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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Value Investing
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Sunday, 12 January 2014

How boring 'secret' to being rich (2)



Read? How boring 'secret' to being rich


The Hard Truth

Not all of us can succeed in climbing the corporate ladder.









By late 30s and early 40s; we should already know it.

We should then switch to climbing investment ladder by all means.


Where is the climb up the corporate ladder?

Uncle8888 tio stuck!!!


Really boring at 4.8% CAGR over 18 years!





























Climbing Invest Ladder
 
 
It is less boring with CAGR of 9.7% over 14 years.
 
 
It does help him in wealth building for an average worker like Uncle8888.
 
 
 
Posted by Createwealth8888 at 11:01
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5 comments:

  1. CreateWealth888812 January 2014 at 11:41:00 GMT+8

    Why not measure CAGR of your earned income after tax today?

    Is the number a surprise to you?

    ReplyDelete
  2. B12 January 2014 at 13:35:00 GMT+8

    It shows uncle is more suited for investment than corporate ladder type of lifestyle ;)

    ReplyDelete
  3. CreateWealth888812 January 2014 at 14:51:00 GMT+8

    Account size matters in climbing investment ladder and that has to come from climbing corporate ladder first. :-)

    ReplyDelete
  4. Unknown13 January 2014 at 05:46:00 GMT+8

    Well you need money to make money!
    Of course you need to have good income before you have the investment capital to create wealth.

    Regards,
    Gerald
    SG Wealth Builder (www.sgwealthbuilder.com)

    ReplyDelete
  5. RayNg13 January 2014 at 09:03:00 GMT+8

    When you're young, men at work.

    When you're old, money at work.

    ReplyDelete

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