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

Friday, 17 August 2012

Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (12)



Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (11)


50 Year Housing Loans In Singapore…


Are some of our next generation born into House Slaves for the Bankers!!!

"I was debt-free before 36 and live through few recessions without big worries and not losing sleep at nights." - Createwealth8888

Actually, he has dumped most of his saving available in CPF into my home and only took a 5-years HDB loan and that really surprised few people around him at that time.

Did Uncle8888 lose out by not having more money for early investment?

What is the verdict at his age at 56?

Sometime, we should rather listen to those who have arrived as they may have done something right to reach there safely and on time.

When comes to investing during market crash, the state of  Mind is the most important. Only calm mind is able to spot opportunities at the most risky moments as they know will not die even though there is likelihood of great investment failure.


Are you ready for that Moment of the Greatest chance to become rich in stocks?






Posted by Createwealth8888 at 07:53
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4 comments:

  1. financialray17 August 2012 at 10:14:00 GMT+8

    For property investors, debt is used as a leverage to make more money. Yes, it is a double edge knife. A knife is a good invention but it can cause injuries if one is careless about its use. 30 year loan is good enough as most investors I believe clear the loan in a few years when they are investing right or maybe 10 years will see the investment bear fruit already.

    ReplyDelete
  2. Anonymous18 August 2012 at 00:12:00 GMT+8

    Quote:
    "Are you ready for that Moment of the Greatest chance to become rich in stocks?"
    Unquote:
    You will neber, eber, be ready if you are in debt. i bet you!

    ReplyDelete
    Replies
    1. RayNg18 August 2012 at 11:29:00 GMT+8

      Quote: "You will neber, eber, be ready if you are in debt. i bet you!"

      Did you mean: You will never, ever, be ready if you are in debt. i bet you! :)

      Delete
  3. Anonymous18 August 2012 at 17:54:00 GMT+8

    Ha! Ha!
    Yes! i did it on purpose.

    ReplyDelete

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