True Meaning Of Financial Independence

I believe that some of the readers might be worried about the current markets and the status of their investments in the event if the market tanks. I am not bothered about the movement of the investment portfolio. I go about focusing on the things of my personal interest and do not bother with such movement.

I do not read the daily news and ignore the fluctuations of the stock market.  The negative factors of wasting one’s time, diluting one’s precious brainpower, creating undue stress by worrying about the things outside of one’s circle of control outweighs any slight advantages one might get from the small slice of news that are actually useful and relevant to one’s daily life.

The above has been my approach over the past few years.

I adopt evenly spread in the stock counters for my investment portfolio. Therefore, the risk is evenly spreaded. Passive investing tends to distort the prices of the individual stocks, because one buy everything in a fixed ratio without considering the value of one company.

With the news in the financial media, one does not need to take any action. My take is that it is more worthwhile to keep investing and stay the course. In time to come, one will be likely to find that the money and investment are the last things on one’s mind. This is my view on what Financial Independence us is all about – becoming free from the need to worry about money.

This is a nice place with the minimalism in place for my existing circumstance. I am content with such circumstance.

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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