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

Friday 3 June 2016

The Price Of Two Years Early Retirement or The Redemption Cost For Two Years Of Time Freedom!!!


As fixed salary employee, Uncle8888 can more or less estimate the price of two years early retirement or the redemption cost for two years of time freedom.


8 comments:

  1. Wow 15% from just two years! That means you are earning quite a huge amount. Thats good! For me I think I will work until I cannot work. hahaha. The amount that I am aiming before retirement is really crazy. Dont think I will ever hit that

    ReplyDelete
    Replies
    1. The young ones who haven't know the real impact of INFLATION on wages and growing your earned income from low base from your parent generation. My starting pay in Aug 1977 was $3XX. Recruit pay was $90. Private was $110 and Corporal pay was $210

      This chart will teach you!

      After 39 years of inflation, your earned income will become SO BIG and INFLATED! :-( :-( :-(

      Delete
    2. There is lesson to be learnt with James' comment: Wow 15% from just two years! That means you are earning quite a huge amount. Thats good!

      In the cyber world, do not get too excited with big number posted by bloggers or cyber warriors. Learn from SMOL's Trust but Verify. Ask for the reason behind these big number and how the big number came about.

      Delete
  2. Uncle
    U got noble ? Very scaring stock leh

    ReplyDelete
    Replies
    1. so u wan accept right issue??

      Delete
    2. of course, such steep discount. must take up all right issues otherwise get diluted

      Delete

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