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

Friday 23 September 2016

When WILL Someone Become So SERIOUSLY Interested In His or Her Own Personal Finance??? (2)


Read? When WILL Someone Become So SERIOUSLY Interested In His or Her Own Personal Finance???


Just after reading one book: Rich Dad. Poor Dad and a Mind Flip.

After 16 years, Uncle8888 has acquired the full courage and confidence to divert his journey as salaried employee earning nice and comfortable income and unlike many of his seniors taking the common path to the forced end-point at the will of their employer.


Looking back after 16 years, it is Amazing!

Many have read this book; but how many have their mind flip and they became so determined to get out of rat race and will learn whatever to take them there.

Read? Investing Lessons From Conversation With Uncle8888 (1)




2 comments:

  1. I became seriously interested in personal finance after seeing my idealistic university course mates/millennial colleagues who come from rich families use their parents' hard-earned money to rectify poor decision-making in their lives (e.g. fail a university module? Nevermind, can retake module since father/mother rich. Graduate already but grades not good enough to secure a job? Work for free/volunteer lor, since got income support from parents).

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  2. Yup. Children of rich parents could afford second (or maybe even more) chances in life. I adapted by improving my career competency, saving more, building a larger emergency fund, and investing. As my field is small and there is an increasing supply of graduates, rich kids would do not need the money, but want the job experience could pull off such a feat by working for free. For my less well-off course mates, it might be harder adapting.....oh well, that's life.

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