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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Value Investing
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Technical Analysis and Charting
Stock Tips

Sunday, 8 February 2015

5 ways to a happier (financial) life

By Jonathan Clements

Read?  5 ways to a happier (financial) life

 Best way to spend money: Experiences

I believe money can buy happiness, but you have to spend with care. My advice: Use your spare cash for experiences, not possessions. Pay for the family vacation. Go to a concert. Head out to dinner with friends. 

This will strike many as counterintuitive. Possessions seem appealing, because they have lasting value, while experiences leave us with nothing tangible. 

But this is also the reason experiences can bring more happiness: We have not only the event itself, but also the anticipation before and the fond memories after—and those memories aren’t soiled by the messy reality of some object that gets dirty, breaks down and is eventually discarded.

Top financial goal: Not working for money
Unless you have enough saved for retirement, you need an income. 

But if possible, never work just for a paycheck. I believe the keys to a fulfilling life are spending our days doing what we’re passionate about and our evenings with friends and family.

Problem is, the career that makes us happy in our 20s may not be satisfying in our 40s—and the new career we want to pursue may not be as lucrative. What to do? 

Avoid the acquisition treadmill of bigger homes and better cars, and instead save like crazy in your 20s and 30s. Do that, and you could buy yourself the freedom to spend the rest of your life on your terms, rather than one dictated by car leases, credit-card bills and mortgage payments.


  1. It may be so. Like knowledge or riding a bicycle and many other "wonderful experiences", once you acquired it, it's yours for life. Nobody can take it away from you.
    Unlike your material possessions, it never yours forever in the 1st place. As you grow older and older (if GOD permits), you will be able to see what are more important in your life.

  2. 悄悄的我走了,正如我悄悄的来;


  3. This comment has been removed by the author.

  4. Peace of Mind will Give a Happier Life.


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