As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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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Value Investing
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Monday, 22 February 2010

Home for Living and not for profit taking - Part 4

Read? Home for Living and not for profit taking - Part 3

"Don't sell your homes prematurely for a quick buck": PM Lee

Well said. It is timely that PM Lee reminded people that home is for living and not for profit taking. Get a second property for investment if you really love property as investment vehicle.

Some animal build up their home and live there till they die or forced to leave by circumstances not within their control.

Do you live in your dream home or you are just staying at a place waiting to sell your dream home and counting your dollars and then search for another a place to stay?

There is good reason why the standard method of counting a person's Net Worth is to exclude the value of the residential home and it is not treated as part of a person's wealth.

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