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 11 May 2008

Me & my money, thesundaytimes May 11, 2008

Well said by Dr wong:

"One cannot depend on salary alone. We need passive income as well. I hope to be business owner rather than worker"


I, createwealth8888, trade and invest to achieve a second passive income; and to reach FI stage by Sep 2011, where the passive income from yearly drawdown (4%) from this net worth plus trading profit to become the main stream income and salary to form secondary income or no income.


Motivational guru Tony Robbins teaches that the reason for doing something rates much higher than the methods you use to get the job done. If you have the strong enough “why” to begin trading – then you will find a way to get the job done. ( extract from David Jenyns )


Personal goal keep you motivated and focused. Take that goal and put it where you will see it when you wake up in the morning and before you go to sleep each night. If you really want to burn this goal into your subconscious mind you should read it aloud once each morning and evening.

This technique really works. It is not “corny”. This is a key technique Napoleon Hill teaches in “Think and Grow Rich”; the class success book teaches how to turn your thoughts into riches. ( extract from David Jenyns )

1 comment:

  1. createwealth bro, I support you all the way! I hope to be done by then as well. Hope to have a lot of time to drink coffee with you.



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