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 29 December 2013

14 Years of Personal Journey towards Financial Independence when staying employed becomes an option!

With the mind flip in Dec 1999, Uncle8888 went all out to set his goals, plans and strategies to create wealth through Short-Term Trading and Long-Term Investing in our local stock exchange (SGX).

From 1 Jan 2000 to 31 Dec 2013: 14 years of long journey

Without additional funding of capital since Jan 2000 (A single household income with 5 mouths to feed, it was really tough to find any spare money to invest as there were always another competing needs to spend and higher priority to add more into emergency fund as when we become older ;we become more fearful of losing our job); it took him 14 years to finally complete his Investing Goals set out in Jan 2000 with some margin of safety going forward into retirement income for life phase.


After 14 years of investing and trading experiences, Uncle8888 is more convinced and more biased towards Long-Term Investing approach with Growth-Dividend strategy as we are more likely to achieve our long-term Investing Goals in a shorter time frame.

Look at the above diagram again.

Are your Investing Goals similar?

Uncle8888 believes there will be several short windows of opportunity in terms of weeks over the future market cycles to create wealth. But, you must definitely plan for them with sizable War Chest and decisively seize them when the opportunities may seem to appear and that means your Account Size Really Matters as there may be false start!

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”Warren Buffett

Read? More on Mind Flip

Uncle8888's Investing Performance Benchmarking

1. Against Well-known Investors

He still have more rooms for improvement over the next 6 years (20 Years of Investing from Jan 2000 to Dec 2019)

2 . Against Self (Human Asset) : Earned Income from his Full-Time Job

Over the last 14 years (from 1 Jan 2000 to 31 Dec 2013), his Earning* from Investment is about 46% of his Total Earned** Income after Income Tax from his full-time job.

* Earning means it is always work-in-progress and subject to market volatility.

** Includes Employee and Employer's CPF Contributions

It could have been better!
Now, Uncle8888 believes he is more ready than in Jan 2000; hopefully it could be better.


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