As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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

Saturday, 15 September 2012

Countdown to Financial Independence ...
























  • It took me 35 years to accumulate 64% of my net worth as of 15 Sep 2012 from earned income (including unaccountable amount of investment gains as I only diligently tracked investment activities from 2000 onwards) or 2% per year

  • It only took me 12.7 years to accumulate 34% of net worth as of 15 Sep 2012 from net gains from our local stocks in SGX or 3% per year.

Investing is just as important as our primary job for earned income. We have to put enough effort to do it well too.


BTW,

I am one year off Initial Target planned at Jan 2000.









3 comments:

  1. Congrats CW8888 :)

    Hit the goal 1 year early or 1 year later - its all relative.

    Now you have the fun to decide: then what?

    Who says retirement age is decided by Govt?

    ReplyDelete
  2. Yeah. Better late than never. And how to stay from the next Bear Hug. Remember who was deadly in Bear Hug?

    ReplyDelete

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