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
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Saturday, 30 April 2016

Save more than 60%. No need to invest??? (4)


Read? Save more than 60%. No need to invest??? (3)


This 61 yrs old ex-colleague came to visit me.

... then talking on retirement. She said she is on target to retire next year at 62 and she is not seeking for re-employment to 65 or 67.

She said she has more than enough saving and with CPF Life she can retire comfortably in her current lifestyle.

She doesn't have any single investment. She doesn't believe in investing and will not do so in the future. Why bother with the market?

She is single. She lives simply, satisfying and leaving the rest in the hand of God! She prayed for me to get well faster!






Posted by Createwealth8888 at 09:55
Labels:

9 comments:

  1. yeh30 April 2016 at 14:12:00 GMT+8

    Uncle
    You sick recently?

    ReplyDelete
    Replies
    1. Createwealth888830 April 2016 at 16:09:00 GMT+8

      Lucky still alive and well to continue blogging. Worst case is brain stroke or best case is RIP.

      Delete
    2. yeh3 May 2016 at 06:43:00 GMT+8

      Uncle
      Take care.
      I also very sick recently.

      Feel tired and unwell most of the time.
      Got time I just sleep at home, seldom online nowadays. But still kicking.

      Delete
    3. yeh3 May 2016 at 06:44:00 GMT+8

      Uncle
      Take care.
      I also very sick recently.

      Feel tired and unwell most of the time.
      Got time I just sleep at home, seldom online nowadays. But still kicking.

      Delete
    4. Createwealth88883 May 2016 at 07:11:00 GMT+8

      Take good care of yourself.

      Delete
  2. Twenty two°C30 April 2016 at 19:47:00 GMT+8

    Hi Uncle8888, do get well soon!

    ReplyDelete
  3. Sillyinvestor1 May 2016 at 18:08:00 GMT+8

    Get well soon!

    I free thinker. But best wishes !!

    Ya, brain dead is no different from dead.

    I think investing might form smaller and smaller a role in my retirement too...

    ReplyDelete
    Replies
    1. yeh3 May 2016 at 06:46:00 GMT+8

      Hi mike
      Yes. I save and save just to make sure I have enough to go China for kidney transplant.
      But then I realise not everyone is eligible for the transplant. Especially I am so weak now.

      I think now got money also no use to me.

      Delete

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