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12-01-2014, 10:24 AM
Investment bliss from life's simple joys - ST Goh Eng Yeow
(extracted)
My old friend, Mrs Sim Sing Seow, who taught chemistry for almost 40 years before retiring more than a decade ago.
Now in her 70s, Mrs Sim has quietly become a millionaire, thanks to the properties brought decades ago.
Worth noting that she and her husband brought them out of necessity, holding them through the decades despite the ups and downs in the market.
They brought a house in the East Coast in the 1960s so they could live near the school where she was teaching.
And when her mother-in-law joined her in Singapore a few years later, they brought another house down the road.
When I relate Mrs Sim's story to my friends, some dismiss it as a lucky break from a bygone era unlikely to recur in their lifetimes.
But there may still be credence in the "buy and hold" approach, which requires an investor to lock up an investment for years - or even decades - while waiting for it to bear fruit.
Love Compassion
A Life not Reflected is a Life not Worth Living.
(extracted)
My old friend, Mrs Sim Sing Seow, who taught chemistry for almost 40 years before retiring more than a decade ago.
Now in her 70s, Mrs Sim has quietly become a millionaire, thanks to the properties brought decades ago.
Worth noting that she and her husband brought them out of necessity, holding them through the decades despite the ups and downs in the market.
They brought a house in the East Coast in the 1960s so they could live near the school where she was teaching.
And when her mother-in-law joined her in Singapore a few years later, they brought another house down the road.
When I relate Mrs Sim's story to my friends, some dismiss it as a lucky break from a bygone era unlikely to recur in their lifetimes.
But there may still be credence in the "buy and hold" approach, which requires an investor to lock up an investment for years - or even decades - while waiting for it to bear fruit.
Love Compassion
A Life not Reflected is a Life not Worth Living.
感恩 26 April 2019 Straco AGM ppt https://valuebuddies.com/thread-2915-pos...#pid152450