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.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Monday 24 November 2014

Save more than 60%. No need to invest??? (2)


Read? Save more than 60%. No need to invest???

After hearing someone with $5.2M and lost $1m punting in the stock market; she is not wrong in not investing as she had enough to retire with an asset draw down strategy.

How many of us actually feel the sharp pain of inflation impact?

Likely, most of us will get over the price hike after a few rounds of purchase.

Do you feel painful when you eat $3 chicken rice now?



But, when you lost large sum of money, it can be painful for many years whenever you think of it. Some even chop fingers and never ever touch it again!
 

 


7 comments:

  1. Inflation won't make us bankrupt. Moment of greed and stupidity in our financial decisions will!

    ReplyDelete
  2. Salary increment usually covers inflation. But moment of stupidity no one bail us out.

    ReplyDelete
  3. Why some foundations and insurance companies are parking large amount of their fund in government bond earning low return and lower than inflation rate?

    They are financially stupid? Are they?

    LOL!

    ReplyDelete
  4. Sometime it is better to be financially "stupider" to sleep better at nights than trying to be smart all the time to make ALL our money works harder.

    :-)

    ReplyDelete
  5. At times, it is wise to practice some loss aversion... I know where you get that 'story" from ;-)

    ReplyDelete
    Replies
    1. The Moral of Story ..


      Knowing how much is enough for us. We can side step that greed in us. The moment of greed and stupidity can kill us.

      Delete
  6. temperament,

    That's an interesting hedge!

    One opt in; one opt out ;)


    ReplyDelete

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