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

Saturday 15 December 2018

Save more than 60%. No need to invest??? (4)

Sunday, 1 March 2015

Read? Save more than 60%. No need to invest??? (3)

Uncle8888 met this single ex-colleague who is Minimalist No 1 with his no passport status. With no passport and that will mean he will have no costly overseas vacation expenses. 

He said he will be reaching retirement (at 62) in few year time; but he hopes that he will be able to work longer to accumulate more CPF and cash saving unlike Uncle8888 who has passive income and can retire early. He said he can't!

His retirement assets will be CPF, cash and if necessary rent out spare rooms. Currently; he valued privacy more than more money!

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