tag:blogger.com,1999:blog-37872616.post8772707402059303738..comments2024-03-29T01:03:31.291+08:00Comments on BULLy the BEAR: Thought experiment on being FFla papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-37872616.post-17742298910390234182015-02-23T15:13:16.425+08:002015-02-23T15:13:16.425+08:00Hi an9gelfire,
Yes, it'll be harder, but it&#...Hi an9gelfire,<br /><br />Yes, it'll be harder, but it's definitely possible. I guess it depends on how much you really want it and if you're willing to take the cost to achieve it. Not everyone wants to do it, no matter how much they complain about it, I realised.<br /><br />Thanks so much for sharing :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-31732924698955787692015-02-23T15:10:23.275+08:002015-02-23T15:10:23.275+08:00Thanks LP and B.
It is not common to find like-mi...Thanks LP and B.<br /><br />It is not common to find like-minded people like us, that works toward FF. Just a few days ago, a friend proclaimed to me that she will prob have to work another 20 years before retiring. And we are around the same age. But I started my FF journey 12 years ago, whereas most of my peers are still living month to month.<br /><br />Another friend said to me "it is impossible to retire in Sg, especially if you have children and not born with silver spoons". While I do agree that the journey will not be easy, I have seen many successful financial bloggers achieved their FF, with family in tow. And that have given me hope that perhaps more are able to do it, with the right attitude, education and circle of influence.<br /><br />Cheers :) An9elfireAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-25761035318936012632015-02-23T11:30:29.736+08:002015-02-23T11:30:29.736+08:00Good and love the comments from Angelfire :)
Than...Good and love the comments from Angelfire :)<br /><br />Thanks LP for your reply.Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-42549107515139186202015-02-23T10:50:58.760+08:002015-02-23T10:50:58.760+08:00Hi an9elfire,
Brilliant! You know what, this is e...Hi an9elfire,<br /><br />Brilliant! You know what, this is exactly what I want to do as well. Maybe not so much about the travelling but certainly about doing all the different kinds of jobs that I thought are interesting to me and good for soul building. I really want to be a cashier, cleaner, security guard and all other kinds of job, if only for a short period of time, to empathise and reflect. That will have to wait till I reached ff though haha<br /><br />Thanks for commenting! You're another one who had reached ff b4 me and I look up to all of you as good models ;) la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-10287787192685022232015-02-23T10:40:09.452+08:002015-02-23T10:40:09.452+08:00Hello BB, I have also given serious thoughts to &q...Hello BB, I have also given serious thoughts to "what if I am financially free", because I have already achieved financial independence recently. <br /><br />We are even doing the same job! I teach at a local school while I am assuming you are providing tuition. I also have no children. <br /><br />After achieving FI, this is my current plan:<br /><br />1. Work at my job for a while more, till I achieved certain financial objectives<br />2. Leave my job sometime next year, to travel for a while <br />3. Return to Sg and do jobs that I had always been curious but never tried, cos they either pay too little or I were never trained for it eg cafe barista, lead a safari tour, provide holistic financial advice<br /><br />I also like my current job, but I always wondered at "what if". I have been doing the same thing for so long that my job has defined my life. And I want my life to be more. If I go down the current path, my life will be the same as many other Singaporeans: work till 65, stay in Sg my whole life, then?<br /><br />So being financially free for me means freedom to do what I always wanted to do. I do not have lofty dreams of changing the world, but I do want my own world to be varied, inspiring and purposeful. Coming from a low income background, it seems that for me to really live the way I want to, i must first become FF. <br /><br />Just my thoughts. Thanks for inspiring me to write such a long comment :) cheers. <br /><br /><br /><br /><br />An9elfirehttps://www.blogger.com/profile/04523827628836310199noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-53349136440716393852015-02-22T23:26:40.130+08:002015-02-22T23:26:40.130+08:00Hi B,
Hmm, not really. I'm reflecting about t...Hi B,<br /><br />Hmm, not really. I'm reflecting about the foolhardy pursuit of having more. May I really wanting more money or am I seeking something else? I believe I'm seeking something else - and that's security. Basically I'm working so hard and trying to reach FF for the security. Knowing this, reaching FF is no longer about reaching a particular sum of money but reaching a particular mindset.<br /><br />My verdict is still not out whether I want to have children or not. Knowing me, you'll read it from my blog post as soon as I get clarified.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-25587636263953189522015-02-22T23:23:32.520+08:002015-02-22T23:23:32.520+08:00Hi temperament,
I'm sorry to hear that. It...Hi temperament,<br /><br />I'm sorry to hear that. It's only when we face the more serious issues - typically things that money can't settle - that we realise our foolish some of our pursuits of money are. <br /><br />I don't want to be so poor that I hve nothing except money. That would be a very bad outcome indeed.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-55970314110176293602015-02-22T21:51:20.705+08:002015-02-22T21:51:20.705+08:00Hi LP
Excellent piece of post here.
