Investment does not equal wealth. In fact, investing is just an action to put money into something, with the hope of generating return in the future. (Note: For those selling or marketing investment opportunities, this blog post is not for you.) Retirees can’t afford to lose a single dollar After his retirement, a famous Hong Kong disc jockey changed path to be an … [Read more...]
3 property statements that don’t hold water
I always believe that there are things best leave it to the professionals, such as legal and taxation matters. On the other hand, there are things best to be managed on your own, especially when it comes to finance and investment. I immediately struck a chord with Andrew Craig when I read his book How to Own the World: A Plain English Guide to Thinking Globally and Investing … [Read more...]
The truth about people who have financial freedom
I was surprised to see the last post “The journey to financial freedom: my personal story” become my blog’s most viewed post in 2019 – in just 48 hours after putting it up. I thought financial freedom is a dry topic unrelated to properties that the readers probably won’t be interested. So, is it the keyword “financial freedom”, or the promise to share “my personal story” … [Read more...]
The journey to financial freedom: My personal story
I just read the book Financial Freedom: How People Live When They No Longer Need to Work. The author Gisela Enders interviewed seven Germans who generate enough income from investments to cover their living expenses so they no longer have to work for money. It was originally written in German and being translated into English. (Which European will talk to strangers about … [Read more...]
Why you need to be contrarians in property investment
In the preface of No B.S. Guide to Property Investment, I mentioned the reason why I wrote the book. I bought my first few properties in the early and mid-2000s during the economic downturn. Back then, there was not much public interest or media coverage of properties. I couldn’t find any good book on buying properties in Singapore. I thought it would be useful if I could … [Read more...]