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

Thursday, 14 August 2014

Just one-fifth of Singaporeans confident CPF will meet retirement needs: Survey (2)


Read? Just one-fifth of Singaporeans confident CPF will meet retirement needs: Survey



How to have enough to retire at 60s?




Three steps ....
Step 1: Manage spending

 Step 2: Increase earned income and saving

 Step 3: Compound investment return through either growth-dividends or growth-cash flow investing strategies. 

Don't be too focus on income-dividends strategies when we are younger. We may not be that good at re-investing for compounding gains. Sometime, it is better to stay invested with good stocks and let the Management do the job for us.





















Step 1 and step 2? Uncle8888 can't help you much!

 But, Step 3: This is where Uncle8888 can help to show you how he has done it with his not-high and single household income with three children and surviving over his highest expenses bombing for his three children's university education costs.

 Read more?  Retirement Income For Life Planning Model

Posted by Createwealth8888 at 08:02
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1 comment:

  1. Unknown14 August 2014 at 16:42:00 GMT+8

    Singaporeans should treat CPF savings as bonuses and not depend on it for retirement.
    Start wealth building journey and invest early.

    Regards,
    SG Wealth Builder

    ReplyDelete

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