Financial advisers love to scare their potential clients on inflation! So scary meh? For younger folks; did you see your parents, grand-parents and great-grand-parents broke down due to inflation? Honestly; Uncle8888 since started working in Aug 1977 till Sep 2016; he didn't really feel the pains of inflation hitting him hard; but the real heartache came from seeing his investment portfolio collapsing so fast! LOL!
Losses in your investment portfolio is far more scary than year on year inflation.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd 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.
Last updated: 3 Sep 2017
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