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
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 16 July 2016

His Lifetime Of Earned Income After Tax (Aug 1977 to 15 Sep 2016) vs Net Investment Gains Since Jan 2000


Read? Count Down To Retire@60

With Uncle8888's fixed monthly salary; it is simple to compute his lifetime of earned income after tax from Aug 1977 to 15 Sep 2016; it is over 38 years of using his Human Asset to generate cash flow comparing to over 16 years of using his Financial Assets to build up another source of wealth and cash flow for the rest of his life.


One consolation prize after spending more than 16 years in SGX, our local stock market; he realized and quite confident on his current investing strategy and war chest; he should be able to survive for the next 5 to 10 years in the stock market unless he becomes dementia before 65 to 70.


 
 
 
 
Wealth Accumulation Rate P.A. From
Human Asset vs. Financial Assets:
 
Over 38 years: 68% as of 15 Sep 2016
 
Over 16 years: 32% as of 15 Jul 2016
 
 




 
The most important thing that he realized that it is better to avoid large losses than trying to win big by taking higher bet. Recovering from large losses is painful and may take a very long time just to breakeven.
 
 




3 comments:

  1. Currently are you making a profit or sitting on losses?

    ReplyDelete
    Replies
    1. For the past few years, I have slowly taken back all my initial investing capital at Jan 2000 and also locked in some investment gains (i.e. trading profits & dividends)in the bank as War Chest.

      Getting older and getting timid! Bo lam par.

      Delete
  2. NO! NO!
    ROM 1st
    GOM 2nd.
    Time to know you don't have to pole vaulting anymore.
    Time may not be the limiting factor now.
    But if you have not made your Pile, it may not much you can do lol!
    You may have another 20 years but no HC liu hoh!

    ReplyDelete

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