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



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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

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Tuesday 19 September 2017

2016 : Key Fact of Household Income In Singapore


How many households married with kid(s)/kid(s) and dependent parents can accumulate from their saving to build investment portfolio of $500K to $1M to generate passive (investment) income of $3K to $5K per month?

 How long will it take for them to retire on investment portfolio?

 Do you think those investment bloggers in Singapore showing you large investment income fall on the left or right side of  Median household income statistics?

 With that answer; what young investors should do to be on the right path on their investing journey?




























Posted by Createwealth8888 at 07:34
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3 comments:

  1. Createwealth888819 September 2017 at 07:43:00 GMT+8

    From the graph; we all know our own position in household income population in Singapore. That is the reality.

    ReplyDelete
    Replies
    1. Singapore Man of Leisure19 September 2017 at 12:34:00 GMT+8

      CW,

      I guess you and me are the ones who like to call out, "The Emperor got wear clothes meh?"

      LOL!


      I've never heard of anyone "saving" their way to financial freedom...

      To save from embarrassment those bei kambings who may counter, "But so and so saved $10K per month leh..."

      Yes, for that person to save $10K per month, he/she has to first EARN how much?

      Duh!


      Delete
    2. Createwealth888819 September 2017 at 19:48:00 GMT+8

      :-)

      We are NOT welcome at many seminars

      Delete

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