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

Sunday 26 April 2015

Wah! Your CPF Solid!!!

This colleague said Uncle8888's CPF sibei solid. He still have a few more years to go with his housing loan.

He have upgraded; but Uncle8888 is still living in his 28 years old 4-room HDB flat.

In life, we will have to live with some trade off since most of us have limited capability and ability. We will live under those decisions which we have made in the past for a long time. If Uncle8888 hasn't fought off his wife over the years not to upgrade, today his CPF will be jialiat too!

A bigger house is a bigger asset; but we have to make a U-Turn to monetize the net value. There is no free lunch!

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