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
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Friday, 15 April 2016

Question of Net Worth vs. Cash Flow???


When you have this burning question in your mind that is bothering you it showed that you are still earning an income from your job and NOT yet fully retired. Right?

High net worth but lacking of cash flow; they may have to eat grass very soon if they still insist on hanging to their high net worth status!






10 comments:

  1. The true measure of your wealth is how much you would be worth if you lost all your money

    ReplyDelete
  2. How many folks under-estimate the risks of their human asset and early write-off their human asset?

    Early dementia in their early 60s and brain stroke patients are getting younger these days.

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  3. This comment has been removed by a blog administrator.

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  4. DW seems to have given some profound meaning. Read again.

    ReplyDelete
    Replies
    1. We are worth what we are paid for our service provided by our human asset. Once we can't provide any service of any kind we are worthless unless we are covered by income assurance for life.

      Delete
    2. The true measure of your wealth is how much you would be worth if you lost all your money
      which one?
      1. goodness of heart - short term feel good factor but doesn't feed my stomach.
      2. skills in hunting/growing food - no spiritual feel good factor but feed good and feed my stomach.
      3. got family to do the hunting/growing food - feel warm and feed my stomach but no intrinsic self worth
      4. got staff to do the hunting/growing food - you win lah, organise people to work and take a portion of their gains.
      5. service through your own human asset to others in exchange for food - see cw8888 uncle answers.
      6. the weight of your immortal soul - eh... are you lost? come to financial blog for?

      Delete
    3. SMK,

      When I saw the quote, I knew it did not come from the writer.

      The writer has since shared it came from his Buddhist teacher ;)


      Those of us with some Buddhist training can answer by quoting Huineng's:

      When alive, one keeps sitting without lying down.
      When dead, one lies without sitting up.
      In both cases, a set of stinking bones!
      What has it to do with the great lesson of life?


      After parroting Huineng, I better keep my fists clenched. Least Zhu Di will come and cut off my index finger!

      LOL!

      Delete
  5. What i can decipher is, because physical wealth cannot bring to after life, is what you have cultivate that is important. How you treat people, care for people, help, advise, educate, build, train etc and how you carry yourself. And this can be measured by people who remember u, cry for u, praise u, laugh with you, after you are gone. This are the true wealth after your death. Not much about how much money you left. :P

    ReplyDelete
    Replies
    1. Hi Cory,

      Well said, my friend. I could not have put it any better. Lots of so-called 'wealthy' people actually suffer from a sense of 'emptiness' in their lives.

      Delete
    2. now that that is fleshed out, it sounds way better.

      Delete

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