If I am inte...Hi LP<br /><br />Excellent piece of post here.<br /><br />If I am interpreting this correctly, you probably already know that reaching FI or not will not have a different impact on your daily lifestyle so it's more about the security of having more than lesser.<br /><br />If I may ask this question (and if you are comfortable in answering), have you considered forming a family with kids in the near future? If the answer is yes, then I think this will put a different perspective of that absolute figures for FI or maybe still not in your case. Would like to hear your views on it :)<br /><br /><br />Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-67430005060377253572015-02-22T15:34:36.493+08:002015-02-22T15:34:36.493+08:00Hi Retailtrader,
That's indeed the case. It&#...Hi Retailtrader,<br /><br />That's indeed the case. It's Maslow hierarchy of needs I guess - when the bottom tiers are fulfilled, it's time for the top tier of self actualization. Really, we're all trying to do is be happy. Sometimes, we don't need to earn that extra bit more to do that. Conversely, we can spend that extra bit more to be happier too. All in moderation of course :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-87221497842371819792015-02-22T15:32:33.960+08:002015-02-22T15:32:33.960+08:00Hi SRSI,
You too? I think money is a cover to hid...Hi SRSI,<br /><br />You too? I think money is a cover to hide my insecurities. If I see a certain amt in my account, I will feel more at ease. And I know why I am like that - it's most likely due to my childhood. <br /><br />It's all very interesting. Same goals of being financially free but actually we all have different needs to fulfill. <br /><br />Let's walk together to that end point :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-13998738426023431802015-02-22T15:30:21.126+08:002015-02-22T15:30:21.126+08:00Hi SI,
Haha, you too? :) I thought I'm the on...Hi SI,<br /><br />Haha, you too? :) I thought I'm the only one who dreams what to do with phantom money! I think it's important to have these thought experiments, because it illustrates what is impt to you. With just an imaginative mind, one can go through 10 thousand different scenario - a monte carlo-ish experiments - to see what are the different results if we try different pathway. <br /><br />I think money only amplify what pple are really like. If you're stingy, having more money will make you even stingier. If you're generous, having more money will make you more generous. I guess without having any restrictions, you tend to show your true colours!la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-34462848914926148922015-02-22T15:27:10.471+08:002015-02-22T15:27:10.471+08:00Hi SMOL,
I am indeed getting more aligned with my...Hi SMOL,<br /><br />I am indeed getting more aligned with my inner self ;) Instead of asking how much it costs, I tend to ask how long is it going to set me down by? If it's an acceptable amt, why not do it? :)<br /><br />I wouldn't recommend this to everyone though. Inherently, I've great discipline in spending money - so loosening up is the right thing to do. For someone who spends easily, then the opposite will be a more appropriate advice.<br /><br />We don't see books telling pple to sepnd money, do we? lolla papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-62451922607877941272015-02-22T15:24:41.601+08:002015-02-22T15:24:41.601+08:00Hi 15hww,
Yes! You're the last straw that bro...Hi 15hww,<br /><br />Yes! You're the last straw that broke the camel's back ;) I was thinking and reflecting about how different objects have different meanings to everyone, and I was trying to write a post about the different meanings of money when I read your post. That idea latched on and here's the article as you read it - thanks for the straw!<br /><br />I'm doing exactly as you've mentioned. The habits are already there, I don't even need much effort to maintain that habits because it's almost second nature. I'm chasing after a happier journey and a more exciting journey. I mentioned in previous posts that my first 50k per year savings target is so terrible because I was pulling all plugs and going all in. But last year (and this year), it's all about fun AND hitting the goals at the same time. Same ending but vastly different journey.<br /><br />Thanks for your well wishes - it's indeed my goal to make the journey much happier ;) We'll see each other again on the other side lolla papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-15120465254756453272015-02-22T14:26:58.206+08:002015-02-22T14:26:58.206+08:00Hi LP,
The way I see it, you have grown to be fr...Hi LP, <br /><br />The way I see it, you have grown to be free from the need to be worrying and obsessing about money, and the focus shifts to other aspects of life, like the case is for 15hww and SMOL as well. And that's how progress in finances should be like, I think. darrenhttps://www.blogger.com/profile/12207832191060889856noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-41417641250329801282015-02-22T13:41:00.516+08:002015-02-22T13:41:00.516+08:00Hi LP,
