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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
Stock Tips

Tuesday 15 June 2010

Live within your means

Indebtedness itself will never kill!

Live within your means

Many people can easily understand and know it is wiser for them to live within their means and not to over spend and get themselves into debts.

Invest within your means

But fewer people will understand that it is not foolish to invest within your means. Investing within your means will enable you to sleep soundly at nights through every market and economics cycles.

Always remember this. Leverages is a double-sword and it can also kill. But, leverage may not kill them if they have Bank Of Papa or Bank of Mama to rescue them.

When you look up and don't see Bank of PaPa or Bank of Mama smiling at you; but only see open palms and when you look down and see only open mouths; then you better listen to this wise guy.

"Do or do not. There is no try." - Master Yoda

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