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, 14 January 2018

Building Net Worth For Retirement : Lifetime Of Earned Income As Employee, Investment Journey Of Winning And Losing And Then Into Retirement Distribution Phase


For those who can appreciate Waterfall chart!

 This one chart tells the complete story of Uncle8888 on how he has built his net worth from lifetime of earned income after tax for 39 years as employee from Aug 1977 to Sep 2016; and 18 years of investing journey from Jan 2000 till now through several market cycles of Boom and Doom suffering large losses as well.

 It is a investing journey of pains, doubts, and learning!

 When we lost too much in the Bear market; and we will be spending the next Bull trying to recover from large loss just to break even. Is this called investing? LOL!

 Why timing the market and time in the market are very important?

 When you spend too much time in the market with your stock holding BUT too little cash on hand in the Bear market; you are going to cry sooner!

 Dividends are just Panadols to ease your heartache and headache!




Posted by Createwealth8888 at 10:34
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4 comments:

  1. Singapore Man of Leisure14 January 2018 at 10:42:00 GMT+8

    CW,

    Few tell the "truth" like you do ;)


    Some others also share this "truth" obliquely through their yearly capital injections into their portfolios - and that's the biggest source of their compounding growth!

    The rest is if you don't ask, I don't say ;)



    ReplyDelete
    Replies
    1. Createwealth888814 January 2018 at 18:37:00 GMT+8

      The fastest known way to break even is to regularly inject capital into investment portfolio.

      Delete
    2. Rainbow19 January 2018 at 18:41:00 GMT+8

      That's why must measure ROI! Portfolio figure does not tell the full story.

      Delete
  2. Spur14 January 2018 at 13:27:00 GMT+8

    Alamak ... don't remind me .... I spent 2009 till 2012 getting back to breakeven ... I'd still call it investing. Although it felt more like slog-vesting LOL!!

    Talking about time & markets ... I discovered since 2010 that there is an optimal amount of time for me (my mind) to spend in the markets i.e. analyzing & studying etc. Too much overthinking & I tend to underperform. Just go with the flow & focus on the big stuff & I do ok. So it's been a case of think less ... make more... LOL!!

    ReplyDelete

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