Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(11-03-2014, 07:21 AM)chialc88 Wrote: We all left behind our legacy...
The first definition from dictionary defines legacy narrowly as money and properties left behind...
I learn very early in my career that legacy has another meaning...
much more meaningful that $$ and properties.
I'm sure you felt this too.
Life is beautiful! Live life to the fullest!
Love Compassion
Well said.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(10-03-2014, 09:35 PM)Contrarian Wrote: > To mitigate this challenges, we need to start living a healthy lifestyle now.
> It's never too late to start...
> Go traveling... walk around... look see, look see
Well said...
1. Regular exercise... 3-5 times a week. Swimming, jogging, brisk walking. Yoga, Cycling
2. Pick up wushu - Taichi and qigong is especially good. The energy generation and qi movement will clear the blocked qi.
When one practises taichi, one needs to focus... so the concentration and memory always stays.
3. Learn to use natural herbs. e.g. Sweet potato and pumpkin. For liver cleansing, use parsely.
4. Find a good TCM LOCAL practitioner - Such as the one in Thomson Imperial Court (JI SHENG TANG), next to thomson CC.
e.g. my oily scalp problem... - $24 for 2 bags of herbs last me 6 mths. And I can keep the medicine prescription...
Hi, i can attest to your recommendation of learning TAI CHI +CHI KUNG.
i had learned only for a few months. And the first time the CHI came, i could not control it as i was practising at home. It was quite scary to us then. i think i was in my late 30s. My wife had to phone the instructor how to "control" the CHI that was flowing inside my body. And the CHI made me lost control over my limbs' movements.
i like to take up TAI CHI again as i am retired oldman.
Any recommendation where to learn properly from a qualified TAI CHI + CHI KUNG Instuctor?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 657
Threads: 29
Joined: Sep 2010
Reputation:
11
I'm pretty surprised at the stats- I knew CPF was useless but I didn't think it was that useless. Or it is possibly because most people's CPF monies would have been spent on housing?
Also that 60% of the income that retired folks get come from their kids gives some weight to a discussion that I had with an academic yesterday. His view was that we need a welfare state because the current generation of working adults is being squeezed on two fronts- providing for the earlier generation (their parents) as well as the next generation (their kids). And because the only front they can "control" is whether to have kids or not, that's why many in the current working group have less kids or not at all. Or they move.
Posts: 3,727
Threads: 6
Joined: Oct 2012
Reputation:
95
(11-03-2014, 01:17 PM)wysiwyg Wrote: ....and possibly end up being the richest man in the cemetary?
(16-12-2013, 02:00 PM)funman168 Wrote: In the context of retirement,
It maybe better to invest your time & $$$ in create a passive income instead of raising kids.
1) Interestingly Steve Jobs said the same thing when he was interviewed along with Bill Gates and Gates was asked why he went into philantrophy... Steve injected and said that certainly he doesn't want to be remembered as the richest man in the cemetry
2) Your sentiments is echoed globally. I always believe that the urbanisation is the best contraceptive. If you urbanise the Indians I am sure their birth rate will decline
China doesn't even need to have a 1 child policy in the cities to be honest.
But like the paradox of thrift, the paradox here is that if everyone thinks the same, then humans are going the way of the dodo bird... Exagerrating? The Japanese will be gone by end this century and the whites probably century after.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Homepage
PR Newswire
