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, 15 January 2015

The Most Important Number


 Read? The Most Important Number


Uncle8888's Wealth Formula
Wealth = Asset Value (aka Net Worth) + Cash Flow
Once we have accumulated our desired net worth, then we should switch gear to refocus on cash flow to maintain sustainable retirement income for life and to avoid having to force sell assets at wrong market timing.


 You can see that Uncle8888's Net Worth is very volatile so it is very important for him to refocus on sustainable cash flow and avoid selling at the wrong market timing.



Posted by Createwealth8888 at 08:18
Labels:

5 comments:

  1. SS15 January 2015 at 09:30:00 GMT+8

    Hello CW,

    Wow, you measure your net worth in S$M... I am not even in that league. Hahaha...

    ReplyDelete
    Replies
    1. Createwealth888815 January 2015 at 09:50:00 GMT+8

      You and together with other financial and investment bloggers will be there in X or XX years.

      Just matter of time!

      LOL!

      Delete
  2. Jimmy L15 January 2015 at 13:09:00 GMT+8

    consider your humble beginning, you now have a S$M portfolio
    that's very cool and amazing!

    ReplyDelete
  3. RayNg15 January 2015 at 14:44:00 GMT+8

    Cw, your definition 9f net asdet value is excluding property that you are stating. Tio bo?

    ReplyDelete
    Replies
    1. Createwealth888815 January 2015 at 15:12:00 GMT+8

      I exclude asset value of my residential home for computation of net worth; but it will be the asset of last resort when all financial goals and planning failed so badly.

      Not into investment property yet.




      Delete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails