As from April 2013 my Journey in Investing is 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, 24 May 2014

The most important chart in CW8888's blog to remember on Wealth Formula!!! (2)



Read? The most important chart in CW8888's blog to remember on Wealth Formula!!!

The 37 years life story of Uncle8888 as human asset ... 

Climbing corporate ladder ...








































The Door closed after his three months long MCs


 
“When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.” - Alexander Graham Bell


Climbing investment ladder ...

 















































This Door will remain open for a long time ...




6 comments:

  1. CW8888, looks like you have found your ever-green path (or ladder if you like to call it) and all the best in this eternity path

    ReplyDelete
  2. CW8888 - appreciate what you have shared and hopefully, being in your same age group, I will be able to also experience the financial freedom of earnings from investment!

    ReplyDelete
  3. Hopefully more people will realize that the day when they get serious on their investing the other door has been opened for them.

    ReplyDelete
  4. It shouldn't bother how we begin. It is the ending that really matters!


    I started with GCE A and along the way through part-time and distance learning I have picked up Diploma and Degree.

    I am single household income with three children. Two of them have completed their university study and started working. The youngest son in NS now and he will be going to SUTD after NS.

    So you can see that I was financially tight and that is the reason why I didn't add any investing capital since Jan 2000.


    ReplyDelete
  5. CW,

    I am biased; definitely agree with you heroes don't ask about our beginnings! LOL!

    I've always guessed you are A' level or Poly. I see you have made it as a graduate taking the "longer route". Respect.

    Unless we have a big account from the beginning (parent's gift) or able to transfer $100K per year to opportunity fund (high income), we need CAPITAL GAINS more than CASH FLOW early into our investing journey.

    Your cash flow NOW would have been much smaller had you gone the route of dividend investing 10 or 20 years ago ;)

    Cannot just show powerpoints and charts. Your this sharing will benefit those whose life circumstances are similar to yours - not everyone is single or double-income with no kids.

    Now who dare say your journey is "easy"?

    ReplyDelete
    Replies
    1. "we need CAPITAL GAINS more than CASH FLOW early into our investing journey."

      You are absolutely right!

      :-)



      How many younger retail investors after reading your above comment fully understand it and may revise their investing strategies when they have the time and means to do so?

      Delete

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