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.

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Friday 17 June 2016

His Retirement Income (2)


Read? His Retirement Income
























Uncle8888 caught up with this guy for an update on his tracking
and the conversation went something like these ....

CW8888: How is your tracking? Can show me?

Guy: Tracked for sometime. Now, stopped tracking. No mood. Sianz! Keep losing on soccer betting!

CW8888: Har! Thought you sibei chun on your betting. You said soccer betting is your "PASSIVE" income. Tracking liao. Bo chun?


CW8888: Human nature is like! Win money can remember and talk loud! Lose money. Tiam tiam and forget it. Like that. You forever made money.

Uncle8888 took the chance to super poke him ...

CW8888: Wah! You give away $10 and win $5. Sibei tok kong!

CW8888: Now, you give me $10 and give you $5 and broadcast for you in the Internet; you sibei tok kong in soccer betting!

CW8888: lai lai. LOL!


The very human nature at play. Win money talk louder. Lose money tiam tiam.

Sometime, Uncle888 tries to understand why some people refuse to track and measure their performance closely. Ego at stake?

He is close to 60!

Human nature doesn't change with age!












6 comments:

  1. Good things of course must show off mah hahahaa. if something bad happen must keep low, if not very pai seh de leh

    ReplyDelete
  2. CW,

    Now everything is also passive income???

    Soccer betting!?

    Usage of "Passive Income" reaching bubble stage?

    Shhh....

    ReplyDelete
    Replies
    1. I also said...

      Since when betting soccer is passive income? lol

      Zzzz...

      Delete
    2. Watch soccer matches and make $$. Should be passion income and not passive income. LOL!

      Delete
  3. temperament,

    I almost made a fool of myself.

    Wanted to poke you since you have "no fixed place to go" - why do you need to know where you are?

    Then I paused, think about it for moment, eh? Got mind-fxxxed!

    You man of the cross don't play play. Got some serious Zen ink in your stomach!

    Lucky I never poked you!

    LOL!

    ReplyDelete
  4. Human nature indeed.

    But if one is not honest with him/herself, one will not be able to learn. Especially important for newbies, for they have much to learn.

    Still painful though to see tracked results all red red :(

    ReplyDelete

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