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



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Value Investing
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Sunday 4 July 2021

How many bank accounts should you have? An expert says 4 is the magic number

Read? How many bank accounts should you have? An expert says 4 is the magic number

An expert said so!

Uncle8888 said 4; but carry no weight! LOL! 

Tuesday, 20 October 2009

Read? Two Bank Accounts? No, You may need Four!

Read? Two Bank Accounts? No, You may need Four! - (4)

Posted by Createwealth8888 at 12:06

3 comments:

  1. Singapore Man of Leisure5 July 2021 at 18:39:00 GMT+8

    CW,

    Sorry, you left a hole so wide I must poke!

    Eh! I am betting 99.999% of readers here have no clue WHO that "expert" is!

    And I'm 100% sure you have no idea who she is either!!!

    LOL!


    You must be quite desperate to be scrapping the bottom of the barrel to finally find someone who "yalor, yalor" with you ;)

    Nope. It doesn't work.

    Chinese prefer "round" numbers like 3, 6, 8, 9; etc.

    4 in Mandarin, Teochew, Hokkien, Cantonese sounds like "death"...

    3 sounds a lot better in Cantonese! Its life!

    See?

    Voodoo superstition triumphs everything!



    ReplyDelete
    Replies
    1. CreateWealth88885 July 2021 at 19:31:00 GMT+8

      I love "8"! CW8888! I even to try buy and sell share at "8" LOL!

      Delete
  2. hyom10 July 2021 at 16:18:00 GMT+8

    One reason to have multiple bank accounts is to take advantage of deposit insurance, although this is not a good solution for high networth individuals.

    I'm afraid there may come a day in future when people use multiple bank accounts to avoid negative interest rate. In Germany, some banks are charging negative interest rates. Hope that day never come to Singapore.

    ReplyDelete

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