I am a working salaried professional reaching 40s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance.
The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I aim to build a stock portfolio consisting of good companies and REITs to generate a healthy stream of passive income to fund my retirement years. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
I am a strong believer that an early and comfortable retirement can be achieved by value investing and accumulation of passive income through stocks that pays stable and consistent dividends.
If I am lucky, I hope to reach financial independence and financial freedom before the age of 55!
I started investing in stocks in 2008, thinking of getting rich overnight by speculating in stocks on the Singapore Stock Exchange and Hong Kong Exchange without knowing what the company business is about. I made more losses than profits.
When I had made enough losses, I started to ponder where did I go wrong? That was when I realized that I need to invest in financial knowledge first before investing into stocks. Through the years of self reading books and learning from other financial bloggers, I started to do my own personal analysis of companies listed on the Singapore Stock Exchange. That was when I started to be able to identify good quality companies that can pay me a good stream of dividends for many years ahead.
Stock market crash? I am not worried because I believe good companies can ride through the storm. When the market recovers, that is when the continuous stream of dividends start to come back.