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

Sunday 31 May 2020

Being Frugal??? (2)

Sunday, 17 May 2015

Read? Being Frugal???

5 years later ..... COVID-19 has "punished" Uncle8888 and showed him the way that small money can be saved by switching from drinking kopi-o kosong at his HDB's kopitiam to Nescafe Kopi-O Singapore Kopi at home.

Another saving in May is on $64 senior monthly concession pass. Probably, he just spend a few dollars on bus fares going to buy hawker food from Kovan and Ci Yuan.

CB Phase 1 on 2 Jun 2020; he is going back on his $64 monthly pass for June to roam again. LOL!


How to be minimalist?

Lessons learnt!

Stay at home and stay healthy!

Truly tested way to FIRE!













9 comments:

  1. Been wfh for 2 months drinking 2 in 1 kopi at home. Most meals are cooked at home. Celebrated 3 children birthdays at home, we would otherwise go to restaurants. But utilities have increased too.

    ReplyDelete
    Replies
    1. Govt hear us and giving discount of $100 on utilities. LOL!

      Delete
  2. Uncle8888 you also living in hougang areas? i am too.

    ReplyDelete
  3. Join the Q - Mee pok/Laksa like outside HG Mall kopitiam stall and hot porridge. Can also try mini assorted Teochew kueys (two stalls - the middle stall is more mini so can eat more types at one go with more chilli and black sweet sauce)

    ReplyDelete
  4. Yeap! Wife has just grumbled over ta pow food. It is not same as eating at the same restaurant at Nex. LOL!

    ReplyDelete
  5. Nescafe Kopi-O - processed food. Also not healthy le! LOL.
    I cooked most of mine with no salt, no sugar and no chilli. Cough Cough..

    ReplyDelete
  6. From ex houganger

    Hougang central blk 805, ah beng 5 star western.

    ReplyDelete

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