Enter your email address:

Delivered by FeedBurner

9 Foundation Stones of Building a Retirement Fund


tunnelvision When you start the journey to build your own kitty for a comfortable retirement and gain financial freedom, these are 9 key things to bring along the journey.

1. Savings- through spending less than amount earned and deferring gratification

2. Knowledge- of cyclical nature of financial markets

3. Control- of emotions to minimise or prevent greed and fear from hampering goals

4. Humility- and realisation that we don’t know everything there is to know

5. Belief- in the power of compounding interest to stay vested

6. Flexible- enough to challenge own mindset when faced with empirical evidence

7. Insatiable- thirst for gaining insights and approaches to improve analysis of companies and industries

8. Do- act on the analysis gained and knowledge acquired

9. Balance- of risk-return; passive-active; concentration-diversification

In my job, i find that I often have to do the most urgent things, which may not be the most important things. Or at times, it is to do the things the upper management wants instead of what I think is crucial. Like investing and preparing for retirement, fight the battles you choose- and choose those you have a better chance of winning. Better yet, those battles which are important.

Have a good week ahead :)

Related Posts

Bookmark and Share


Post a Comment


The information contained in this blog is prepared from data believed to be correct and reliable at the time of publication of this report. The authors do not make any guarantee or representation as to the adequacy, accuracy, completeness, reliability of the information contained herein. Neither the authors or any affiliates or related persons shall be liable for any consequences (direct or indirect losses, loss of profits and damages) of any
reliance placed on information provided in the blog.

Shares and financial instruments illustrated in this blog can go down sharply or in certain instruments suffer total loss on the initial investments. Investors are advised to make their own judgment on the information provided and consult their own financial advisors or consultants as to the suitability of the products illustrated to their particular financial needs and objectives before acting on any information contained herein in this blog.