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24-06-2012, 11:48 PM
What? Retirement?
There is no such thing in life. Even if now you have 2 million in cash don't you still have to make sure this sum of money can at least beat yearly inflation? So that you won't run out of gas first before money. Besides, don't think you want to lower and lower your life style as you grow older and older. When you don't have to work for somebody, doesn't mean you don't have to work for yourself. Unless you want to become a real Buddhist monk who gives up all worldly possessions and join the monastery. Ha! Ha!
There is no such thing in life. Even if now you have 2 million in cash don't you still have to make sure this sum of money can at least beat yearly inflation? So that you won't run out of gas first before money. Besides, don't think you want to lower and lower your life style as you grow older and older. When you don't have to work for somebody, doesn't mean you don't have to work for yourself. Unless you want to become a real Buddhist monk who gives up all worldly possessions and join the monastery. Ha! Ha!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.