Posted in Money & Investment

How Much Do I Need To Invest Again?

I’ve been reading some news on inquirer.net when I happen to glance an article in their money smarts blog entitled “How much to invest for the long haul?” It says there that according to the rule of thumb in the Asian Wall Street Journal’s “Lifetime Guide to Money”, we should subtract our age from 100 and add a percentage sign.

When I read it, I had to exclaim “WHAT?!” I thought I was doing great already but it seems like in order for me to retire comfortably I have to do more. What shall I do?? I’ve been saving money but I guess it’s not enough. 😦

To top it all, my travel buddy Marco and I are planning our European Tour. We will be submitting our visa application this Wednesday and hopefully we will get our visa. If it pushes through, I will have to scrimp in the next couple of months in order to recuperate the cost of this trip. Oh well.. I’m willing to do that as I’ve already bought some Christmas gifts already. That means I won’t be able to go home for my cousin’s wedding. 😦

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