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.

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Value Investing
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Wednesday, 9 August 2017

What Chained Baby Elephants Can Teach Us About Poverty Slavery, Wealth And Financial Independence???


Sometime in the investment blogosphere; it can give us some insight into lesson on what chained baby elephants can teach us about childhood poverty into full grown adult on wealth and financial independence at our 40s, 50s and 60s.



The difference between personal poverty slavery and financial independence and feeling of financial and retirement adequacy is simply vision in our mind. For some of us, this poverty chain can hold firmly in our minds for the rest of our life even we have far out grown this childhood poverty chain like the chained baby elephant and simply refuse to let it free.

In Uncle8888's generation; many of us are from poor family living in one or 2 room rental flat and purchasing TV set on 24 months installment. At that time owning TV set with cash payment was a luxury item which the real poor couldn't afford it.



1 comment:

  1. CW,

    Awareness of our self-limitations is taking the first steps towards liberation ;)

    The Elephant And The Rope Round His Neck 


    Wow. Its been 5 years already ;)


    If we read your post in addition to the latest posts by LP and mine, we get a triology that shares the same theme - success if what we have to GIVE UP to achieve it.


    ReplyDelete

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