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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Friday, 5 October 2018

The Purpose Of FIRE or FIRe


Why do we need to think so hard to justify FIRE or FIRe?

 The purpose of FIRE or FIRe is to take back full control of our time from our ex-employers/jobs to re-allocate our time according to our own purposes. 

 Our own purposes may be or may NOT be meaningful to others. Why bother or care?

 At your Own time. Own target. 

 Fire or don't fire! 

 It is up to you! 

 That is the beauty of FIRE or FIRe! 

 Can you appreciate it?









Posted by Createwealth8888 at 22:54
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2 comments:

  1. Singapore Dividend Collector6 October 2018 at 13:46:00 GMT+8

    I don't know about you but I'm tiring of the FIRE craze. It's all fun and game until the next crash. Let's see how many are talking about FIRE when the shit hits the fan.

    ReplyDelete
    Replies
    1. Createwealth88886 October 2018 at 20:49:00 GMT+8

      The strength of fuel to support FIRE or FIRe is never the same for each of them and better be sustainable across market and economic cycles.

      Delete

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