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

Wednesday 6 January 2010

My Money Is My Life?

Example of good life lesson: La Papillion's New year resolutions redefined

Fortunately, La Papillion realized it sooner; or else he will end up as My Money Is My Life.

We receive money from our jobs by using up our precious and finite time and energy for it and it is known as active or earned income.

For short term, we can go all out and stretch ourselves to the limit to earn as much money as possible; but it will never be sustainable in the long run. We will either burn out or black out one day.

That is why it is very important to use some of our precious and finite time and energy to learn the skills to use the fruit of our labor - money; and let money makes money while we preserve our time and energy for other aspects of life.

Your Money or Your Life - Some pointers

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