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

Sunday 10 March 2013

The Permanent Portfolio

Just For Thinking .....

This book is also available at NLB.

Createwealth8888's thought after reading this book.

Unless we are already high income earners with high saving rate, can we afford to remain passive and not constantly upgrading and widening our investing knowledge and skills to make our hard earned money work harder for us and to achieve financial independence before Singapore's official retirement age at 62 and re-employment up to 65.

In our first half we should work hard for our money and save more. We shouldn't even doubt it. It is a must!

In our second half, we may have built up fairly large account size for investing, we should uplift ourselves to make our money works harder for us. But, there is no such thing as less-work-more-return in the market where there is full of smart people watching over it day and night trying to fish more money out from other investors' hard earned money.

To become rich in stocks we must rise way above average investors since they are the ones to provide the fuel of the market. Why??? ETFs or whatsoever funds, the money provided by these investors must find their way back in and out of the market cycles. Who will benefit from these market cycles? The answer is quite obvious when the investing mind is open.

Practise 3M's - Method, Mind, and Money Management.

"Investing knowledge and investing skills are worth investing your precious time to acquire them when you are younger. These skills will remain with you long after your official retirement age and can become your pass-time job" - Createwealth8888

 Read? Education - Trading - Becoming Rich in Stocks

Read? Education - Investing made simple

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