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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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, 13 October 2012

Home for Living and not for profit taking (8)



Read? Home for Living and not for profit taking (7)


He is 59. Instead of looking forward to his retirement, he is hoping that his boss will recommend him to work till 65.


HOW COME????

He took profit on his first HDB home and then took a second housing loan for his replacement home.

He still have another 7 more years to clear his housing loan.

It is exactly what my ex-neighbour did except my ex-neighbour is a taxi driver and can drive his taxi till 70.



Home for profit taking???

In life, we all reap what we sow when we are much younger as we don't think decades away.








Posted by Createwealth8888 at 16:17
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