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.

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Saturday 4 July 2020

10M Population in Singapore???

Do a mass polling among Sigaporeans.

Of course. The answer is NO!

Why?

90% of Singaporeans are working class!

You ask businessmen, landlords, business owners, entrepreneurs and investors. Answer is YES!!!

LOL!

5 comments:

  1. Follow da money 🤣

    Actually one way to maintain prices of aging hdb. Opportunity for boomers to squeeze money by selling old flats to 5M new PRs lol.

    ReplyDelete
  2. Merderka generation vote YES to 10M. LOL!

    ReplyDelete
  3. Singaporeans can choose to UnSingaporean themselves to be better than foreign workers.

    ReplyDelete
  4. CW,

    Landlords include humble HDB owners who are hoping to rent out their 1-2 spare rooms for passive income to supplement their retirement or FIRE goals, or to offload their bigger 4-5 room flats for solid, solid capital gains in the resale market and transit (downgrade sounds so sad) to smaller 2-3 room flats as their alternative source of retirement income OUTSIDE of CPF.

    OK, now to poke ourselves.

    You think why most outside our FIRE or financial literacy community don't have a high opinion of us?

    Its always about money, money, money. We'll probably sell our grandma if we could make a buck out of her!!!

    Where's our idealism?

    Where's our souls? (Some may oredi have sold to the devil looking at the ways they are fleecing their flock...)

    OK, I better stop and hide under my maggi mee pot now!

    Don't hit the face!

    ReplyDelete

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