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

Tuesday, 20 May 2014

Trinity of Investing???


Just For Thinking ...


Read? Trinity of Fundamental Analysis Investing







































Time is the true element of the Trinity of Investing!

You may be lucky or unlucky this time; but your luck is likely to change over market cycles.

In investing, your account size really matters; but it takes time to grow your account size through saving from your earned income.

One day, one young colleague came to me and said he wanted to learn investing from me (Uncle8888 doesn't even know him. Not sure who in the office asked him to look for me)

Uncle8888: "Do you have $30K?"

Young man: "No."

Uncle8888: "Save up to $30K first."

Young man walked away. He should be disappointed. Right?


 "For the things we have to learn before we can do them, we learn by doing them." - Aristotle



It takes time to acquire your investing knowledge from reading and reading. Over time, you are going to make a few big mistakes and hopefully you can learn to be wiser and polish up your investing skills and continue to read and read.

BTW, Uncle8888 has read tons of books and still reading.

You have to continuously read and closely follow financial and company news. There is absolutely NO time limit to follow these news unless you want to give up investing.



Investing Goals


























Set investing goals for you. 

Set a time frame to achieve them.

Timely review your achievement at least on quarterly basis and somehow, time will pressurize you into taking actions.

If you haven't started serious thinking about it. Over the next few days, you better start serious thinking about it before ...

 






It also takes time for Uncle8888  ....












































2 comments:

  1. Fishmongers or Beer Buddies?

    Anyone who show you how to Get Rich Fast is a fishmonger!

    No?

    ReplyDelete
  2. CW,

    And stay at arm's length anyone who "sells" you PASSIVE.

    It's another one of those "hooks" that works well with FREE.


    Income can be "passive" in nature; but it does not mean easy or no time needed to SECURE it in the first place.

    ReplyDelete

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