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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Tuesday 5 March 2019

FIRE Is That Easy AS We Have Thought


Real People who have tried FIRE or manage to really FIRE!
Case 1 : Just after three weeks of retirement, he was back to work. Lucky his vacancy was not filled and he got back his old day job.

 Read? You think it is so easy to retire early???


 Case 2 : He took one year no pay leave; but after three months he gave up and went back to work.

 Case 3 : He took one year no pay leave and finally he realized that working routinely is still better than having to find activities to pass time.

 Case 4 : She took 6 months no pay leave and went back to work to fulfill the one month notice for retirement. During her 6 months no pay leave; she managed to find some other activities to pass time and survived the six months test.

 Case 5 : Last chat with him seems that he has finally came to term with boring. No more irregular heart beats that his previous job gave him!

 Read? "Early" Retirement??? (2)
Posted by Createwealth8888 at 18:56
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2 comments:

  1. Createwealth88885 March 2019 at 19:18:00 GMT+8

    If you are NOT currently coasting in your job and finding it quite boring; you may find it harder to retire or FIRE.

    To transit from been very busy with many scheduled routines state to finding your own enough activities to past time is really tough.

    ReplyDelete
  2. CreateWealth88885 March 2019 at 22:33:00 GMT+8

    One thing that I observe is retirees read newspapers damn slowly

    ReplyDelete

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