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

Saturday, 20 December 2014

Don't Smoke. Don't Drink. Don't Drive. Don't Casino. Don't Gamble 4D. Don't Call Chicken??? (2)


Read? Don't Smoke. Don't Drink. Don't Drive. Don't Casino. Don't Gamble 4D. Don't Call Chicken???


Next ...

How to reduce your expenses farther?


Living one or two level below what you can afford then you can save enough investing capital as your war chest.

Some examples on how Uncle8888 has more money to invest for his war chest by doing these.


He could afford 5-room HDB flat; but he bought a 4-room.

He could afford 4-room HDB flat in Toa Payoh but he rather live in ulu Hougang (previously known as Punggol Rd. It was later renamed to Hougang to sound not so ulu)

He could afford a car but he took bus and taxi. In fact, in his office he is one of very few oldies who don't drive. A car as convenience is not an excuse to drive and not even having three kids. Taxi service is not that bad.


Oh! For convenience and save time?


Ask why are we always in hurry to save more time. 

Why others got so much time and we are seem always short of it? 

How come like that? Something is not right? 


He could afford expensive toys for his three kids; but he rather brought his kids to playgrounds, parks and beaches.


Those are some of things he has done to reduce expenses.








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