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

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Sunday 16 October 2016

CW8888's Profile Update

I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016. 

I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor.

So I am that Panda or Koala in the investment world; but I am still surviving well in the wild. 

I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD. 

I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038 

Cheers! 

Last updated: 16 Oct 2016


11 comments:

  1. Good morning qian bei!

    And I thought ants eat anything and everything...

    Naughty, naughty.

    Very picky on your diet ;)

    Nothing wrong - just as long you have continuous supply of bamboos if you are Panda, and eucalyptus leaves if you are Koala bear.

    Even in winter ;)

    ReplyDelete
    Replies
    1. With Three Taps solution; even in harsh winter still will have something to eat. How about frozen bamboos and eucalyptus leaves?

      Delete
  2. Uncle,

    Not to worry, even if run out of frozen bamboo and eucalyptus leaves can check into the zoo to get free food.

    ReplyDelete
  3. 60 today is the new 40 in 1970. :)

    What happen after 2038? what if live >82 yrs old? Your 3 tap solution got enough buffer to sustain right... I mean not only you but including your wife.

    ReplyDelete
    Replies
    1. Tap 3 is the investment tap. It is volatile but still function as buffer. No letting go of investing competency yet. Regular readers can still see fireworks here. :-)

      Delete
  4. Got money of cos can buy. Should buy or not is another matter LOL

    ReplyDelete
    Replies
    1. Yalor. Big Fat Purse and Small Thin Wallet think different what to buy and when can buy. Sometime Big Fat Purse buy, buy, buy but still not buying enough. LOL!

      Delete

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