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

Wednesday, 26 January 2011

Chasing the last $100K (last mile) and may fall hard!

Read? The Last $100K to Millionaire Club

When I was chasing the last $100K (last mile) in 2007 I became bolder and  greedier to finish the race in shorter time than expected.

Like many others, we know that we need to get out one day and we like to believe that we know how to get out.

Actually, we may not really know.

This time I have learned the moral of the story of the last $100K and
I will not become bolder and greedier in the last mile.


  1. uncle8888

    what do u mean by you became greedier?

  2. I wanted to win more so my contra positions grew bigger (bigger bets)

    Read? Trading Performance Review


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