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



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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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Friday, 8 July 2016

Consumerism is NOT the Problem. Over and Under Consume is the Issue!!!


Over consume than our earning; it is not sustainable over long run and then we will not have enough to retire.

Under consume?

"When we are in heaven, our money will still be in the bank."

"We don't seem to have enough money to spend; but, when we are gone; there's still lots of money not spent.
 
Our money can never disappear when we are gone; someone else will get their hands on our own money and happily spend it!



Posted by Createwealth8888 at 08:31
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5 comments:

  1. SMK9 July 2016 at 13:48:00 GMT+8

    I don't mind letting my children spend it as long as I did not compromise my retirement

    ReplyDelete
  2. SMK9 July 2016 at 13:48:00 GMT+8

    I don't mind letting my children spend it as long as I did not compromise my retirement

    ReplyDelete
    Replies
    1. Createwealth88889 July 2016 at 15:07:00 GMT+8

      We will have no issue with our children and beloved ones spending our money but not sure "we" are happy with strangers becoming close friends spending it.

      Delete
  3. Rolf Suey9 July 2016 at 21:32:00 GMT+8

    If your children is not financially educated, they may soon get acquainted with lots of strangers who will be eyeing their parents' money left behind!

    So leaving down education perhaps can be more important than leaving down wealth!

    Had a friend of more than 20 years who is towkay kia, he is humble and low profile often his employee looks more like a boss than him.

    Recently, he told me that although he is not aggressive in growing the dad's business due to his own personality, he was since young taught to be humble and staying low profile by his dad. This means while he is unable to grow his dad wealth, at least, he knows how to sustain and protect the wealth, more importantly passed down all the right values to his next generation! That is more impt!

    :-)

    ReplyDelete
  4. Rolf Suey10 July 2016 at 11:02:00 GMT+8

    Yes agree... 上梁不正下梁歪！
    已身做则 is very impt! More impt than education itself.

    ReplyDelete

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