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 2 March 2011

Singaporean's three main worries

March 2, 2011, BT, MONEY MATTERS


What then makes people unhappy? Worry is the crux of unhappiness. Worry is the chattering monkey inside an unhappy head. It is difficult for procreation to occur when there is a chattering monkey bothering us all the time


There are three main worries:


  1. funding personal retirement
  2. the cost of having children
  3. funding parents' retirement, which is now also a legal obligation.
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Createwealth8888:

Luckily, I realize it much earlier that by depending on my earned income from employment would be very tough for me to meet 1) funding personal retirement; and 2) funding of my three kids university education.

Looking back my Minimum of 10,000 hours hard work does pay off well as I am now able to cover the cost of my three kids university from the stock market and similarly looking forward cautiously to complement the funding of personal retirement from the stock market as well.

Good news folks, it can be done!

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