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 22 October 2017

Did Those Personal Financial Investment Bloggers Really Tell You How They Reach Financial Independence???


Generate 10 to 15% CAGR on your investment; you are on your way to financial independence in XX years!

You believe in these "Gurus" commercial ads?

Chun bo?


Read? On "Gurus" - Becoming rich through the stock market


But; this is NOT the way how Uncle8888 reached his financial independence. Our compounding investment return is probably an accelerator to our financial independence. 

To depend just on compounding investment gains to reach financial independence is that NOT as easy as claimed by those bloggers in the investment blogosphere.

Generate 10 to 15% CAGR on your investment; you are on your way to financial independence in XX years!








5 comments:

  1. Aiyoh ... if say it like it is -- Achieve FI in your 60s!! --, how to convince people to become disciples & donate their money to their gurus??? Kekeke!!

    Most gurus achieve FI thru marketing & salesmanship :) Their biggest ROI is not their hardcore investing skills but rather their soft skills & biz savvy. ;)

    Many of the more real & truthful gurus achieved FI thanks to GFC & Ben Bernanke .... They learned the hard knocks and paid plenty of school fees before GFC .... when GFC & QE arrived, they were ready. Without GFC & QE, many such gurus will still be working hard at their day jobs! LOL!

    ReplyDelete
    Replies
    1. Shouldn't the course be renamed as crisis investing for wealth building in the stock market? :-)

      Delete
  2. Agreed that Crisis Investing (Bear Market Investing)is not for everyone.

    Value investing is everybody. Anybody can attend training course to become value investor.

    Is there any crisis investing course being conducted by "Gurus"?


    ReplyDelete
  3. Temperament,

    There's a TD Ameritrade office in Millenia Tower. You can google for contact. Maybe they can assist with transfer.

    But TD Ameritrade in US provides commission-free trading for certain ETFs e.g. Vanguard ones. Maybe for certain min account size. Don't think they have such thing in local account.

    ReplyDelete
  4. Haha while quite a few gurus achieved FI thru crisis investing ... they aren't gonna highlight it much .... maybe mention in passing.

    Talking about value / FA / TA investing is still what sells & what masses want. Haha!!

    Hero ain't gonna say he survived the war thru dumb luck ... He'll say he killed 1000 enemy soldiers ... 100 of them using bare hands and feet and teeth ... and also blew up a few 70-ton tanks along the way! Hoho!!

    ReplyDelete

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