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



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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

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Thursday, 4 December 2014

Why invest to try to make more money when there is little wants in our life???




"We don't live to eat and make money. We eat and make money to be able to enjoy life. That is what life means, and that is what life is for." - Ol' Mallory


Posted by Createwealth8888 at 10:13
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3 comments:

  1. Singapore Man of Leisure4 December 2014 at 11:55:00 GMT+8

    CW,

    Hey! You are in a philosophical mood today ;)

    Your question is ow we know whether we invest to "escape"; or invest to "achieve".

    :)

    ReplyDelete
    Replies
    1. Createwealth88884 December 2014 at 21:26:00 GMT+8

      You have any checklist to know?

      Delete
    2. Singapore Man of Leisure4 December 2014 at 23:02:00 GMT+8

      CW,

      No checklist; just motivation.

      If we want money so we can "escape" a lifestyle, fill a hole in our hearts, etc...That's escape.

      If we have little wants in our lives and we have enough, then investing is not for more money but to achieve ;)

      It''s a bit like asking Warren Buffet and Li Ka Shing with their billions - why are they still doing what they do?

      Money is just a way of keeping score for them.

      Delete

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