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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Value Investing
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Saturday, 13 November 2021

Where does the money come from??? (3)

Read? Where does the money come from??? (2)

Hmm ...

Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.

Tesla just had its worst week in 20 months after Elon Musk sold $5.7 billion worth of shares (Elon pocketed $5.7B. Where does the money come from???)

One simple example of where does the money come from in HDB heartland!

The father asked his son to buy over his 4 rm HDB at market price e.g. $400K. He bought it very cheap at $55K. Father made $345K. Pom pi pi! His son CPF OA less $400K!

Father happy! Son also happy?



Posted by Createwealth8888 at 15:23
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4 comments:

  1. Singapore Man of Leisure13 November 2021 at 18:15:00 GMT+8

    CW,

    Moral of story, it's better to steal candy from strangers we don't know!

    Never fleece or milk family members!

    Family feuds are always awkward...

    ReplyDelete
    Replies
    1. CreateWealth888813 November 2021 at 19:58:00 GMT+8

      In the market; "son" bought so high from "father" and hoping to sell even higher to his "son". Only or two of them are happy but can't be all three are happy! No?

      Delete
    2. Singapore Man of Leisure13 November 2021 at 21:18:00 GMT+8

      CW,

      Can! Stocks always go up one!

      Just use S&P chart from 1920 to 2020.

      With it, you can sell ice to Eskimos!

      Lol!

      If it's property... You think why big daddy came out to remind Bei Kambings the meaning of 99 year leasehold?

      Anyone who calls themselves financially literate better don't admit they were surprised!




      Delete
    3. CreateWealth888814 November 2021 at 08:17:00 GMT+8

      99 yrs LH and next will be 99 yrs + more prime to see any slow down in HDB jackpot prize from escalation

      Delete

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