As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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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Value Investing
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Sunday, 20 June 2021

No Gold and Silver and then also No BTC??? Not stupid then what?

Read? Just a few multi-baggers may be enough for your kid's university fund - Updated

Uncle8888 is a stupid passive income hog!

A taste of source of passive income flow will grow more stupidity in the investing mind! No?

1M65 in Sep 2021. More passive income coming soon!


  1. CW,

    8 immortals crossing the Eastern Sea ;)

    There will be those who share a similar tale like yours:

    1) Hey! I did well in my day job! (No skiving; no hentak kaki)

    2) I hit the lottery by divorcing my husband (Here's looking at the ex-wives of Jeff Bezos and Bill Gates)!

    3) I got super lucky with properties!

    4) And maybe 10 years later, we will have more youths turned middle-aged millionaires with cryptos. What CPF? The passive interests from DIFI is double/triple that!!!

    Different paths; different poisons.

    One commonality - its EARN MORE path ;)

    (Which means not anyone and everyone can do it. Its all surviourship bias optics)

    1. We need to find out for ourselves which one of 8 immortals in us to cross the Eastern Sea. All are skillful in their own right! The objective is to cross the River! That about it!
      once cross the River. The Method of crossing doesn't matter anymore! Onwards to more safety and no more crossing!

  2. Congratulation CW for your 1M65 status. According to the latest data from CPF Board, you are among the 43,610 60 to 65 yo seniors who have more $500,000 in their CPF at this age band. If you go up one more age band (ie from 65 to 70 yo), there are 20,820 people who have more than $500,000 in their CPF.

    Mind you, the amount included those monies that they may have withdrawn for investment and housing. And your 1M65 is actual money still in your CPF account. Not only that, you belong to a rarer species that have OA1M, ie $1M in your OA. So congratulations once again, you have done very well!

  3. Hi Uncle CW8888
    Congrats !! 1M65 :D

  4. Hi Uncle8888,

    For most people in retirement, there's no greater peace of mind than knowing they have a relatively stable regular payouts.

    Using a self-directed 3% or 4% withdrawal from portfolio is still something new for most S'poreans. There's also an art & science to ensure the longevity of the portfolio over 30-50 years of portfolio drawdown.

    And whenever there's a market crash, these retirees will start having doubts & fears. It takes a damn strong conviction to stay the course, unless you start of with a portfolio size that's 50++ X your annual household expenses.

    It's no surprise that even crypto millionaires will convert a big portion of their cryptos to safer assets denominated in fiat currencies once they've more than hit their FO money lol.

    Crypto is to earn, fiat is to retire. 😂

    1. Not until BTC is legal tender in most countries; then can retire as BTC millionaires

    2. Fully paid property on hand worths far more than millions and millions of BTC dream money. LOL!
      CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks.

      “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first indicated he trimmed his position and paid off a home mortgage with those profits.

      The price of bitcoin fell more than 6% on Monday to roughly $33,000 per token, around a two-week low. The move lower follows a report in the Chinese Communist Party-backed Global Times newspaper that said more than 90% of the country’s mining capacity is shut down after authorities in the province of Sichuan closed “many mines” located there.


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