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

Thursday, 1 October 2020

Financially Me, It is about Earning, Spending, Saving and Investing (2)

Read? Financially Me, It is about Earning, Spending, Saving and Investing

The investment portfolio performance outcome after 21 years of long-term investing and short-term trading across market cycles from Jan 2000 to Sep 2020.

Sigh!

He didn't make $1M from the stock market! Sianz!

Bagus! 

Blame himself for NOT taking up investment courses and be guided by "Gurus" to become Millionaire from stock market and FIRE???











Posted by Createwealth8888 at 08:49
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5 comments:

  1. CreateWealth88881 October 2020 at 19:12:00 GMT+8

    Sometime, I seriously think that there are too many investment bloggers over exaggerating the importance of investing over earning and saving power. No?

    Investing is Game of Capital! Your account size really matters!

    ReplyDelete
  2. Spur1 October 2020 at 22:04:00 GMT+8

    Ok, time to have new blog "FIRE with high salary!". LOL!

    Law & medical faculties will hold seminars showing graphs of their graduates' earning power ... Lecturers will be holding loudspeakers & saying "You wanna FIRE??? Join us!!!" :P

    "Career gurus" will sell courses on how to "get fast promotions & huge increments". LOL!

    ReplyDelete
  3. The Dreamzola Traveller2 October 2020 at 10:38:00 GMT+8

    Being a saver is a virtue. But to go further in life, has to learn and do some investment lor.
    But not many has the skills and emotional control to do it well.

    Assuming we got 40 years of working life, we might gets to experience 4 crisis at an interval of 10 years. If play a waiting game, would be like save up for 10 years, invest during crisis, sell during peak. If the earning/saving power is good, capital and growth is sufficient, it may just be possible to achieve some form of financial security by the 2nd or 3rd crisis.

    ReplyDelete
    Replies
    1. The Dreamzola Traveller2 October 2020 at 20:19:00 GMT+8

      This one depends on individual's risk level liao. Some people really cannot sleep well when gets involved high risk investments, lol.

      But hor...purely relying on savings is tough to go far in life in this age of inflation. There are many investment machines cater for people of different risk level. Fixed Deposits or some saving retirement plans or even the DBS multipler, whether enough or not it is pretty much subjective liao but i think its still much better than letting the soldiers rot inside the bank earning that.....sad interests.

      Delete

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