Achieving FIRE in Singapore

I do a random search on the internet for the topics of early retirement in the place which I currently reside. I note that there are only a few blogs which mention on such topics. I am not sure whether this is due to restriction on such search by the Authority or it is the true fact that less people in the place of my residence are interested in FIRE. Hence, I decide to do a post on this aspect. The following blogs are the result of my search.

https://earlyretirementsg.weebly.com/

http://treeofprosperity.blogspot.com/

http://ghchua.blogspot.com/

I believe that it is possible to achieve FIRE in the place of my residence. The most important thing is to be humble and remain low-profile. My investment approach is simple. Focus on the shares which generate dividends on a continuous basis. I allocate a specific amount in each counter and diversified stake in various counters minimise the danger of diminishing dividends. In fact, the diversification strategy enable to cancel the impact of plus and minus in the generated dividends on a yearly basis. Hence, I am of view that this is one of the ways of achieving FIRE in the place of the residence. It is a simple strategy for a simple peasant (also known as a commoner) which lead to FIRE in the place of my residence.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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