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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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, 24 January 2016

Not Bear Yet But Already Feel That Assets Value Impact!


STI @ 2,577

Wealth = Assets Value + Cash Flow!


Assets Value has been badly impacted; but Cash Flow still look quite okay. Still have enough for survival!


 







































2 comments:

  1. CW, your Tap 1 able to cover 89% of your projected expenses... technically you should be shield off from any market volatility. Your tap 1 starts in age 65?

    Market up, net asset and cash increase --> bonus
    market down, deploy your 21.4% war chest to increase networth and cash flow --> bonus

    So, win win liao.

    enjoy your trip to Taiwan. :)

    ReplyDelete
  2. This year, 2016 will be covered by earned income but from 2017 onward will be funded by Tap 1 and Tap 3.

    Tap 1: Bulk of it coming from assets drawn strategy from CPF OA and FDs

    Tap 2: CPF RA, SA, MA, Medishield Life, and $XXK in emergency cash accounts. This self-funding method will motivate me to focus more on personal well-being.

    Tap 3: Cash flow (Dividends & net short-term trading P/L) from Investment Portfolio

    ReplyDelete

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