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

Saturday 27 July 2013

Investing Lessons From Conversation With Uncle8888 (1)

At yesterday lunch meeting at Nex with one young undergraduate; he may have realized and re-learnt something differently from the book: Rich Dad, Poor Dad that he has read many years ago.

TGIF lunch is expected to be longer but still shorter to gain more insight!
Time up and back to office!




  1. CW,

    Balanced or middle way indeed.

    Some focus too much on cash flow and ignore asset value. I scratch my head whenever I hear: "Oh, just as long I got my dividends, I don't care if my stock goes down 20-30%."

    Some are so asset rich, like living in landed property, but don't have the cash to pay for medical bills and struggle with day to day living...

    I also like your highlight of human asset and financial asset.

    Financial asset can be lost or stolen, human asset once developed is a lot harder to depreciate - unless you got dementia...

    1. It is simply financial common sense where should young investors focus on. Yet too many of them just don't get it.

      Hope that this young undergraduate will get that common sense right out of an old horse's mouth chewing on crispy Teppanyaki chicken.

    2. CW,

      By the way, you daughter may roll-eyes when she sees you topic headline. LOL!

      I will support you - Focus on the moral of the story ;)

      It's something we can sing song to the young - don't focus so much on grammar and spelling that you forget the moral of the story!

      (OK, OK, I am bad influence. English teachers, I beg forgiveness!)

    3. Oops. Can still amend with no penalty. LOL!

  2. Ha! Ha!
    Wealth = Asset Value + Cash Flow is correct only provided CF is positive even when Asset Value is status quo. This usually means Asset Value has been protected and Liability has been reduced or has been off-seted by CF.
    So if i can manage my Liability and protect my Asset Value, both of this action hopefully can generate enough positive cash flow to increase my Wealth.
    But this is only theory. How put into practice neh? Your action may differ from mine. But hopefully we all arrive where we want to go to.
    To me, managing Liability should precede any other financial actions. The NO 1 action to always look out for before talking about any other thing, financially.


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