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

Sunday 23 May 2021

COVID-19 proves that Health is Wealth!

What we can't really cut down or save on these health care or medical expenses in COVID-19!

No travelling expenses; but medical expenses will always be there and rising as we are getting older and body resistance and immunity getting weaker. New health issues may also slowly surfacing up for medical attention. 

Health is wealth!




2 comments:

  1. Just for fun.

    Lets analyse the statement: Health is Wealth

    Mathematically, if Health = Wealth, then Wealth = Health. This is not true. So mathematically, health is NOT wealth.

    Now lets look at the statement from other angles.

    1. You can bequeath your wealth but NOT your health. So health is NOT wealth
    2. Health decreases rapidly when one gets near death, but wealth can still grow even when one passes on. So health and wealth are on two different domains.

    Many times health is more important than wealth. With good health, one can build wealth, but not the other way around. Just to look at the number of wealthy people who died young or who basically died whether young or old. No amount of wealth can bring them back their lives. So again health is NOT wealth.

    And there are people who treat wealth as more important than health. These people would risk their lives for wealth. They would undertake risky jobs for money.

    So clearly health is NOT wealth.

    ReplyDelete
  2. "They would undertake risky jobs for money"?

    Even for possible life ending jobs like trafficking drugs in Singapore.

    ReplyDelete

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