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 30 September 2018

StarHub to cut headcount in corporate revamp

STARHUB is about to make changes in its organisational structure that could result in lay-offs among its 2,500 employees in a bid to stay "agile and lean" ahead of new challenges, disruptions and threats.

CW8888: Over his last 38 years working as employee; what he saw with his own eyes of his senior colleagues broke down and cried was scary and lasting!

Read? Don't Laugh At Ants When They Looked Far Ahead Of Their Time

I Didn't Focus Too Much On How To Build More Passive And More Defensive Investment Portfolio To Support Retirement Income For Life (2)

Read? I Didn't Focus Too Much On How To Build More Passive And More Defensive Investment Portfolio To Support Retirement Income For Life

Two years have passed without full-time earned income as employee; it is about time to check on financial health status going forward.

The moral of the story ...

Read the Past and forecast the Future with more certainty.

Excluding any future cash flow from current financial assets; the wealth balance sheet as at Dec 2038 based on current assets value; there is no immediate concern or worry that the long-term wealth balance sheet is unhealthy and not sustainable.

Saturday 29 September 2018

You Think You Can Fly Above The Water You Are Safe?

The moral of story is the same.

Beware of Giant predators in the Market!

My Not Well Diversified Investment Portfolio As Panda/Koala Retail Investor In Singapore

Uncle8888's investment portfolio is just cash and stocks in local SGX!

Cham liao!

Friday 28 September 2018

A Beautiful Message

A Beautiful Message  by Arthur Ashe. 

Arthur Ashe, the legendary Wimbledon Tennis Player who was dying of AIDS, which he got due to Infected Blood he received during a Heart Surgery in 1983!

He received letters from his fans, one of which conveyed: 

"Why did God have to select you for such a bad disease?" 

To this Arthur Ashe replied: 

50 Million children started playing Tennis, 

5 Million learnt to play Tennis, 

500 000 learnt Professional Tennis, 

50 Thousand came to Circuit, 

5 Thousand reached Grand Slam, 

50 reached Wimbledon, 

4 reached the Semifinals, 

2 reached the Finals and 

when I was holding the cup in my hand, I never asked God 

"Why Me?" 

So now that I'm in pain how can I ask God 

"Why Me?" 

Happiness keeps you Sweet! 

Trials keep you Strong! 

Sorrows keep you Human! 

Failure keeps you Humble! 

Success keeps you Glowing! 

But only, Faith keeps you Going!

Sometimes you are not satisfied with your life, while many people in this world are dreaming of living your life.

A child on a farm sees a plane fly overhead dreams of flying. but, a pilot on the plane sees the farmhouse & dreams of returning home.

That's life!

Enjoy yours... If wealth is the secret to happiness, then the rich should be dancing on the streets.

But only poor kids do that. 

If power ensures security, then VIPs should walk unguarded. 

But those who live simply, sleep soundly. 

If beauty and fame bring ideal relationships, then celebrities should have the best marriages.

Live simply, be happy! Walk humbly and love genuinely!  WHY ME?

Two Years After Retiring From Full Time Monthly Salary As Employee (2)

Read? Two Years After Retiring From Full Time Monthly Salary As Employee

Two years has passed. Uncle8888 didn't retire from his full-time job as employee to become Spider-man doing Great!

In the morning; he gets out of his bed based on level of laziness and the level of sunlight shining through the window which has no curtain! Less washing for Auntie8888. :-)

In the day, he spent most of his time as Butterfly viewing different landscapes, green, flora and mini garden across the land of Singapore. 

In the evening; he changed to Moth who is attracted by lights and most of the time returning home even later than 2 years ago.

In MRT stations; he watched out for elders who seen to be lost and asked them if they need help.

In bus and trains; he watched out for strange behavior by commuters during off-peak period travel. Funny sights!

He at first thought as retiree he will be alone; but the fact is retirees will often gather at various retiree spots and soon we are talking to each other and drinking "free" coffee, tea and reading newspapers.

Whatapps chat group is good. He has joined one chat group which has 14 ex-retirees from his ex-company.

Wednesday 26 September 2018

Debate (Quarrel) Over BTIR

The best knowledge is always from our own personal experience after we went through it personally and digest them!

1) ILP

2) Endowment

3) Term

4) DIY Investing

Uncle8888 went through all the above!

Read Articles relating to insurance

Honestly; we are sold based on our needs and our level of investing experience and knowledge at THAT TIME by agents whom we know them quite well and likely to trust them too.

No need to bang your head if you have bought! That time was the right decision! But; now on hindsight that was wrong decision!

Sunday 23 September 2018

Warriors, Monks And Farmers In Large Corporation

Read? The Monk, The Warrior And The Farmers

There will be few warriors surviving long enough to tell their motivational stories how to become a warrior. I can. You can! Uncle, chun bo?

