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Sunday, 9 November 2014

A little slice of pie on planning for Financial Freedom

I received a few private messages on how to plan for Financial Freedom.

I would like to share a slice of pie with my humble opinion here.

1. Think Big. Start Small.

a) Invest Gradually within your means.

b) Accept Delay Gratification.

c) Focus on multiple portfolio that can be realized in time range of 10 years, 20 years, 30 years to your projected life span.

d) Realised Portfolio should be planned in a way to cover later date investment expenses if you have retired without employment income.

f) Unrealised Portfolio should be able to generate income for your living expenses when you retired.

g) Last but not least, Cash is King.

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