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

Friday 25 January 2013

Mara River : Reaching the Edge of Financial Independence!!!



2011 - Broken Dream!













Read?  Dreaming of financial independence by 55!



The Moral of Story : Mara River

Read? The Great Mara Crossing

Wildebeest arrive at the Mara River in their tens of thousands, and gather waiting to cross. For days they wait for their brothers to arrive and the numbers keep building up. Eventually the wildebeest choose a crossing point. Usually the chosen point is a fairly placid stretch of water without too much predator-concealing vegetation in the far side, although occasionally they choose seemingly suicidal places and drown in their hundreds.


13 years ...


Today, Uncle8888 has finally arrived at the Mara River after many years of travelling up and down the market cycles; and with a broken heart in 2011 wondering how could he ever arrive at the Mara River.

Mara River: The Edge of Financial Independence!



















Today, Uncle8888 also has made the name of his Blog come true!!!

 

 






















Coming Next ....

Uncle8888 will have to plan for this ....



 

 
and then choose a crossing point to cross the Mara River to Land of Investment to feed on portfolio income only.
 
 
At least, Uncle8888 now knows that reaching Financial Independence is not a dream anymore!
 












3 comments:

  1. Congrats! You can start a course already. How? You can conduct a trial run for $100 only.. I signed up.

    ReplyDelete
    Replies
    1. Thank you, WJ for your keen interest.

      But, how to find enough materials to fill in many hours required for a course. It is too simple to be true.

      So what to do?? Copy and paste FA from text books and con pple??

      Hee hee!



      Delete
  2. I think you really implement and stick to your 3M strategy: Method, Mind and Money Management.

    From the fond size on the 3M, you seem to emphasize the Mind and Money Management.

    ReplyDelete

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