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

Monday, 14 March 2016

Beware of Self-enhancing transmission bias Among Us - The Investment and Finance Bloggers!


Read? It happened again – Self-enhancing transmission bias


Know the difference between accumulating $1M Investment Portfolio to generate passive income and building up $1M Investment Portfolio with XX% CAGR.

Knowing this CAGR number and the size of investment portfolio will tell us the true story in the world of investment i.e. Return on Human Asset vs. Financial Assets - The Absolute and Real Contributor of our wealth.

Don't get it wrong right at the initial phase of our working life.

The return on our human asset is still the solid foundation to the return on our investment portfolio. For the younger ones, don't ever get it wrong!

BTW, Uncle8888's two working children haven't started their stock picking yet. The reason is quite clear. No hurry. Build up their human asset and save well.

It is not an early start that will win the race. It is starting right with the reasonable amount of resources at the right time that will help them to win the race.

Human Asset vs. Financial Assets - No Illusion on Return!






Posted by Createwealth8888 at 08:11
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8 comments:

  1. Singapore Man of Leisure14 March 2016 at 10:00:00 GMT+8

    CW,

    LOL!

    I guess the 2 counterbalancing dots in the Tao symbol have just gotten a little bit bigger ;)

    Instead of just parroting the "party line", its nice to see more are beginning to question and think for themselves, "Are you sure?" or "Wu yah bo? (有影吗?)

    :)

    ReplyDelete
    Replies
    1. Createwealth888815 March 2016 at 08:00:00 GMT+8

      We need to grow the other Dot bigger to counter the ever growing Dot. When younger ones are not working hard to grow the economy; we older folks are going to be in trouble.

      Delete
  2. Createwealth888815 March 2016 at 07:57:00 GMT+8

    Configuration tracking error with Microsoft Money?

    8% for 28 years that will put you on par with the World's well-known Gurus performance like . How come you not rich? The missing part is the size of portfolio? :-)

    Knowing this CAGR number and the size of investment portfolio will tell us the true story in the world of investment

    ReplyDelete
  3. Sillyinvestor15 March 2016 at 08:58:00 GMT+8

    Lol uncles,

    I got a different answer. Maybe you are already rich by relative standard. To me, 1 million earning passive income is rich.

    To some, passive income = last drawn pay is rich. So ?? 1million earning 6% is 60K which is 5 K per month. Beri power if u ask me, but ask bloggers, they will say not enough ... Blar blar blar

    But keying in some ?? Is possible too.

    ReplyDelete
  4. Jes15 March 2016 at 09:58:00 GMT+8

    Hi Uncle CW8888,

    Just curious, so when would you impart some valuable investment skills to your children?

    ReplyDelete
    Replies
    1. Createwealth888815 March 2016 at 10:46:00 GMT+8

      They need to accumulate at least $30K of spare money and wait for STI to indicate time to tip top into the market. :-)

      No hurry. Investing is lifetime skill

      Delete
  5. Twenty two°C15 March 2016 at 22:45:00 GMT+8

    How to measure CAGR if investment capital is increasing together with increasing dividends and increase/decrease in share prices?

    ReplyDelete

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