The RETIREMENT thread

[Thick Face Black Heart]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

The JB Bull Market has peaked as well

So fast?!!? Why leh??

 

[LeMans2011]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

So fast?!!? Why leh??

It was dormant until 2011 when it started to gather steam. In 2012 it shot up fast n furious. Those who purchased before 2011 has seen their asset values doubled... however one cannot expect the same momentum going forward. Requalify my statement it has not exactly peaked... but the period of goldem opportunity is over. Whoever puts money in now is a judgement call.

 

[Leongsam]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

It was dormant until 2011 when it started to gather steam. In 2012 it shot up fast n furious. Those who purchased before 2011 has seen their asset values doubled... however one cannot expect the same momentum going forward. Requalify my statement it has not exactly peaked... but the period of goldem opportunity is over. Whoever puts money in now is a judgement call.

Since you can foretell the future, you must be an extremely rich man by now. I've never been able to read any market the way you can.

 

[tonychat]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

Since you can foretell the future, you must be an extremely rich man by now. I've never been able to read any market the way you can.

 

[looneytan]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

:oIo::oIo::oIo::oIo::oIo::oIo:



:oIo:

 

[LeMans2011]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

Since you can foretell the future, you must be an extremely rich man by now. I've never been able to read any market the way you can.

I cannot foretell the future that's why I said it is a judgement call. Even for those who has holding power. Who would have thought the lovely waterfront houses at Gold Coast would become a curse like it is today? Bracing for massive flood every year, I was told the locals have renamed Hope Island to Hopeless Island.

 

[tonychat]

Re: dedicated to Leongsam: 4 Things Rich People Should Stop Saying

Since you can foretell the future, you must be an extremely rich man by now. I've never been able to read any market the way you can.

He didn't foretell the future. He is just talking about history. he mentioned 2011 and 2012, and now is 2013.. Maybe he did mention he knows this would happen in 2009.. but i didn't come across him posting this.

 

[STUCK_HERE]

Here's a retirement question. Is it better to not work and live on your retirement fund or work at some menial job like McDonald's and get some income?

 

[Leongsam]

Here's a retirement question. Is it better to not work and live on your retirement fund or work at some menial job like McDonald's and get some income?

Only if you find working in McDonalds immensely satisfying. Otherwise, I'd recommend other sources of income.

Nobody should stop working after they retire. Work is good for the soul and the mind. However, you should stick to what you love doing and which offers the flexibility for you to pursue your hobbies and your passions.

 

[Thick Face Black Heart]

I do not like the Robert Kiyosaki model of rapidly creating and selling businesses. This model has no concept of loyalty, the inculcation of the ability to change, withstand adversity, and building an enterprise for the long run. I think these are important values.

 

[iamfree]

Here's a retirement question. Is it better to not work and live on your retirement fund or work at some menial job like McDonald's and get some income?

To each its own.

As for me, early retirement means that I am able to do what I want, when I want. The best thing is that there is no one that you need to answer to, for your actions. If you do not like what you are doing (or unable to complete your task), then no worries! Just move on to another new task that catch your fancy.

I do not find working at McDonald fulfilling. But others may.

 

[MBSSLOTS]

be a gigolo and service milf lah...i am sure it is fulfilling!

 

[I_Hate_Pappies]

be a gigolo and service milf lah...i am sure it is fulfilling!

What the hell are you talking about? This is a serious thread. :oIo:

 

[MBSSLOTS]

What the hell are you talking about? This is a serious thread. :oIo:

Lumpar serious lah? even Hokkien upz me when i post! :oIo:

 

[kryonlight]

Here's a retirement question. Is it better to not work and live on your retirement fund or work at some menial job like McDonald's and get some income?

Maybe work part-time. Income can be used to offset unforeseen inflation, or to give yourself a short regional holiday.

 

[STUCK_HERE]

Is it really bad to have nothing to do in retirement except eat, sleep, exercise and some daily routines.

 

[enterprise2]

Is it really bad to have nothing to do in retirement except eat, sleep, exercise and some daily routines.

U do that, u already one foot in the grave!!

 

[Thick Face Black Heart]

U do that, u already one foot in the grave!!

The worst thing is to isolate yourself. Gotta go out, talk to people, do something you find worthwhile. Just eat-sleep-exercise-go HFJ is recipe for disaster.

 

[GoldenDragon]

The worst thing is to isolate yourself. Gotta go out, talk to people, do something you find worthwhile. Just eat-sleep-exercise-go HFJ is recipe for disaster.

Agree. If no purpose, no objective to aim for, what's the point in living?

 

[Equalisation]

The worst thing is to isolate yourself. Gotta go out, talk to people, do something you find worthwhile. Just eat-sleep-exercise-go HFJ is recipe for disaster.

Agree.

At my vintage now, I am into horticulture.:o