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
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Sunday, 10 April 2016

How to Make Your Money Last: The Indispensable Retirement Guide

Borrowed it from NLB as usual.

Rightsize Your Life.

You're never afraid to open your bank statement when you you're living your means.



Posted by Createwealth8888 at 12:54
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8 comments:

  1. SMK10 April 2016 at 22:12:00 GMT+8

    how is it? any key points?

    ReplyDelete
    Replies
    1. Createwealth888810 April 2016 at 22:30:00 GMT+8

      :-(

      The last and hardest plan. What happen if we lose our grip e.g dementia or a have a stroke and lose the good judgment we have 10 or 20 years ago. Worse for those without closest kins.

      Delete
    2. RayNg11 April 2016 at 09:47:00 GMT+8

      Can consider Lasting Power of Attorney (LPA).

      https://www.publicguardian.gov.sg/opg/Pages/The-LPA-The-Lasting-Power-of-Attorney.aspx

      Delete
    3. Createwealth888811 April 2016 at 09:50:00 GMT+8

      Those have more children may not have issue with LPA as they have an option to pick their favorite and trust ones at time of decision making.

      Delete
  2. SMK11 April 2016 at 09:53:00 GMT+8

    very true, uncle.
    i see 2 problems
    1. people change. how do you know the kid won't change?
    2. no kin, the most jialat, especially for bachelors.

    ReplyDelete
    Replies
    1. Createwealth888811 April 2016 at 10:00:00 GMT+8

      Not sure how many factor this "last and hardest plan" in their retirement and financial planning.

      Delete
    2. SMK11 April 2016 at 14:25:00 GMT+8

      you can count the childless and the pamperers.

      Delete
  3. Createwealth888813 April 2016 at 22:56:00 GMT+8

    We must not under-invest on relationship and kinship as dementia or stroke is real.

    Especially true for stroke which can hit even when we are younger. Tio brain stroke. We cannot think over financial matters anymore.

    ReplyDelete

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