I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 5 July 2009

Your most important asset is yourself?

Adam Khoo said: "The returns are infinite. When you invest in yourself, it's something that on one can take away from you."

Clement Chiang said: "Nobody is stopping you from investing your own money. For investing and trading, you don't have to appear physically somewhere. You can make money using the Internet or (createwealth8888: Broadband on Mobile), and you don't need to face suppliers or competitors. You just need to face yourself."

Joseph Chong said: "Inertia is an investor's worst enemy. It means time wasted and money foregone. Every year you delay saving and investing, it becomes worse and worse. People should start learning about investing as soon as they start saving. If you don't do that, the tuition fee becomes a lot heavier. the mistakes made earlier are cheaper. It was already mathematically clear then that just working and saving wouldn't do it. To be free from the "bondage" of employment, you must invest and compound your money."

Robert Kiyosaki said: "Most of us are so enamoured of the idea of security that, even when you are unhappy with our jobs, we will stay with them, day after day, year after year. The truth is that staying in situations which are unsatisfying only increases our sense of insecurity. We begin to feel there is no other choice but to sell our souls in the name of security."

CreateWealth8888 said: "I already realized it one day in 2001? after reading the book "Rich Dad, Poor Dad" that I need to be successful in my active investing in Singapore stocks only so as to free from the "bondage" of employment and that is the reason why I am blogging here."

Richard Smitten said: "Certain rules of the market are to be studied as closely as if you were a law student preparing for the Bar."

Jesse Livermore said: "Since I was 15, I have studied this subject (createwealth8888: Market) closely. I have given my life to it, concentrating upon it and putting into it my very best."

Frank McKinney said: "Take risks but never gamble."

CreaeWealth8888 said: "I agreed with Frank. Never gamble. I don't do professional gambling like trading FOREX where there is no assets involved, you are basically playing professional poker game with your retail forex brokers. I like to take risks with stocks that are paying regular dividends that are better than CPF rate of 2.5%,and prefer blue chips that our government has a hand or leg in it and if necessary the government men will kick the asses of those management."

Tom Gardner said: "The best time to start investing was yesterday. The next best time is today."


CreateWealth8888 said: "Kick your ass and get started in active investing and get yourself educated in investing and financially related knowledge." and do the following if you are newbie to active investing:

1. How much capital do you have? (This is the money that you can safely set aside and will not be needed for next 5-7 years as this is the average length of a market cycle if you are caught investing at the wrong time)

2. What is the your final target sum you wish to accumulate over your investing time frame?

3. Set your yearly performance target to reach your final target sum over your investing time frame. (Please note that in the worst years you may not achieve your yearly target; but, it should be reverting to your mean yearly target.)


Happy active investing and be hardworking in getting yourself educated. Cheers!
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