Subscribe to RSS feed
posted on 23 Apr 2015  -  3,908 views
Everyone has a limited time on earth. Are you making full use of your time? Are you truly doing what you want with your limited time? If money is no concern, would you still be working in the same place where you are now?
I would not be. Don't get me wrong; I do have a wonderful job. It pays well, management is great, colleagues are awesome and the workplace is always full of fun. The easiest way to think of it is that it has a Google-like working environment. I really doubt that I can find a better job than this.
However, if I have enough money, I would instead choose to spend more time with my wife and family, traveling the world and spend my time the way I truly want to.
One person I deeply admire is
David E. Shaw and I hope that I can follow in his footsteps. He first obtained a PhD to gain knowledge and skills to do R&D. After which, instead of going into R&D, he went to the industry to accumulate enough assets so that he does not have to worry about money anymore. Now, he is back to research with funding from himself so that he can work on whatever he believes is truly impactful.
I obtained my PhD 3 years ago and I am now in the phase of accumulating financial assets via property and stock market. I built SGXcafe to ensure that I can make informed and statistically optimal investments. Based on current projection, I am confident of being able to accumulate enough passive income to "retire" within the next 3-5 years. Then, I can move on to do whatever I want comfortably without worrying about paying the bills.
How about you? Are you making full use of your limited time? Are you accumulating financial assets so that you can be truly free to do whatever you want in future?
Next Article >
< Previous Article
How diversified are you?
How "unlucky" can you get from ...
List All Articles
Other articles by evankoh
5 Things You Can Do To Create A More Vibrant SGXCafe
By now, you have probably noticed that SGXcafe recently started a "Cafe". It is a place where people can ask questions or discuss anything related to investment. It also includes blog posts aggregated from blogs mainly from Singapore that are sharing financial/investment knowledge and information. Special thanks goes to Derek from TheFinance.sg for helping me to get permission from each blogger to ...
Bull or Bear?
"No price is too high for a bull or too low for a bear" - an old Wall Street proverb It is a known fact that investors can be over-optimistic or over-pessimistic at times. When a series of good news happens, investors switch into the optimistic mode, often over-optimistic, and significantly bid up the price of a stock ditching any rational pricing theory whatsoever. Any high price will be justified ...
Introducing The New Stock Screener
Previously, I mostly viewed "What stocks to buy" as a ranking problem. What this means is that I would rank all the stocks available based on some criteria and pick the top few to purchase. Hence, tools that I built tend to generate a score and ranked accordingly. Examples are iAssist, Dividend Strength and Scorer (Scorer was previously known as Screener). However, after taking the eVIMC course and ...