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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
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Sunday, 21 June 2020

CPF 1M65 : Before 55, You are CPF Rich but Cash Poor or CPF Rich and Cash Rich!





Read?1M65 - CPF Rich, Cash Poor - A Life Well Spent or A Life Well Wasted?

 Saturday, 16 September 2017

 Read? Top Up CPF SA From CPF OA? Depending On Who You Ask! (10)

 Read? Hey! Are You Married With Kids?

Hmm .. where to read those comments on heated debate amongst those that strongly believe in the 1M65 or 4M65 movement?

 Where ah?

 CPF 1M65 is good for those are already cash rich and also has too much cash to invest and wanted to diversify their investment portfolio using CPF as their long-term bonds. Then go for it! 

 But, the rest of us who are not that cash rich and specifically those who have younger dependents; it is better to think triple harder!
Posted by Createwealth8888 at 20:55
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8 comments:

  1. Spur22 June 2020 at 02:38:00 GMT+8

    Heheh, yup what many conveniently leave out is the good salary or liquidity that is required. ;)

    Not just an Asian thing. For those US 28 yr old millennials who Instagram their $1+M 401K (something like our SRS), what they don't say is their 6-figure annual starting salaries LOL.

    First things first. Focus on the bigger stuff. Personal finance pyramid.

    ReplyDelete
  2. Singapore Man of Leisure22 June 2020 at 11:48:00 GMT+8

    CW,

    Earn more; save more ;)


    If save more alone can make us rich, then misers would be the richest people in the world!

    Or ask housewives without any income how they get to save so much money?

    LOL!

    ReplyDelete
    Replies
    1. Buildingmydream25 June 2020 at 13:28:00 GMT+8

      My immediate thought is how can one afford to be a housewife (with kids) in these current times..

      Delete
    2. Createwealth888825 June 2020 at 13:44:00 GMT+8

      Better option is to be stay-at-home mum or dad with side hassle income unless one's spouse is high income earner

      Delete
    3. Singapore Man of Leisure26 June 2020 at 12:04:00 GMT+8

      Buildingmydream,

      Easy.

      Marry rich.

      You think how tai tais who never had a dad job in their lives can become high networth clients for private banking?


      Wait a minute.

      May I ask are you noona or oppa?

      If oppa, I can poke hard, hard.

      If noona, cannot poke; but can flirt a bit, bit...


      Better be respectful since I just went to your blog.

      You know WealthBusch and MusicWhiz from the cbox days at Bully the Bear!

      That makes you my blogging senior!




      Delete
    4. Buildingmydream27 June 2020 at 12:21:00 GMT+8

      Eh how come noona cannot poke but oppa can, and hard hard somemore?

      Is it you.....

      LOL!

      Oppa or noona, does not matter as long as we are all chingu here and enjoy the poking 😉



      I know them but they don’t know me.. I was a lurker, ahem, I mean silent reader remember?


      Only started blogging recently so that makes you my blogging senior!

      I can only proclaim to be a senior lurker, I mean silent reader!

      Delete
    5. Buildingmydream27 June 2020 at 12:35:00 GMT+8

      Marry rich..

      Simple but not easy. Need to get to know them.

      Marry for money or marry for love.

      Or the love of money becomes marrying for love lol!


      Uncle CW's side hassle income seems like a more romantic option, no?

      Delete
    6. Singapore Man of Leisure27 June 2020 at 23:23:00 GMT+8

      I'm a gentleman OK. Women must sayang; cannot anyhow poke. Wait kenna honey pot trap how?

      Man who can tahan poking from friends are my kind of buddies. Can joke, can have fun mah!

      Overly "sensitive" men I'll pass; life is too short to bother with strawberries ;)



      Delete

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