There are more monks than warriors hiding quietly at every corners of the large corporation smiling, cruising and waiting for time up to FIRE or officially retired with more savings.

The rest of them in large corporation are just farmers and many of them are hoping for re-employment at 62 and work till 67.

You are not warrior? Don't bang your head against the wall as warriors by nature is fewer in number. But, you can still choose to become monk as there is no limit in number by nature. 

How about staying on as farmer?

Most farmers will retire unappreciated and you don't mind that. Can lah!

Your life! You decide!


Same same as warrior, monk and farmer.

Read? Horse, Cow, and Pig (Re-posted)

Teochew Braised Duck or Lor Ark (潮州卤鸭)


Any other place cheaper than $16?

Two Years After Retiring From Full Time Monthly Salary As Employee

No monthly salary doesn't mean less spending!

Less spending on children doesn't mean more saving!


Saturday 22 September 2018

Excuse me, uncle, are you for rent?

Of course, Uncle8888 is for rent!

Just hourly. Doesn't matter the number of  headcount.

Dirt cheap on average headcount!


Thursday 20 September 2018

How To Charge More? Cai moi is not same as cai fun???

Eating porridge at unfamiliar cai fun stalls can kena chop!

For cai moi; they can generate more revenue by using different mode of serving!





CPF SA Door Is Always Wide Open For Me. I Went In Once But Then Close It After That One And Only Entry!

When looking for food at NEW place; and especially when he is less likely to visit that place again in the near future; Uncle8888 will prefer to join the food queue. The food queue is rarely wrong! 

Eat liao and happily moves on! 

But when it comes to personal investing and saving; strange thing happens. He is happy with 2.5% compound interests; but at 4% compound interests; he is not so happy! 


Again he is odd investment blogger in Singapore singing out of tune on retirement song!

Read? The Odd Investment Blogger In Singapore???

Read? One Uncommon Way To Top Up CPF OA Through CPFIS

Read? 1M65 CPF OA Possible Or Not???

Wednesday 19 September 2018

Last Bull-Bear vs Next Bull-Bear

Lesson learnt in last bull-bear; but still unable to apply this lesson to verify the revised investing strategies. Wait how long more?

10 years is a long time!

Tuesday 18 September 2018

Unlocking SRS At 62 And Avoiding Being Taxed (2)

Read? Unlocking SRS At 62 And Avoiding Being Taxed

To transfer money from Saving to SRS is so easy by click of button using internet banking; but to transfer money from SRS to Saving after 62 has to fill up form and wait for official approval and backend processing. Let see how long it will take to transfer back from SRS to Saving account.

Monday 17 September 2018

More Sinful Than Drinking Starbucks???

Take overseas vacations!

Get married and have children!


Return On Human Asset vs Return On Financial Assets??? (Refresh)

Saturday, 28 March 2015

Read? Return On Human Asset vs Return On Financial Assets???

Uncle8888 doesn't have any vested commercial interests relating to the subject/topic in investing or trading so he doesn't have to agree or sing the same praise in the investment blogosphere.

Sunday 16 September 2018

Singapore's "Sukura"???

Saturday 15 September 2018

The Odd Investment Blogger In Singapore???

Hi Createwealth 

Can I refer to you as uncle CW like other readers?

I occassionally read your posts but came across a few earlier ones on reits.

I get the impression that you don't seem to like reits very much, or maybe its that you prefer stocks (that pay dividends) much more than reits.


We are biased to our own personal investing experience on risks, rewards, and investment outcome and performance over past market cycles. It will help to shape our future investing strategies to optimize our investment performance according to our account size and our personality in the market i.e 3 Ms - Method, Mind and Money Management.

Of course, Uncle8888 has S-REITs before; but S-REITs business model didn't seen to be a good fit in his portfolio management even though he is already in retirement phase depending on portfolio income stream.

Cash flow from our portfolio can come from combination of dividends, interests, and divestment. It will be excellent if we can defer any capital reduction to the longest.

Thursday 13 September 2018

HDB 4 Room Rental Soften???

Uncle8888 recently bumped into his long time no see neighbor who is living a few floors below him. 

After some chatting; he came to know that his neighbour has been living at her mother's place and rented out the entire 4 room flat.

That day; she came back to her unit to settle down her new tenant. 

Uncle8888 asked her about the rental rate. She said that the current rental is $2,000. The previous rental was $2,800. 

Down by 29%!

Food Tasting

Read? Penghu, Cimei and Wang An (5)



Eat more Oysters  before leaving Penghu!

We went to eat desert before leaving Penghu. The Owner was so happy that we came back to eat. 

She gave us another complimentary scoop of ice cream!

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