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, 27 October 2016

The Difference Between Smart Financial Advice and Smart Financial Advice For You


Read? The Difference Between Smart Financial Advice and Smart Financial Advice For You


 Uncle8888 fully agreed on the difference!

 Be very careful what you are reading on issues or topics relating to our personal finance and investment.
Read? Why you may not be sufficiently prepared for retirement (2)


 Same like smart financial advice on SRS, SA Top up, and Transfer CPF OA to SA advocated by mainstream's loud voices. All these are definitely smart financial advice on tax saving and compounding and ready for FUTURE retirement benefits.
Really smart financial advice for YOU based on your own financial capability and level?

 Lacking of empathy in some blog posts is quite clear?

 Small Thin Wallet cannot fit into Fat Big Purse's shoe.

 Married late with two or more young children can NEVER fit into Single-hood's shoe.
Our worries will largely depend on the number of dependents we have as we married and have children. We want to provide them a better life. Right?




Posted by Createwealth8888 at 23:37
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4 comments:

  1. Createwealth888827 October 2016 at 23:46:00 GMT+8

    Quote : "For those close to retirement, working as long as possible in order to earn more, save more, and reduce the number of years you are drawing on your portfolio is smart advice. But, if you have enough and you’d rather spend your most valuable resource (your time) elsewhere, retiring now might be smart financial advice for you."

    ReplyDelete
  2. Createwealth888828 October 2016 at 10:10:00 GMT+8

    Three persons walking together is a crowd.

    ReplyDelete
  3. Unknown28 October 2016 at 13:56:00 GMT+8

    Uncle,

    I agree with the quote above.

    Are we over worrying things for the dependent? Shouldn't they worry about it themselves and we just worry about ourselves?

    ReplyDelete
    Replies
    1. Createwealth888828 October 2016 at 20:04:00 GMT+8

      Hmm .. working spouse and working adult children are not dependent. Dependents need financial support from us. How does young dependents e.g. primary school know how to support themselves?

      Delete

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