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.

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Saturday 2 December 2017

Until You Are Business Owner It Doesn't Matter Who You Are?


This story taught something about business owner and employee!




4 comments:

  1. CW,

    My take away from reading the article:

    1. No one can tell a business owner when to "retire" ;)

    2. When we can do whatever we love to do, why retire? What's age got to do with anything?

    3. Master to cat, "I want you to move here...Come boy." Cat just meowed, "Nope, I like it here, you go without me."

    4. That's why so many seek financial freedom in our community - can say "You go without me" :)




    ReplyDelete
  2. Employees are just corporate assets as part of cost cutting tools for right sizing or right costing. Can last till 79 drawing salary is damn rare!

    ReplyDelete
  3. Uncle..I genuinely don't get what you wanna share...what is the lesson of this story? Care to explain in a bit more words on your point of view?
    You also mentioned (in the title) that it doesn't matter who you are. Doesn't matter to who? Yourself? Family? Friends? Or...?

    ReplyDelete
    Replies
    1. He is a rare talent in Singapore; but I think he didn't make it when RSP was bought over by Rowsley and went through restructuring and finally pushed to the edge; he then realized at 79 to be fully in control of own destiny when we love our job so much, one has to be business owner.

      Same as my ex GCTO who loves his job so much; works so late and doesn't want to retire; but at 67 no choice still has to retire!

      Business owner can love their job forever; but not employees no matter who they are. Rare talent or paid CEO. Company one day may not love them!

      Delete

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