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

Sunday, 16 October 2011

Why Pursue Financial Freedom?

Just For Thinking ....

You google for "Financial Freedom". You will have a long list of bloggers writing on Financial Freedom and a number of them are bloggers in Singapore.

Why pursue Financial Freedom?

So that we will have freedom to choose to work and freedom of worry from losing our job. When we have  reached financial freedom; working has become so nice. Freedom of firing our boss at our own time and at our own target is really fantastic. So shiok man!

Let me introduce the concept of Stock Freedom. When I google for Stock Freedom; it didn't return any search related to "Stock Freedom". May be, I am the first one to coin it - Stock Freedom.

Stock Freedom

Stock Freedom may be our baby steps towards Financial Freedom. It may be easier to achieve these baby steps and more visible as we can really see the fruits of our labour in investing.

When have achieved Stock Freedom, we will have freedom to hold our stocks in the volatile stock market across market cycles of Bull and Bear. We will have the freedom to sell our stocks anytime and at any target. We will have freedom of worry of not losing our capital. When we don't lose our capital, we are happy.

So what is Stock Freedom?

When we have a portfolio of Pillow Stocks in the stock market for generating cash flow. We keep taking these baby steps to build up more until we reach Financial Freedom.

Read? Pillow Stocks Strategy



Posted by Createwealth8888 at 15:19
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6 comments:

  1. Singapore Man of Leisure17 October 2011 at 19:12:00 GMT+8

    Hello qian bei,

    I never thought of it that way... Stock freedom -now that's interesting!

    I love one point you mentioned in your Pillow stock strategy - RETURN of capital.

    Most people focus on return ON capital. But if we don't get our money back, what's the point of all the paper profits and project yields? LOL!

    Yup, once we have our capital back, the "free" stocks left over will earn "infinity" returns for us. It's our personal DIY "CPF Life" cash flow during our "fiancial freedom".

    I hate the word "retirement"? Do you know a better word that I can replace it with? "Financial freedom" somehow is not really the word I am after... I need something more humble.

    ReplyDelete
  2. Createwealth888817 October 2011 at 19:45:00 GMT+8

    Leisure Freedom for SMOL.

    Freedom to travel.
    Freedom to enjoy.
    Freedom of worry from string been attached.

    LOL

    ReplyDelete
  3. Anonymous18 October 2011 at 22:46:00 GMT+8

    Hi,
    If you have a piece of land and you don't have to do anything about it until people come knocking at your door then maybe your $$$capital in the market can do the same.
    You don't have to look at the clock and depend on your capital in the market. Even though you may need the "cash-flow" generated from your capital in the market. That's so simple. but how many of us has this luxury?
    Ha! Ha!
    No joke, but that's my belief and aim.

    ReplyDelete
  4. FF19 October 2011 at 22:31:00 GMT+8

    Uncle 8888,

    Were you googling for my blog =)
    Stock Freedom? Interesting concept... Maybe you can elaborate more.

    ReplyDelete
  5. Rolf Suey3 December 2015 at 00:30:00 GMT+8

    interesting to goodle the meaning of FF.

    "For financially independent people, their assets generate income that is greater than their expenses."

    So the same question from SMOL what if the asset depreciates?

    ReplyDelete
    Replies
    1. Createwealth88883 December 2015 at 07:06:00 GMT+8

      We should remember this wealth formula: Wealth = Asset Value + Cash Flow. The key to financial independence is to build sustainable retirement income for life and not just focus on asset value. How many taps are required?

      Delete

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