-2013, 01:20 PM)CityFarmer Wrote:
(24-02-2013, 12:50 PM)pianist Wrote: how is it that her mum was a tcm practitioner, and yet had to pass on with killer cancer?

and also, the land titles that she said vested in malaysia, canada and usa, i bet these are probably land-banking scams

TCM practitioners do not necessary mean immune from cancer although leading a healthier life reduces the probability.

TCM is one of interested domain. Hopefully it helps me to reduce the probability... touch wood... Big Grin
how would u pursue this interested domain?

IMO, TCM is quite similar as value investing, simple in concept, but hard in practice.

It started with books, later attended classes on specific topic. You may not aware there are classes/seminars organized by The Singapore College of Traditional Chinese Medicine.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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thought cancer cells are always present in everybody.. just that they have not been activated yet.
usual triggers are stress... chemicals (food)...etc..

i am interested in TCM though... just not much time nowsday...
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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I don't think any valuebuddy here would have a problem becoming financially free this young if we were in similar circumstances where:
- you have no dependents;
- you inherited housing.

Living the values that she subscribes to, on the other hand, I don't know if I can live up to it though it all sounds very noble! Smile[/u]
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I was just thinking how things have changed since our parents generation, sparked by the discussion by Helaine Olen when she went on the Jon Stewart Daily Show to discuss her new book, Pound Foolish on the personal finance industry.

Nowadays, we spend as much time on our investment education as improving our own professional skills which we use in our respective industries. Maybe even more. There is a belief that one is not able to retire comfortably if you are not able to plan ahead (whether investment or insurance) which is very much unlike our parents.
You can count on the greed of man for the next recession to happen.
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(25-02-2013, 08:44 AM)Muck Wrote: I don't think any valuebuddy here would have a problem becoming financially free this young if we were in similar circumstances where:
- you have no dependents;
- you inherited housing.

Living the values that she subscribes to, on the other hand, I don't know if I can live up to it though it all sounds very noble! Smile[/u]

True. Each month I spent around $500 on myself (excluding insurance), but spend $1+k on property loan, $1+k on parents, close to $1k on kids.
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