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

Saturday 21 May 2016

Save more than 60%. No need to invest??? (5)

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

Friday, 14 November 2014

Today, at lunch. Uncle8888's female colleague in her early 30s asked this question:
Can save more than 60%. No need to invest. Right?

CW8888: That lunch with her and triggered the above blog post.

Last Thursday, Uncle8888 was having lunch with her again. She was glad that that Uncle8888 could retire voluntary. This is something that she doesn't see it happening for herself. She will have to keep working till her retirement by the company i.e. no voluntary retirement on her own as she still don't have faith in investing. It is just too risky!



  1. That is the reason, most female avoid investing and those female who invests turn out to be better investors than men?

  2. Not always. Some females like to anyhow spend money. Some females invest already don't know how to cut loss. Some females....

  3. Just to clarify... save >60% base on current income

    Her saving including CPF OA & SA?
    No debt (flat fully paid, etc...)

    Does she save >60% over the past?

    Let's say she earn $2K 20 years ago and now earn $5K; saving is $1.2K and $3K respectively.

    However, her living expense is $2K now ($5K * 40%).

    So, her saving is not 1.5 years of expense (http://createwealth8888.blogspot.sg/2014/11/save-more-than-60-no-need-to-invest.html)

    She could consider using CPFLife annuity concept for perpetual income. She could top up cash to increase her monthly payout, i.e. $2K.

    1. She can save more than 60% of her net take home pay and put in FDs.


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