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!


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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

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Tuesday, 12 April 2011

Eleven Rules by Bill Gates

Bill Gates recently gave a speech at a High School about Eleven (11) things they did not and will not learn in school.

He talks about how “feel-good, politically correct” teachings. Created a generation of kids with no concept of reality and  How this concept set them up for failure in the real world.


Rule 1 : Life is not fair - get used to it!


Rule 2 : The world doesn't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

Rule 3 : You will NOT make $60,000 a year right out of high school.  You won't be a vice-president with a car phone until you earn both.

Rule 4 : If you think your teacher is tough, wait till you get a boss

Rule 5 : Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping: They called it opportunity.

Rule 6 : If you mess up, it's not your parents' fault,  So don't whine about your mistakes, learn from them.

Rule 7 : Before you were born, your parents weren't as boring As they are now. They got that way from paying your bills, Cleaning your clothes and listening to you Talk about how cool you thought you were:  So before you save the rain forest From the parasites of your parent's generation, Try delousing the closet in your own room.

Rule 8 : Your school may have done away with winners and losers, But life HAS NOT. In some schools, they have abolished failing grades And they'll give you as MANY TIMES as you want to get the right answer.  *This doesn't bear the slightest resemblance to ANYTHING in real life.

Rule 9 : Life is not divided into semesters.You don't get summers off and very few employers Are interested in helping you FIND YOURSELF.  *Do that on your own time.

Rule 10 : Television is NOT real life. In real life people actually have to leave the coffee shop and go to jobs.

Rule 11 : Be nice to nerds… Chances are you'll end up working for one.



1 comment:

  1. It's good to be reminded of the realities of life from time to time.

    I love rule 11. LOL!

    ReplyDelete

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