On 8 April 2023, I lost a friend.
To honour the memory of Uncle CW8888, let me share a few nuggets of wisdom I have learned from him as well as some of the awesome and inspirational things he has accomplished:
- The importance of having a large emergency fund for peace of mind. This sounds simple but many do not practise it. Today, this nugget of wisdom has served me very well.
- In the investment blogosphere, we are treated to success stories after success stories. What about the ugly stories where people lost their entire fortune? Uncle CW8888 has blogged about the devastation wrought by being a market participant as well. He earnestly wishes that his readers are well aware of both the heights and nadirs of investing (In his words: "chop fingers from investing")
- When Uncle CW8888 expressed his desire to retire, his boss persuaded him to stay for yet another year. He could have retired there and then, but he graciously obliged and firmly maintained that it's only for 1 more year. It takes a man of stature to do this.
Rest in peace friend. We will miss you.
