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

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.


Posted by Createwealth8888 at 12:44
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4 comments:

  1. Createwealth888816 July 2017 at 12:56:00 GMT+8

    Performance. Ownself checks ownshelf?

    ReplyDelete
  2. Spur16 July 2017 at 13:47:00 GMT+8

    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
  3. Spur16 July 2017 at 13:56:00 GMT+8

    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. Createwealth888816 July 2017 at 16:07:00 GMT+8

      That shows the Power of Compounding Interests in CPF Accounts!

      Delete

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