Subscribe to RSS feed
posted on 23 Apr 2015  -  5,388 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
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 ...
The Great Migration to StocksCafe
The migration of SGXcafe to StocksCafe will happen this weekend! This is more than simply the changing of domain names. When I first started SGXcafe, it was meant for myself hence I simply dumped everything onto a single server. That was easy and convenient, but certainly not robust nor scalable. I have spent the last few days designing and configuring a brand new multi-server infrastructure and now ...
Share Your Portfolio Selectively
Our portfolios are very personal and sensitive information. While many users have generously shared them publicly, many more are not comfortable with opening up their portfolio and share with just anyone who visits sgxcafe.com. This is totally understandable. Even I only share my portfolio partially (portfolio is displayed without exact values). Hence, I have recently added a followers/following mechanism ...