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

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Saturday, 23 July 2016

$1.2M Cash At 63 Still Not Sure Enough To Retire???


The Real Person with conversation with real person on his retirement adequacy.

He is 63. Currently, he is re-employed by his company on yearly basis and he is still thinking of retiring sooner; but he doesn't trust Mr. Stock Market to invest for income as retirement cash flow. So how?

He is thinking hard and harder!

He bought landed property in the early days and down graded two years ago to fully paid condo. He made net profit of $1.2M cash to prepare for his retirement.

We often read that investing for income is not difficult; but on case by case basis; the real person with lots of money and the FEAR of losing large sum of money is also real has made investing so much harder. Right?







Posted by Createwealth8888 at 10:04
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1 comment:

  1. Rolf Suey24 July 2016 at 23:48:00 GMT+8

    maybe your friend never read financial blogs!

    All he need to do is to send some email to some guru in the blogosphere and he can easily get 6 figure passive income by shaking leg!

    So tell ur frd like the Visa paywave uncle says "so simple!"

    Hahahaa....

    ReplyDelete

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