tag:blogger.com,1999:blog-7944902213075756335.post3695882284317133364..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): To retire by age 45, start with a plan.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger47125tag:blogger.com,1999:blog-7944902213075756335.post-82403244616774548572019-02-19T08:01:25.194+08:002019-02-19T08:01:25.194+08:00Reader says...
Hi AK,
I started reading your blog ...Reader says...<br />Hi AK,<br />I started reading your blog during last month and I just cannot get enough. My friend who intro me is frust with the lack of new blogs from you but I am lapping up your old content! I am 40 this year and would like to be able to retire by 55 which is when I can touch my CPF. Any advice?<br /><br /><br />AK says...<br />Welcome to my blog. :)<br />Making good use ofAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1949471996470518612018-09-16T19:39:56.017+08:002018-09-16T19:39:56.017+08:00Hi Ben,
Oh, for sure, it is important to have a w...Hi Ben,<br /><br />Oh, for sure, it is important to have a war chest ready.<br /><br />We cannot predict but we can prepare. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71411175625994186222018-09-16T11:58:03.051+08:002018-09-16T11:58:03.051+08:00Hi AK,
You have struck a new philosphy. $370K of ...Hi AK,<br /><br />You have struck a new philosphy. $370K of warchest in GFC. You are right to indicate that it does not matter what the amount is at the point of crisis. The most important thing is to be ready with the warchest to take advantage of the circumstance. If the crisis comes, great. If no, I am happy to be increasing the warchest whilst investing in the shares on regular basis.<br /><WTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68225248708128112282018-09-09T10:19:48.434+08:002018-09-09T10:19:48.434+08:00Hi Ben,
Aiyoh, not late lah.
Jack Ma is retiring...Hi Ben,<br /><br />Aiyoh, not late lah.<br /><br />Jack Ma is retiring tomorrow at age 54.<br /><br />AK wins! :pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2429096251152389432018-09-09T00:36:19.956+08:002018-09-09T00:36:19.956+08:00Hi AK,
Now I know why you retired at 45. It's...Hi AK,<br /><br />Now I know why you retired at 45. It's better to be late than never.<br /><br />BenWTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-41304185020540328972017-10-28T13:41:37.877+08:002017-10-28T13:41:37.877+08:00Need to work till age 65 or 70 is different from w...Need to work till age 65 or 70 is different from want to work till age 65 or 70. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55437481485611058952017-10-28T13:36:38.197+08:002017-10-28T13:36:38.197+08:00An ongoing local study has found that nearly half ...An ongoing local study has found that nearly half of men and a third of women aged 55 to 59 expect to still be working at the age of 65.<br /><br />About 19 per cent of women and 26 per cent of men also expect to be working at the age of 70.<br /><br />These were the results released by the Singapore Life Panel study, which surveys an average of 8,000 Singaporeans and permanent residents aged 50 AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89416283896175205262017-06-14T09:30:56.802+08:002017-06-14T09:30:56.802+08:00Hi csky,
There are so many ways to financial free...Hi csky,<br /><br />There are so many ways to financial freedom. It is never my way or the high way. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28685341787571308112017-06-14T04:09:08.275+08:002017-06-14T04:09:08.275+08:00HI AK,
I am slowly go through your old posts. Int...HI AK, <br />I am slowly go through your old posts. Interestingly, I have been to your site previously but the posts didn't strike much of a cord with me at the time <br /><br />I guess the saying "when you are ready, the teacher will show up" is true! Cos now, I am seeing your posts in new light and have learned much since. <br /><br />Also, I must say you are really so disciplinedcskyhttps://www.blogger.com/profile/06744781321170645930noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-47309484729926741512014-08-09T11:27:46.711+08:002014-08-09T11:27:46.711+08:00Hi Hans,
Welcome to my blog. :)
I was staying wi...Hi Hans,<br /><br />Welcome to my blog. :)<br /><br />I was staying with my parents till I was 35 too, if I remember correctly. I moved into my own place then. Sold it 3 years ago and now waiting for my new place to be ready.<br /><br />I thought of investing directly in overseas properties too but decided that I am too kiasi and lazy to do it. So, I do it through selected REITs instead. ;p<br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57531181824158154342014-08-09T01:09:48.534+08:002014-08-09T01:09:48.534+08:00Hi AK71,
Nice post. Slowly reading through your s...Hi AK71,<br /><br />Nice post. Slowly reading through your site. Late to this whole internet blogging and social media scene but I am very free recently. :)<br /><br />Mr Tan needs to also factor in buying a house and paying of the mortgage so that adds significantly to the amount of money he needs to earn / save. This is why I still stay with my parents. Haha<br /><br />I am personally a big Hhttps://www.blogger.com/profile/14019576893183757847noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2346329839267806442014-06-25T07:59:04.172+08:002014-06-25T07:59:04.172+08:00Hi Veronika,
There is definitely something to be ...Hi Veronika,<br /><br />There is definitely something to be said about being financially prudent and about investing regularly in sound dividend paying stocks. <br /><br />From the 1970s to the current day, you have shown that a vital ingredient is also patience. None of that "get rich quick" mentality. :)<br /><br />Thank you so much for sharing your experience and knowledge so readilyAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82148769252563791212014-06-24T22:44:27.086+08:002014-06-24T22:44:27.086+08:00Hello Capricon
My experience in investments is a ...Hello Capricon<br /><br />My experience in investments is a journey.. sometimes painfull.<br /><br />I simplified my investment portfolio into 3 circles so that people in AK's blog can understand easily.<br /><br />Over the years, I realised that I had accumulated shares of several companies that paid dividends well. What began as a conservative approach appeared to have some structure!<br />ronhttps://www.blogger.com/profile/13885661137371524688noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32554610199387642682014-06-24T12:09:34.328+08:002014-06-24T12:09:34.328+08:00Hi Cindy,
I must say that I cannot remember exact...Hi Cindy,<br /><br />I must say that I cannot remember exactly by now. Will have to make a visit to Fundsupermart.com to be sure. You could be right. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16968000591080354662014-06-24T12:07:10.708+08:002014-06-24T12:07:10.708+08:00Hi arithmos,
I am glad you enjoy my blog enough t...Hi arithmos,<br /><br />I am glad you enjoy my blog enough to visit regularly. Thanks for letting me know. :)<br /><br />I don't know whether my spending habits will change or not when I retire from active employment. I have a feeling that I could actually be spending less money since I would then lack an earned income. Make less, must spend less, right? ;p<br /><br />As for whether to AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6455986386530937752014-06-24T12:06:43.159+08:002014-06-24T12:06:43.159+08:00Thanks AK!
