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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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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Sunday 22 April 2012

Visually guided long-term investing goals! (2)

"The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark." - Michelangelo

Read? Visually guided long-term investing goals!

Do read the above quote from Michelango again.




















For their investing goals, some retail investors set to to beat inflation rate or even FD rate which is really low grade investing goal to achieve. Why not try setting higher investing goals and then seriously committed to them. It may open up your investing mind to explore your 3M's - Method, Mind and Money to meet them.

In 2003, I set my aim high and falling short in 2011















Again in 2012, I have set the aim high; but will it fall short this time in 2021???


4 comments:

  1. Eh?

    This sounds familiar! Oh! Aim high shoot low?

    Must understand that in corporate world, we all play the "under promise, over deliver" game.

    If don't hit corporate goals got "consequence" one...

    And before we knew it, we apply the same to our personal goals; without realising it may be limiting our potential.

    I am with you on this one on not limiting our minds. Same destination.

    Although my path differs from your "aim high" strategy. I prefer:

    http://singaporemanofleisure.blogspot.com/2012/01/life-goals-be-as-vague-and-broad-as.html

    I like to surprise myself!

    LOL!

    ReplyDelete
  2. Ha!Ha!
    Some people can be like Michaelangelo. - The high flyers. Some people goal is "goaless". They just love to prod along and learn to enjoy the journey. They can be goaless because they are themselves and nobody can tell them differently. At the end of the day they are usually surprised by the result. Sometimes trying too hard may give you the opposite result. i did try too hard sometimes.
    By the way is goaless consider as a goal too?

    ReplyDelete
    Replies
    1. Temperament,

      Great question!

      My interpretation is:

      1) Goaless is a goal if I think about it.

      2) It's not if I didn't think about it ;)

      Delete
  3. SMOL,
    Exactly, goaless is also a goal. Aimless is also an aim. Planless is also a plan. Definitely nobody plans to fail. But someone fails to plan is really plan to fail by default. So my plan is to be goaless. Anything, anytime that can make money will learn to do.

    ReplyDelete

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