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!


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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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Sunday, 28 February 2010

Dangers of High Debts and Low Margin

Beware of dangers of high debts and low margin - the Deadly Duo?

Marry The Guy Who Has 60% Sales Commission.

One day, I came to the Deadly Duo Road; which is well known that many people have been killed while trying to cross the deadly road. The death toll was worse during extreme bad weathers, many more were killed without knowing why?


While I was thinking how could I ever cross the road safely; then I saw a young man dash across the deadly road and followed by two old men crossing over it carefully.

I stopped the two old men and asked how long have they been crossing the deadly road?
The old men replied at the same time: "Since I was a young man."
The Deadly Dou Road is so famous for killing many who dare to try to cross it; and yet these two old men have been crossing it so many times and are still living well.
They must have master the Dark Art Of Crossing and I trust that they should be able cross it for a few more years.


Do you know who are the two old men crossing the Deadly Duo Road?

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