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

Saturday 20 July 2013

Financial Independence (Getting to Point X)

























Point X: Our Fundamental Financial Goal





































Becoming financially independent is not something that happens by chance; it requires focus, discipline, determination, sacrifice, and lot of hard work.


Read? Uncle8888's Point X. It doesn't happen by chance too!

Uncle8888's story of getting to Point X is told in this blog!












2 comments:

  1. Actually Hoh, for me i can't say it is by chance or by design. i never think of financial independence when i learn to invest and take my plunge into the stock market. i only know i like very much to be an entrepreneur (active business man) because i hate very much office politics of back-stabbing. Which i had more than enough than anyone else because i dislike or don't know how to make "small talk".
    Since i don't have the guts or right connections to start a business, i go into passive business of owning companies by investing in SGX. Since then, there is no turning back. And i slowly learn to love it so much that it has become my lifetime hobby.
    Shalom.
    Amen.

    ReplyDelete
  2. Even climbing corporate ladder doesn't happen with chance. Those people reaching there often plan for it to happen. Like my ex boss. Now CEO.

    ReplyDelete

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