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Made $14K a month and struggling at 48 years old.

Saturday, March 18, 2017

Reader:
This one worth a share man.
Financial prudence - 14K a mth former banker and struggling at 48yo. Pity him anot?

http://www.straitstimes.com/singapore/out-of-work-and-out-of-luck-in-search-for-full-time-jobs?xtor=CS3-18

AK:
OMG!


Reader: 
14k per mth I think exclude bonus lah

AK:
Sigh. Banker somemore. Should know better.


Reader:
Master in Financial Engineering somemore.

Wasted, if got 14k a mth I think I can retire 5yrs - 10 yrs earlier.

AK: 
I also say. Squandered opportunity.

Reader:
Sayang the chance.


AK:
Don't ever think we are invincible. Plan for the day we meet our kryptonite. LOL



Tragic.

Of course, this is not a new topic in ASSI. See blogs like the following:

1. Don't think and grow rich.

2. From rich to broke.

3. Why some might never be rich?

Missed selling APTT at higher price.

Hi Mr. AK,

I like when you say all investments are good at the right price.


I also follow you to buy APTT when it was 38c. Thank you.






I just found out you sold end of last month. The price now 43c.


I missed the chance to sell at 49.5c. Do you think I should sell at 43c?






I am not blaming you but I only read your blogs on stocks.


I missed the sell on APTT at high price because it was not not in the blog title.








Hi LK,

Welcome to my blog.

If you like Peter Lynch's famous saying, you should first learn to tell the difference between price and value. 

You could start by reading some books: HERE.





Read that blog post of mine again to learn why did I choose to sell and not hold on to APTT for dividends. 

Note that although the investment gave me a very nice 32% capital gain, that was not the main reason for selling.






As for being less than organised in my blog, I am a mental blogger. Sometimes, I confuse even myself. 

A thousand apologies.

Best wishes,
AK

Related post:
The reader was referring to this blog:
My savings accounts, recent money flow and investments.


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