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

Wednesday, 2 April 2014

Book: Mental Healthcare Of The Elderly

Mental Healthcare Of The Elderly



In recent years, Asian countries have begun to rethink, reorganise and introduce innovations to improve their mental health services. Mental Healthcare of the Elderly contains some of these new ideas and is a primer for health professionals who are involved in the care of elderly people with mental health problems like depression and dementia.

 Read? For how long can we control our mind? Don't need to talk about investment! (5)
 


CW8888:









Lucky, we are Asian!


Uncle8888 has been reading more books on aging and researching into the next phase beyond financial planning for retirement income for life.

The Mind.

The same Mind in the three M's of investing - Method, Money Management, and Mind.


Dementia is scary as the mind is failing at the rate that we are not even aware. It can only be pick up by our family members.

Body is still working but mind is failing. When Body is failing and Mind is still working, we can use our money to buy help. 

When Body is still working but mind is failing; we may not even know how to get help. Lots of money in the bank also useless.


Nowadays, Uncle8888 has realised that his three children are actually "hedges" for his spouse and himself.

Hedge can end up with good value or worthless. That is the nature of hedging; but at least, he and his spouses has more hedges than the norm.

The risk of failing hedge will be lower.









Posted by Createwealth8888 at 07:59
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2 comments:

  1. CreateWealth88882 April 2014 at 08:13:00 GMT+8

    After 65, should we be still so health conscious on food or should we go out to eat what our heart desire?

    Better for our body to fail much earlier than our mind?



    ReplyDelete
  2. Anonymous2 April 2014 at 10:10:00 GMT+8

    I am always in awe and fascinated by our brains.
    Some people got dementia but some people able to live to the ripe old age with most of their mentality intact.
    Some terminal disease patients like cancer also have their mental power till the last breath.

    My mother lived to 90+ but only during her last 1 or 2 years she couldn't recognised some of her children but generally her mental state was passable.

    Yes!
    Asian thinking has alway been "SAN THAI TONG TANG" is the best. i tend to agree. But alas our modern world of living such a hectic and fast pace lives, how to "SAN THAI TONG TANG"?

    ReplyDelete

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