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, 16 May 2010

Saving matters but Investing determines - Part 3

Saving matters but Investing determines - Part 2

invest, thesundaytimes, May 16, 2010


Ex-pastor turns evangelist of wealth

Desire to do more than pray for poor drives him to create wealth foundation.

For 15 years until 2002, he worked as a pastor in south Africa but could do nothing more than pray for them.

It was only in 2002 that Mr Carstens, now 48, realised he could do more if he became a successful investor and created a wealth foundation.

He started reading feverishly on finance. He did well with property investments when South African had a real estate boom between 2002 and 2006

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Createwealth8888:

Noted this:"He started reading feverishly on finance."


The key to your success in wealth creation lies with the knowledge and skills in investment. Skills can be improved over time through real-life practical hands-on experiences in investing through market cycles. Learning to live with the bulls and bears as it is too difficult to avoid them.

Start reading feverishly in finance and investment if you haven't really get going.

Newbie To The Job Market?

Financial literacy is one of the most important skills an adult should have

 

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