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.

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

Monday, 21 November 2016

The Secret To Build Wealth That Is NOT Known Or Shared By Other Investment Bloggers


Saving more than XX%?

Invest more?

Compounding investment return at X or XX%?




Ya!


On theory!

Yes!


But ... The SECRET!





What Uncle8888 has realized from the "rational" and practicing wealth builders on the ground who are now in their late 50s and 60s; the SECRET to build wealth in their 30s or 40s ..........








Don't lose money on their investment or get scammed (e.g. Oilpods, Landbanking, Time-sharing, etc)!

Don't invest just to break-even!








3 comments:

  1. The question is not what to avoid or what to do.
    It is how to do it successfully.

    ReplyDelete
    Replies
    1. They say if you missed the the few days of peak prices in a Bull market cycle, you won't make much money.

      But they also say if you missed the worst few days of a bear market cycle you will be better off then you missed the few days of peak prices in the Bull market cycle.

      This means you don't have to in the market all the time.

      Right?

      i think there is most probably some truth in the sayings.

      Or else why am i here writing about?

      The question is how and not what?

      No?

      //
      And the secret to accumulating wealth is simply living as simply as you can.

      Or your needs are very few and can be easily fulfilled.

      This remind me the book - "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko.

      If you start living the habits of "The Millionaire Next Door" when you are in your wealth accumulating phase, i think you will be the next "The Millionaire Next Door" very soon.

      Cheers!

      Delete

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