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.

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.

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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

Monday, 16 December 2013

How do you invest your parent's spare money?


How do you invest your parent's spare money?



Uncle8888 pays his mother-in-law and sister-in-law monthly fixed income @ 3.3% p.a.

After so many years, they didn't even to bother to check whether their money is still around or not.


Since Uncle8888 has taken back all his investing capital and letting the cash rotting in the bank @ 0.25% interest rate; technically he is losing money on these monthly fixed income payout. LOL!











1 comment:

  1. it will be wonderful when our other family members approach us to help them invest for higher returns; even when it is using the monthly allowances we have given to them.

    ReplyDelete

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