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.

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Value Investing
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Sunday, 29 January 2012

Passive income ONLY - You can't really get rich with it! (2)

Read? Passive income ONLY - You can't really get rich with it!

Anyone has read an article or personally know someone who is NOT rich and became rich through passive income investing. Not me. I have yet to read one on it.

But, I knew there are people who became rich either through huge capital gains or successful leveraging up on their investment.


Posted by Createwealth8888 at 20:43
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2 comments:

  1. Guru30 January 2012 at 17:07:00 GMT+8

    I think people will get rich when they have lots of liquidity and at the same time when markets crashes..

    ReplyDelete
  2. Anonymous30 January 2012 at 21:02:00 GMT+8

    Hi Guru,
    Yes, you are right in both instances. But the most important thing to have is the "correct" Temperament. A basic IQ is enough. And you should know who said that.

    ReplyDelete

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