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

Friday, 4 September 2015

100% in your investment for passive income - stocks or properties???


Not for Uncle8888; he is super kiasi and kiasu he follows Singapore's National Water Taps solutions!

 His Three Taps solutions for his Sustainable Retirement Income for life. He can sleep without nightmares over market cycles. He doesn't depend on his investment income for survival for long, long time till his 80!

 Dementia. How?

 Hope his children will learn from him as he has set good example of taking care of his mother-in-law during her dementia life.
Posted by Createwealth8888 at 08:02
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2 comments:

  1. Siew Mun4 September 2015 at 08:20:00 GMT+8

    Remember to sign up LPA. Make sure you train your LPA donee to act according to the 3 tape documented processes. Currently all my CDP, trading accounts and bank accounts are joint named.

    ReplyDelete
    Replies
    1. Createwealth88884 September 2015 at 08:24:00 GMT+8

      Ya. Diversified this one too. Will, LPA, joint CDP account and joint bank account with wife and three children.

      Delete

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