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

Friday, 16 December 2022

6 Years (2017 to 2022) Into Retirement Income From Local Market - SGX As Panda/Koala Retail Investor

Next year, recession?

Dividends kena cut again?










Posted by Createwealth8888 at 21:39
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5 comments:

  1. mysecretinvestment17 December 2022 at 07:47:00 GMT+8

    Very nice and consistent positive trading income year after year, CW!

    Its no wonder some of my ex-collegues retired and do trading to fund their retirement expenses. Always admire them.

    2022 has been a good year for dividend investors. If recession does come, dividends and stock values sure to tank. Problem is with each cycle, we getting nearer to retirement and with diminishing emploment runway to provide the confidence & funding to accumulate on the dip. I see this recession (if it does come) as the last window of opportunity for me to do my last "big time shopping" of stocks on a sale. Once retired, I wont have the risk nor funding appetite for such "sales"!

    ReplyDelete
  2. AT_AT17 December 2022 at 14:22:00 GMT+8

    Cashed out $160k from casino this year. Satisfying result in a bear market. Next year just play by ear and continue to have fun! 🙏

    ReplyDelete
    Replies
    1. CreateWealth888817 December 2022 at 15:09:00 GMT+8

      Stock market can be casino or ATM depending on players. LoL!

      Delete
  3. AT_AT17 December 2022 at 16:01:00 GMT+8

    It is not a place for the faint hearted. ATM sounds like very safe with the principle protected. Let’s not give the lambs the false representation on risk. 😉

    ReplyDelete
  4. AT_AT18 December 2022 at 13:05:00 GMT+8

    As CW shared, it is mind, method and money. The satisfaction lies in the continuous learning cos every crisis is different. I have already doubled my 7 digits portfolio. The fun part is that i still have >15 years to reach 60s, time is on my side. Still young.

    ReplyDelete

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