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

Thursday 2 June 2016

Do you think your life will change drastically after Financial Independence?



Read? Do you think your life will change drastically after Financial Independence?


So far based from Uncle8888's reading into many books on retirement ... One possible reason why many of us fear retirement and many more HNWIs continue to work even they can retire anytime from their full-time job.

These people are likely to have Achievement-oriented personality.

They can't live without any sense of achievement in their life. As retirees; it is so hard to maintain that sense of achievement without career, business or corporate activities to boost up.

So Uncle8888 understands this!

For the initial year in his retirement, Uncle8888 has set for himself along this path to have sense of some achievement but not in career or business.

It will be some achievement for personal well being and fitness. With more free time, he should get fitter and maintaining fitness and may be he can become role model for other senior citizens or retirees who are "Italy".

Senior citizen are older but NOT necessary weaker!

This blog on Short-term trading and Long-term investing may have inspired you to take charge of your personal finance and investment to reach the edge of financial independence since Nov 2006.

The next chapter of this blog will aim to inspire other retirees and senior citizens to take charge of their own fitness and be fitter.

No "Italy"! No excuse!

Uncle8888 also loves to eat and in fact he lives to eat and NOT eat to live! The only period he has to eat to live was those many months after his cancer treatment when every meal was an oat meal with Ensure drink!


I am old but I am not weak!









11 comments:

  1. We need health to enjoy our wealth and preferably not to spend our wealth to restore health.

    ReplyDelete
  2. Well said.... Always like to read your blog and comments

    ReplyDelete
  3. Uncle 8888, 赞啦 !!
    (Silent reader, First time commentor)
    PS: Your blog not lor sor..sometimes funny.. many times 一针见血。

    ReplyDelete
  4. CW8888 : Very inspiring take on "retirement"! Let's arrange to lim kopi one of this day! ;-)

    Oh, thanks for mentioning my post. Cheers!

    ReplyDelete
  5. “YOU CAN’T PREDICT TOMORROW”

    Palliative care specialists like Dr Raymond Ng are also encouraging patients and their family members to have an honest discussion about death – and, where possible, come up with a care plan in advance in case something happens.

    He spoke movingly to Talking Point of losing his mother to cancer when he was just 18. Nobody had spoken to the family of just how badly she was doing, and it came as a shock to him when she died, in pain and confusion and without her son and husband by her side.

    “Even if you are healthy,” Dr Ng said, “one cannot reasonably predict what may happen tomorrow or next week. I may face a catastrophic illness or an accident, and my loved ones may not know what I would have wanted in such a situation.”

    He added: “It is a heartfelt conversation between yourself and your loved ones about what matters to you, and about what quality of life means to you. So in discussing this topic, it would definitely foster closer relations between you.”

    Watch the full Talking Point episode of ‘A Good Death’.

    ReplyDelete

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