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

Tuesday, 2 August 2011

'The Bear Market Is Starting': Marc Faber

Read? http://www.cnbc.com/id/43983284

Are you ready with your platoon, company or division of commandoes for the Bear Attack?

I have taken back 80.2% of my investing capital and they are sleeping at the base camp waiting for the Big Bear to come?

How about you?


Posted by Createwealth8888 at 19:29
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3 comments:

  1. Anonymous2 August 2011 at 20:34:00 GMT+8

    Hello Uncle,

    Can you clarify what you mean by investing capital?

    Cash on hand minus 6-months emergency cash?

    Include CPF?

    Include SRS?

    Thanks.

    Jimmy

    ReplyDelete
  2. Createwealth88882 August 2011 at 21:29:00 GMT+8

    I have one bank account that is designated only for investment and trading. Investing capital is the total amount of money saved from earned income (employment) that was previously transferred into this bank account over the years.

    I use CPF Investment Account to hold my long-term stocks and not for short-term trading. These also form part of the total investing capital.

    In another word, Total Investing Capital = CPF investment account + Bank account (Investment and trading)

    Read more? Two Bank Accounts? No, You may need Four! - Part 2

    ReplyDelete
  3. TheOracle2 August 2011 at 22:23:00 GMT+8

    Today, I've released my final holding of vested capital. 100% in base camp now with a few scouts sent to recce the bear - some shorts position ITM.

    ReplyDelete

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