As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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

Sunday, 16 July 2017

One Unique Test That Easily Lets You Know How Good You Are At Building Wealth


Read? One Unique Test That Easily Lets You Know How Good You Are At Building Wealth

Interesting!

Read? Speaking And Sharing With Track Records!!!


Let see how Uncle8888 has performed in illustrated diagrams.




10 comments:

  1. Ya lor, ownself check ownself one when comes to family's matter.

    When comes to your own money matter lagi onwself check ownself.

    No one is more interested in your money than yourself.

    If not you won't be blogging or comment here.

    ReplyDelete
  2. Uncle8888,
    Being able to save sufficient savings to last throughout retirement is very good liao!

    That article talking about having liquid savings/investments being more than whatever you've earned so far in life. Somemore exclude value of home & any business assets.

    Very tough lah. Basically your savings & investments must earn more than your entire salary.

    Even many multi-billionaire star investors got their billions through huge salaries, huge bonuses and stock options paydays.

    Warren Buffett is a rare example. He keeps paying himself only $100K a year salary, and refuses to accept stock options. The 350,000 Berkshire Class A shares he owns is through buying on the open market at publicly traded prices. And that accounts for his >$80B liquid wealth.

    ReplyDelete
    Replies
    1. Agree must ensure we run out of life before running of our money.

      Which means we must continue to "ownself check ownself" lol.

      Delete
  3. Well done Uncle8888!! Kekeke!!!

    Your total net worth is >80% of your entire earned salary.

    It's like you only spent less than 20% of all your salary throughout your lifetime so far, somemore buying a flat, supporting a family, 3 kids thru Uni, etc. **Hormat!!**

    ReplyDelete
    Replies
    1. That shows the Power of Compounding Interests in CPF Accounts!

      Delete
    2. Oh!

      The G take notice liu!

      Going to take more back one way or another.

      Ha! Ha!

      Delete
    3. That's why you can use CPF earned interest P/A as perpetual "CPF LIFE" lol.

      Delete
    4. Like now certain HDB carparks display a sign that say, "Peak hours parking is at a higher rate".

      Since when new way of taking back more from you lol!

      Delete
    5. Of course, one of the Peak Hours is LUNCH Time lol.

      Delete

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