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

Sunday 27 July 2014

Minimum of 10,000 hours hard work (3)


Read? Minimum of 10,000 hours hard work (2)

Few months ago, Uncle8888 showed this chart to a few colleagues what can be achieved from SERIOUS long-term investing and the number of hours we must commit ourselves to up skill our investing knowledge and skills; and to formulate and continuously revise our investing strategies to meet our financial independence goal.


This 49 age old colleague has been trading and "investing" for years has a mind flip and now committing many hours of his wake time to up skill himself to become SERIOUS retail investor.


































Seeing it with our own eyes. 

Hearing it with our own ears. 

Feeling that they are like me. 

We will believe more that this is real!


"Tell a man there are 300 billion stars in the universe and he'll believe you. Tell him a bench has wet paint on it and he'll have to touch to be sure." Murphy


So did you see stars or bench?




3 comments:

  1. People turn their ears to the sound of loud trumpet. No?

    ReplyDelete
    Replies
    1. CW,

      OK, OK.

      I'll concede on that point.

      If I want to sell koyok, must first beat the gong and drums to attract a crowd before I do my song and dance.


      Thank goodness you believe our FQ can be improved. If not what's the point of you sounding your loud trumpets hor?

      You super brave to challenge that monkey king!

      Delete
  2. FQ can be improved by accumulation of financial knowledge but EQ can hardly be changed much.
    We are all hardwired one way or another.
    i have shared before i know at least 2 NUS qualified accountants who are not investment savvy.
    One chose to be a private tutor instead to escape working for someone--too much hassle and politics.
    i agreed to each his own; as long as you are happy why bother what others think.

    ReplyDelete

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