I guess when you mean a Unit Trust you...Thanks AK!<br /><br />I guess when you mean a Unit Trust you bought with SA, you mean a balanced fund? Cos I understand a pure equity fund is not allowed for CPF SA. Anonymoushttps://www.blogger.com/profile/10403146728589730088noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61428249409761999472014-06-24T11:30:33.241+08:002014-06-24T11:30:33.241+08:00Hello AK71, I read your blog every other day. It s...Hello AK71, I read your blog every other day. It serves as an (in fact most) important financial reading and investment tool for me.<br /><br />I have retired ~ 45+ not long ago. I think for your retirement ...another interesting aspect to blog is what would you really want to spend on ... <br /><br />I use reit/dividend stocks as income (~100K)I don't invest in growth stocks but reit valuesarithmoshttps://www.blogger.com/profile/05167074954072218415noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6254593825732128592014-06-24T07:26:29.437+08:002014-06-24T07:26:29.437+08:00Hi Cindy,
It was a unit trust that invested mainl...Hi Cindy,<br /><br />It was a unit trust that invested mainly in Singapore blue chips and it was denominated in S$. :)<br /><br />The frog in a well was more comfortable with local companies. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58344201158142110392014-06-24T00:38:27.396+08:002014-06-24T00:38:27.396+08:00Hi AK,
When you mention Singapore centric unit t...Hi AK, <br /><br />When you mention Singapore centric unit trust, do you mean the unit trust is in Sing dollars or do you mean the the Unit trust invests in Singapore stocks? <br /><br />Pardon my really newbie questions cos I am looking through the different unit trusts and realise the sheer amount of unit trusts to look thtough :P<br /><br />Anonymoushttps://www.blogger.com/profile/10403146728589730088noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83222794538176942532014-06-24T00:03:51.802+08:002014-06-24T00:03:51.802+08:00Thanks AK ... no prob about not revealing more. I&...Thanks AK ... no prob about not revealing more. I'll read up on the links provided and find out more. <br /><br />:)Anonymoushttps://www.blogger.com/profile/10403146728589730088noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83703894136179869472014-06-23T23:38:14.716+08:002014-06-23T23:38:14.716+08:00Hi Cindy,
I am not going to reveal anymore. I thi...Hi Cindy,<br /><br />I am not going to reveal anymore. I think I have ventured beyond what is usually comfortable for me this time. LOL. However, if you have been reading my blogs, you will know what I think about staying invested etc. ;p<br /><br />You might be interested in this: <a href="http://singaporeanstocksinvestor.blogspot.sg/2013/06/when-to-be-fully-invested-in-stock.html" rel="nofollowAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81455735926229219182014-06-23T23:10:19.907+08:002014-06-23T23:10:19.907+08:00Hi AK,
This is a very interesting post to me, esp...Hi AK,<br /><br />This is a very interesting post to me, especially since I'm still a newbie in investment and have not been through any market crash. There are 2 questions in mind as I read through your replies to the comments:<br /><br />1) At age 37, what is the percentage of your stock investments as compared to your warchest? I'm wondering how much I should set my cash aside as Anonymoushttps://www.blogger.com/profile/10403146728589730088noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70941980168039567052014-06-23T22:28:38.286+08:002014-06-23T22:28:38.286+08:00Hi Capricon,
Actually, you might remember that mo...Hi Capricon,<br /><br />Actually, you might remember that most of Veronika's comments are truly gems. It is a pity that they are all in the comments section of my blog since fewer readers bother to read comments, I found out. :(<br /><br />A guest blog or a few from Veronika would be a good idea.(<i>looking sideways at Veronika now</i>).AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11870906982553785412014-06-23T22:24:33.918+08:002014-06-23T22:24:33.918+08:00Hi Ana,
I think that starting in your 30s is not ...Hi Ana,<br /><br />I think that starting in your 30s is not late at all. So, if you would like to have a similar plan like Mr. Tan's and if you start at age 35, you could retire by age 55. How does that sound? ;p<br /><br />Realistically, we have to understand that everyone has different circumstances. The important thing is to do the right things and, given the circumstances that we have, AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9413221494832162402014-06-23T21:52:21.672+08:002014-06-23T21:52:21.672+08:00Unfortunately for me, I didn't invest or don&#...Unfortunately for me, I didn't invest or don't know how to until my thirties....;( :(. :(Anahttps://www.blogger.com/profile/04893597653717284552noreply@blogger.com