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

Thursday 22 September 2016

Createwealth8888 - The Pokemon???

Read? Count Down To Round The Coast Of Singapore Walking Trail Starting in Oct 2016!

Starting in the month of Oct 2016 and appearing from mid noon till late evening/early night for 2 to 4 times during weekdays. First Pokestop and travel anti-clockwise. Maximum duration per Pokestop is 30 mins.

Set up your Pokestop and Lure to catch this Pokémon if you wish to throw a Raspberry (kopi-o kosong) to catch this Pokémon of low CP 16.

Bring a few pieces of paper and a pen to understand his Wealth Formula!

Wealth = Asset Value + Cash Flow

How about his view on this FB's comment he has read this morning?

"Then it is wiser to use cash to pay for mortgage payment and leave CPF-OA money compounding @2.5%."


Once you understand CW8888's Wealth Formula; it may help you to make a wiser decision.


  1. Hi Uncle CW,

    Keep walking around to catch Pokemon and you will turn from Snorlax into Machamp... hehehe!

  2. Why he said this "Then it is wiser to use cash to pay for mortgage payment and leave CPF-OA money compounding @2.5%."

    Because of this...
    Reason #2: Too busy working for money instead of making money work for them

    Another issue I see is Singaporeans work for the sake of working. In fact, Singaporeans work the longest hours in the world. That is to say they devote a huge amount of time working for money.

    But the irony is that they do not necessary have a lot of money. Much of their money could have been lost due to investment losses, scams and inflation. Take for example if inflation is 2% per annum, over a 30 years period they would have lost 1 - (\frac{1}{1+2\% }) ^ {30} = 45% of their capital!

    Can you imagine 45% of your working hours is working for free? Yes that’s right. If you would to leave the money idling, the inflation monster would eat up your wealth by a whopping 45% when you finally want to retire!

    1. Source ... https://www.ifa.sg/3-reasons-singaporeans-cannot-retire/

    2. No different from barber saying that guys need to keep their hair neat and shorter to look smart. Cash and CPF OA are two different animal depending on one's age and stage of life and don't be a yield pig.


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