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

Tuesday 15 August 2017

Advice to 19 years old young investor

Hi UncleCW! 

Has been reading your blog for awhile, your blog posts really educate me on my financial journey. I've recently embarked on the financial journey earlier this year. 

Just a brief introduction about myself.
I'm 19 year old and currently studying as a 3rd year student in a local polytechnic. Always interested in embarking on the journey towards achieving financial freedom. 

......

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Would appreciate if you would be able to share on your views and possible advice for myself as a young individual embarking onto this journey! 

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What do you think is Uncle8888's prime suggestion?










Always remember your career is your foundation of your investment capital. Earn more. Save more. In investing, account size really matters. LOL! 





















4 comments:

  1. Erh... study hard... just anyhow tikam... ;)

    ReplyDelete
  2. "career is your foundation of your investment capital"

    Very true.

    Ability to secure high-paying jobs will allow you to quickly build buffers & big war chest. Imagine after 5-8 yrs of working and having war chest of $200K or $300K to deploy in strong dividend-paying companies when markets go down -30% or -50%.

    After that will become like mini-Uncle8888 liao. And still in your mid-30s!! Hohoho!!!

    ReplyDelete
  3. More comments are welcome as he is the silent reader here. :-)

    ReplyDelete
  4. Don't listen to old fogeys, listen to your heart.

    Experience. Feel. Touch. Taste. Smell. Breathe.

    Sing. Dance. And wear that nice shirt ;)




    ReplyDelete

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