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!

Currently; it about 54% to destination!


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, 6 July 2013

Reaching the Edge of Financial Independence. Next, watch your Beta closely!



Read? Mara River : Reaching the Edge of Financial Independence!!!


Last Sunday, Goh Eng Yeow wrote ......


"To be financially independent is to be able to maintain your desired standard of living, without ever facing the risk of running out of money."


"Trusting the vagaries of the stock market to try to achieve that goal is really too much like a roll of dice."



These words strikes Uncle8888!

In another word, after reaching the Edge of Financial Independence, we should be watching our Financial Independence Beta closely in the wake of vagaries and volatility of the stock market.

We shouldn't be rolling the dice too often.





 



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