Newbie's Blog: Strategies for the year ahead 2
@Jo Tan:
As this year ends, I am struggling (yes, struggling) to reflect on what to do on the year ahead. I'm a middle class guy (not born with a silver spoon or anything) with a mortgage loan but a stable job (just middle level). Of course, I'm always thinking about investing because like almost everyone, I want to break out of the rat race. Although this is my 3rd article under this topic, I'm constantly thinking about how I can improve my strategy for new year, yet reinforcing some principles so that I have some guidelines to invest by. In my situation, se of the primary things intend to do are: 1. Having a mortgage to pay and a family to feed, prior to investing, it is important for me to allocate a certain amount for savings. I have to take into account the higher cost of living next year, esp