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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Value Investing
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Thursday, 20 August 2015

Uncle8888 Thanks His Past Him!!!


Comparing to many Uncle8888's peers when at that time HDB flats were so much affordable for average incomers; recently when he chatted with more peers on retirement planning; he realized that his war chest was so much bigger among his peers even though he has been a single household income earner with three children.

 Uncle8888 now thanks the Past Him for the last 30 years effort for NOT buying a car while most of peers did and also NOT upgrading to a bigger home despite nagging from Home CEO. 

Now his CPF OA is pui pui and sibei song!

Some of his older peers are now thinking hard of down-grading to free up more retirement fund while Uncle8888 is thinking of where to travel next year?
 

 Read? How will the Future You thank you? (2)

Start thinking now and how will the Future You thank you?


Posted by Createwealth8888 at 08:20
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1 comment:

  1. Createwealth888820 August 2015 at 20:05:00 GMT+8

    Probably average income earners of our peers may have to down-grade to free up more fund for their retirement. Many more baby boomers are going do that; can future property market support it is another question for them to think about.

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