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 ...
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
ReplyDeleteCW8888 - 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!
ReplyDeleteHopefully more people will realize that the day when they get serious on their investing the other door has been opened for them.
ReplyDeleteIt shouldn't bother how we begin. It is the ending that really matters!
ReplyDeleteI 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.
CW,
ReplyDeleteI 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"?
"we need CAPITAL GAINS more than CASH FLOW early into our investing journey."
DeleteYou 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?