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 2 June 2022

What Is The Real Number or Power Behind FI, FIRE or Retirement Income? Power Of Earned Income & Savings Vs Investing Power?

In Investing, your account size really matters - Createwealth8888

Uncle8888 will be shocked if the above is mentioned in any investing course preview seminar or talks!

Read? Investing Made Simple by Uncle8888 (17)



Posted by Createwealth8888 at 20:56
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2 comments:

  1. CreateWealth88883 June 2022 at 11:07:00 GMT+8

    One way for investment gains to beat lifetime of earned income is to FIRE or RE. LOL!

    ReplyDelete
    Replies
    1. Spur3 June 2022 at 15:39:00 GMT+8

      Lol! I think that's the case for me.

      More of being a terrible employee rather than a genius investor! 🤣


      Based on data point of one (wifey), for average wage earner ... salary beats investing gains in the medium term (10-20 yrs). But in the longer term (>25 or 30 yrs) investing gains tends to beat total salary earned.

      Provided one is reasonably diversified & doesn't lose bxlls during bear markets.

      Doesn't apply to high income earners like C-execs of MNCs, top property salespeople, successful entrepreneurs etc.

      Even so, almost none of these high earners will keep their millions in FDs or CPF or savings accounts. They'll still "invest" 50% or more of it, even if it's simply buy & hold a few GCBs.

      Delete

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