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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Value Investing
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Wednesday 1 September 2010

Before you plan to retire, plan to get out of office rat race first!

Read older post? Retire early, live longer?

Today, there are two letters in the  ST's forum page, A33 related to topic of retirement.

I believe that before one starts thinking of retiring, one should plan to "retire" from office rat race first, e.g. semi or quasi retirement (working just enough not to get sacked). But, to be able to do that one needs to have other sources of income generating capabilities to compensate it as you may be unexpectedly get fired!

So, if one mainly depends on active income from your salary to build up wealth; then it may difficult to get out from office rat race.

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