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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Sunday, 13 September 2015

You Can't Change Your Teacher; But You Can Change Your Class!!!



True Story ....
When Uncle8888's youngest son was in his primary school and his class was very unhappy with the teaching method of their new Chinese Language teacher.

 One day, his youngest son took his courage to ask his Form Teacher ...

Son: "Teacher, can we change our Chinese Language teacher?"

Form Teacher: "No, you can't change your teacher; but you can change your class!"


Same same here!

Now, you can't change the PAP government; but you can change your citizenship!

How about New Zealand or Australia?


Another true story ...

Uncle8888's late father has been anti PAP and pro Opposition till his last election.

Uncle8888 could understand why his father was like that. His father has been a working poor until his eldest son (Uncle8888) took over the family support and enabled him to retire due to poor health condition.

Why do we want to blame ourselves?

Blaming the government will make us feel much better. Let do it!

 



 
Posted by Createwealth8888 at 11:51
Labels:

8 comments:

  1. mini G13 September 2015 at 16:28:00 GMT+8

    Hi Uncle CW8888,

    I think those are very wise words. A problem can be tackled with more than 1 solution :)

    ReplyDelete
  2. yeh13 September 2015 at 19:42:00 GMT+8

    uncle
    my government said that to us. you don't like government, then balik kampung( china) .

    ReplyDelete
  3. Rolf Suey13 September 2015 at 23:29:00 GMT+8

    Hi CW,

    Agree! Only thing cannot change is father or mother or children.. even wife also can change!!!

    My father just like urs were so anti govt until the day he died. Also like u, I can understand why bcos of his background n wat he go thru in work n life.

    The most distinct characteristic I seen from some Singaporeans is the ease of complaining over a prolong period. But when it comes to the real thing on stage, they chicken out!

    I dare to say, having work with Ang moh for many yrs, I learn to be little more expressive. action more over complain..



    ReplyDelete
    Replies
    1. Createwealth888814 September 2015 at 07:34:00 GMT+8

      Funny. Right?


      Our fathers have been blaming and protesting against PAP; particularly LKY's PAP Govt, for not helping them to progress; but their children under the same PAP have progressed well.

      To be honest; who should be blamed? Of course; it always feel much better to blame the Govt of the day. It could be WP or XYZ Govt in the future!

      Delete
  4. Rolf Suey14 September 2015 at 08:53:00 GMT+8

    maybe educations n exposures n peer influences shaped mindsets. our fathers have limited of the former qualities n hence cannot see that far beyond only themselves...

    somehow being against the main stream makes u more popular also esp for blue collar workers.

    Guess our country go for v long term just like investments .. plan 30 yrs ahead.. n somehow not easy to see or understand for most of us who r not in jnvestments.

    The danger however our govt faced just like 2011 is over focus in tangible success that they forgotten the intangible completely... n decouple from pple..

    ReplyDelete
  5. Siew Mun14 September 2015 at 18:43:00 GMT+8

    Spend half of the revenue returns and the remaining half goes back to the reserves resonates with me. I will institute to build my family reserves. What do you think? At what level of reserves do you start spending half of the revenue returns?

    ReplyDelete
    Replies
    1. Createwealth888814 September 2015 at 21:01:00 GMT+8

      If passive income is twice the expenses; it works very well!

      Delete
  6. Createwealth888814 September 2015 at 21:30:00 GMT+8

    Nowadays; even HR also says that you are responsible for your own career development and not your boss or HR. LOL!

    ReplyDelete

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