I Don’t Need A Lot Of Money
As I was working out in the park, I realized that I actually did not need a lot of money.
Yes, I am staying in a landed property.
Yes, I drive nice cars.
Yes, I own nice motorcycles.
However, these are things that I bought with my profits and passive income from local properties.
I can, in a decision, decide not to have those toys anymore and live a different life, such as ….
>> Pay cash for a nice condo and stay till I die.
>> Buy a nice C-class Mercedes
>> Wear Casio Watch
>> Buy an old Harley to ride around
If I do all the above, all I need is a few thousands of dollars of passive income. To do this, I can simply keep a few properties, and that’s it.
I don’t need to join an expensive gym to keep fit.
I don’t enjoy golf.
I am happy meeting good friends and talk about ideas and good old times in coffee shops, not even Starbucks.
And I am happy with hawker centre chilli crab once a month.
I really do not need lots of cash to live a decent life in Singapore. Just a few properties giving me predictable, profitable passive income every month.
What a realization!
How about you? What kind of life do you want to live when you are retired?
Love, Marko
Investor, Practitioner and Full-Time Coach.