As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!


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
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Saturday, 10 December 2011

Home for Living and not for profit taking (7)

Read? Home for Living and not for profit taking (6)

 



Warren Buffett's Home

Warren Buffett the Worlds 3rd richest man with $ 47 billion dollars still lives in the same house in the same Happy Hollow neighborhood where he bought the home in 1958 for $31,500. It has 5 bedrooms, 2.5 bathrooms and is 6234 square feet, the house was built in 1921. In 2005 it had a taxable value of $ 690,000.

Createweath8888:

This man teaches the greatest lesson in the concept of  "Home is for Living". A home is for personal and family comfort living; it is your nest and anything beyond that is just for showing off. 



4 comments:

  1. Hi CW,

    Certainly, we cannot invest like Warren Buffet but we can aspire to keep a home like him. ;)

    ReplyDelete
  2. Ouch! LOL!

    Different strokes for different folks.

    As for me, home is not bricks and mortar.

    Home is where I find warmth, love, and peace.

    Since we can't put a "value" to these emotions, hence no need to mark to market.

    Apologies; but I poisoned by Buddhism...

    ReplyDelete
  3. True. Home is where you want to go back. Even E.T. wanted to go home. Anyone know who is E.T.? LOL

    ReplyDelete
  4. Hi SMOL,

    Well said. ;)

    Hi CW,

    "E.T. phone home." ;-p

    ReplyDelete

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