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.

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

Wednesday 27 November 2019

It Is NOT SEXY To Talk About Saving And Earned Income As Investment Bloggers (2)


Read? It Is NOT SEXY To Talk About Saving And Earned Income As Investment Bloggers???

39 years as full-time employee from Aug 1977 (21 yrs old) to Sep 2016  (60 yrs old) and 20 years as retail Panda/Koala investor doing short-term trading and long-term investing in local SGX across markt cycles of Bulls and Bear From Jan 2000 to Nov 2019

Which one has generated better return on capital? Human asset or Financial asset?

Uncle8888 has invested his money, time and energy to upgrade his human asset from GCE A through part-time study to Diploma and Degree. 


But the sad truth about human asset is that not all of us can make it!

Read? For Most Of Us, The Sad Truth About Our Human Asset And Why We Need To Think About It???


But; he still has this strong belief that our human asset is a better wealth generator i.e. earn more, save more. Although, Uncle8888 was a piece of dead wood as employee in his last decade of corporate working life; but he still accumulated his annual salary till his voluntary early retirement and stopped becoming liability to his bosses as Team Lead who himself was NOT motivated and just cruising along!

Read? I Am Liability To The Team!!!

The result for CAGR on human asset over 39 years as full-time employee vs CAGR of investment portfolio over 20 years across market cycles as Panda/Koala class of retail investor in local SGX market.

Human asset : 12.7% CAGR over 39 years

Financial asset : 6.2% CAGR over 20 years.

How many of us seriously think that by coming to the stock market with 5 or low 6 digits investing capital; and you can pursue FI or FIRE without focusing on earn more, save more strategy on our human asset?

This is he has done over the last 20 years as retail investor. 

Read? Your Investment Portfolio is your Accelerator on the Road to Financial Independence! (2)




7 comments:

  1. CW,

    Eh... Because youths don't want to achieve FIRE at 60?

    They want it by age 35 ;)

    Now that's sexy!


    Don't worry. The counterbalance are youths who voluntarily contribute to CPF. They don't mind having to wait till 65. Heck! They don't even mind moving goal posts!

    I'm sure they will rejoice if they are allowed to delay CPF payouts till age 80!!!

    Look! More compounding right? Even better if can pass their CPF untouched to their grandchildren!

    LOL!








    ReplyDelete
    Replies
    1. Hi Smol,

      60 is no longer FIRE, it is FIRL!

      Delete
    2. We need more foreign workers if more and more FIRE at 40s. LoL

      Delete
    3. Spur,

      When the official retirement age is rasied to 70, retiring at 60 will be considered "early" ;)

      I see our community bifurcating into:

      1) Those who seek to retire early - the earn more people.

      2) Those who just want a comfortable retirement at 65 - the save more people.

      Delete
  2. Smol,

    Haha!

    When median life expectancy was 65, the retirement age for many countries was 50 or 55.

    Now that SG's life expectancy is 85, the powers that be may indeed be shifting retirement age to 70-75.

    10 years retirement -- no need to save so much, what for stress on investing?!?!? LOL!!

    Regarding the "FIRE" community, I see most simply yearning for FI but not really RE. Even after FI, either they'll move to a less consuming job, or just coast / camp along doing the necessary until 55+ or kena retrenched.

    ReplyDelete

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