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...]
So you plan to retire cheap?
Retirement is a big topic in life. Retire cheap is a popular topic these days. The banks have been printing money for years. Until one day we all face runaway inflation. We complain that everything becomes so expensive. It is particularly hard for those who have retired. They must find ways to cut costs. As expected, reasons from people who want to retire cheap are often … [Read more...]
Know who to trust in your property decision
I must admit that I am the type of person that won’t trust others easily. Very often, I question what strangers say, especially what salespeople tell me. I am not born skeptical or cynical. It is learned over the years. After two decades investing in properties and other assets, I have my fair share of trusting the wrong source or person. There were many times I regretted … [Read more...]
What retirement planning has taught me
Long-time readers would know the reason why I set up this blog twelve years ago. It was to create a platform to share experiences and exchange ideas with fellow property investors. Gradually, I got many emails from people telling me the stories of their regrettable property purchase. Then I started writing about tricks and traps of this not-so-transparent real estate industry. … [Read more...]
Learning from the Chief Investment Officer
In last week's The Sunday Times, there is an article titled "Me & My Money: Investing for long term to build retirement nest egg". Me & My Money hasn't had a good article for very long. This time it featured the Chief Investment Officer from AIA talking about her personal investment strategies. Her honest sharing and down-to-earth advice have struck a chord with me. I … [Read more...]