Sunday, 26 April 2020

An experiment living a life of being 'financial indepenence'.

Ever since the unleash of circuit breaker measures, things have been running wild. All of sudden, we become trapped at home. LOL. I started working from home since early April, my usual jobs are mostly field works and with this circuit breaker period all operation has been temporary lessen. So I stayed at home for most of the time, checking emails now and then, but I ended up more busy than before!!!

Huh! What's going on? More paper works? Actually, it is still same as before.

As I have mentioned before in my blog, my goal to pursue financial freedom is not about getting freaky rich, but it is to free myself from the rat race so that I can freely pursue my passions and interests. And my interests involved writing, reading and exploring the world, all these can be done at home without the need to step out of my house. 

So now I'm a reclusive hermit with all my books and scrolls. Anytime someone disturbed me from my studies, I would watch them with an eye of a annoyed cat. Meow..... what do you want?
As usual, some of my friends thought I am a weirdo. More than half of them are already screaming with boredom and nothing to do at home. And yet here I am, got so much things to study but no time sob sob. 

Over the years, I had built up much collection of books and articles in my small little library. Hundreds of them! Some of articles were actually written by me, lol. Ahem but for my eyes only. These are my friends now, keeping me focus and very very very busy. How could anyone be so busy with just books!!!! Well, I can keep reading them but still find something new, a new inspiration or a new revelation.  There seem no end to it. Ah.... life of a hermit.

In fact, this has open a new exploration for me. How would it be to live a life of financial independence without the need to run in the rat race. For the past 3 weeks, I woke up at 8 am without fail, after my breakfast I begun my works immediately, half works half studies. As the time goes, I spend more and more time studying and reading even to the point of forgetting my meals. I find myself even more busy then before, the thirst for knowledge seem endless. Every exploration begun with a single thought, answer comes from books or online wiki. I even written a 15 pages article about.....ops secret. It appeared that the life of being financial independence is going to be far more committed than before.

Ok. Apart from endless reading. I have been monitoring the stocks market as well. As expected, the economy packages released by the government has stabilized the market. The STI index ever since then has been hovering around 2500 points. Movement were relatively small. 

During these period, I had taken some opportunity and purchased some counters to balance my portfolio. With the current situation, I do not think the market will see any rally or even uptrend for a long time. The crisis this time has been much damaging, it would take an estimate 2-3 years to recover from it. My purchases were for long term and so I am not expected to see any real profits in short term, in fact I might even see some paper losses should the market continued to become weaken. As usual, I am not in a hurry. All these investments have been made with a vision in a distance of the next 3 years, as long as the companies continued to pay me annually even with reduced dividends, I am ok with it as I do not fully depend on one source of income.

Until then, I wait. 

Now, where is that book about the Roman Emperors I read last night? Look at all those books piling up around my table, under which pile is it at? Ah well.....
 




No comments:

Post a Comment