Thought-provoking post. Often, I had fant...Hi LP,<br /><br />Thought-provoking post. Often, I had fantasized about the things I'd do if I had won the million dollar Toto. In the end, like you, all I wanted was a sense of financial security. A million dollars might be a bullet train ride to that stage in life, but I can do nicely walking too.SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-55432968527591807622015-02-22T11:49:40.557+08:002015-02-22T11:49:40.557+08:00I asked myself this qn many a times, different sea...I asked myself this qn many a times, different season different answers.<br /><br />My most recent answer, I will not let anyone know and live life as it is. Sound really selfish? Maybe, but I do not think I will spend it on anything for myself. I just want to avoid the "curse" of a windfall.<br /><br />I might secretly increase the money to be channeled to the charity. But I can slowly say yes resoundly as and when they is a request for something. A trip? Ok! A gift? Yes, sure we go. <br /><br />U want this. Ok. Wah so generous, just bluff I am doing well at the stock market.<br /><br />When the time comes for "money" at emergencies, the money will come, u want private care? Ok. <br /><br />At the end of the day. I am dreaming because I dun buy toto. But I though of what I wanted to do with a million or 2. LOL. Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-48495840762169110662015-02-22T10:28:50.795+08:002015-02-22T10:28:50.795+08:00LP,
It's wonderful that you shared this count...LP,<br /><br />It's wonderful that you shared this counter-balance post.<br /><br />Indeed, what's 60-70K when you have personally experienced how useful a car is ;)<br /><br />Especially when we can make someone that matters smile? <br /><br />The butterfly is getting more and more at peace with himself :)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-35770058444456824732015-02-22T10:28:03.850+08:002015-02-22T10:28:03.850+08:00Hi LP,
Did I inspire you to write this post?
If ...Hi LP,<br /><br />Did I inspire you to write this post?<br /><br />If yes, boy am I glad I did. Great post!<br /><br />I think from what I have written, subconsciously, besides more security, I am yearning for more affirmation and maybe even popularity from having extra money? <br /><br />With a 200-300k portfolio now, there's an element of security already and my focus has shifted to making my life 'happier' instead of chasing the next dollar. <br /><br />Nonetheless, perennial habits are keeping me financially on track. =p<br /><br />Lastly, happy new year to you amd your family. And hope your journey towards that million dollars becomes a happier (not slower or faster) one.My 15HWWhttp://www.my15hourworkweek.comnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-77625444080975427662015-02-22T09:56:43.540+08:002015-02-22T09:56:43.540+08:00Hi MPTG,
Thanks! Pls share with us what's the...Hi MPTG,<br /><br />Thanks! Pls share with us what's the significance of having money in your life? There's so many different meanings for the same thing. Some could be like me, for security. Others might be for showing off, for revenge, for pride, to be popular and loved, to escape etc etc<br /><br />What's yours? :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-5932422389675281622015-02-22T09:53:30.904+08:002015-02-22T09:53:30.904+08:00Hi bro8888,
I agree. The problem is how much is c...Hi bro8888,<br /><br />I agree. The problem is how much is considered enough. More is not necessary better. There will come a point where there's not much point accumulating more. <br /><br />If one is still going after more even though there is enough, one is never going to be financially free in the mind! la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-39101729237821985912015-02-22T09:51:31.562+08:002015-02-22T09:51:31.562+08:00Hi gmgh,
Thanks! I guess this is what they call ...Hi gmgh, <br /><br />Thanks! I guess this is what they call analysis by first principles. Once I realised that security is really what I'm after, I'll keep asking myself this q - "will get this extra amt give me exit security?" la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-89664007164513800502015-02-22T08:36:55.838+08:002015-02-22T08:36:55.838+08:00Great post! Made me think about my own priorities....Great post! Made me think about my own priorities.SG Physiotherapisthttps://www.blogger.com/profile/11926200847569555447noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-4173343653690045972015-02-22T05:30:41.148+08:002015-02-22T05:30:41.148+08:00Good to be a Pig when we have enough. Either Offic...Good to be a Pig when we have enough. Either Office Pig or Any Pig? CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-5912499270614653102015-02-22T04:22:13.685+08:002015-02-22T04:22:13.685+08:00Bravo, excellent viewpoint on this topic!Bravo, excellent viewpoint on this topic!mini Ghttps://www.blogger.com/profile/02721644172599656913noreply@blogger.com