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



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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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Value Investing
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Monday 26 December 2016

Frugality, Time, And Money??? (2)


Read? Frugality, Time, And Money???


 Depending on which finance and investment bloggers you ask?

 Uncle8888 has recently tobang this brand new Audi Q5 home a few times.

 Why buy a new Audi Q5 when Audi's owner is going to retire soon on official retirement age? 

 Not frugal? Not financially savvy?

 Actually; he wanted to buy a cheaper one; but his wife told him to get the Audi. She told him off. Do you want to bring your money to your coffin?

 Hmm ... Okay!
Depending on which finance and investment bloggers you ask?

 Do we really want to bring tons of our money to the coffin and let others happily spend them for us?

 Isn't better to spend on our beloved ones when we can still see them happily enjoying on our spending? 

 The worst case is letting strangers becoming our last minute good friends to help us to spend our money.






Posted by Createwealth8888 at 11:38
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3 comments:

  1. Unknown26 December 2016 at 13:05:00 GMT+8

    My aim was a "Honda Civic 2.0". for sometimes.

    Couldn't overcome my "frugality mindset" and bought a Brand new Toyota Vios instead.

    68 going to 69 scraped my 10 year-old Vios.

    Decided no need a car anymore.

    BMW for about a week.

    Suddenly my B-I-L offered me his 9.5 year-old (FOC just paid him PARF) the "HONDA CIVIC 2.0" which actually he has intention to keep.

    He could do this because his wealthy friend offered him, his 10 year-old LEXUS which was in very good conditions

    Life is very strange indeed.

    i mean i have given up (for good) owning a car, therefore there goes my dream of my owning a "HONDA CIVIC 2.0"
    Which actually i don't think or feel about it.

    When my B-I-L made the offer to me, i even hesitated for about a week.

    i have been driving my "dream Car" for about 1.5 years already.

    To me the car is GOD's Sent.

    Why?

    Because i know i can still afford a Brand New HONDA CIVIC 2.0 but i don't want to drive because we don't really need a car but as a "LUXURY" only.

    Then out of nowhere, come this "Dream car"

    Next month, walk downstairs can hop onto DTL.

    But the convenience of a car is really too expensive to pay for lol.

    The things you got when you don't expect it, you will enjoy more out of it.

    ReplyDelete
    Replies
    1. Createwealth888826 December 2016 at 21:00:00 GMT+8

      Shiok!

      Delete
    2. Createwealth888826 December 2016 at 22:30:00 GMT+8

      When we became dementia whatever money we have under our name will somehow disappear to somewhere. Strange!

      Delete

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