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, 7 October 2016

Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (3)


Read? Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (2)

Resume Round 3 at Woodlands Waterfront and stop at Lim Chu Kang Jetty










Sungei Kadut



Kranji






Fisherman and Kingfisher. 

Who will catch the fish first?








Vertical farming



Lim Chu Kang Jetty







Lim Chu Kang Jetty is the dead end to the West side so Uncle8888 took a bus to Chua Chu Kang MRT and then to Joo Koon and transfer bus to Tuas CheckPoint to resume the walk.






Resume the walk at Raffles Marina next to Tuas CheckPoint







Sembcorp Marine and its Rig



Thursday, 6 October 2016

What Is Snake Oil???


Those folks in Uncle8888's generation will know what is Snake Oil man or woman.

They would be selling snake oil at any Wayang. 

First, they would perform some shows or light entertainment with some planted shadow audience as initial crowd to attract the larger crowd. 

Once the crowd was large enough for real selling; the snake oil would proceed with hands-on demonstration and application. 

They would persuade and persuade a few very "unwilling" audience from the crowd to step forward and after some observation made by the Snake Oil man/woman and questioning these "selected" audience from the crowd. 

These "selected" audience would shyly admit that they were suffering from the same illness/diseases that Snake Oil could cure it.

Snake oil men/women were excellent speakers. Their words were convincing and soon at least one or two "selected" would buy and more other planted buyers would open their wallet to buy the limited order Snake Oil at special price and the rest (real buyers) would still get the promotional price.

Nowadays, we still have Wayang but absolutely no more Snake Oil man/woman at the Wayang!

Where are Snake Oil men/women now?

Where arh?

They have gone to investment Wayang? No?



Does CPF need to improve on its website contents? No exactly clear to many???


Why do some people turning to investment bloggers for clarification?

Strange!

CPF's England not Singlish?

Talking to people who personally knows Uncle8888 is not the same as talking to himself. 






Wednesday, 5 October 2016

Pokemon Go Trainers vs. Investment Trainers??? (4)


Read? Pokemon Go Trainers vs. Investment Trainers??? (3)


After a long day walk, Aerodactyl came to challenge him. Come to Granduer 8.

When the train stopped at Ang Mo Kio station; only five mins left. 

Doing power walk won't  make it from AMK station to Grandeur 8. 

Uncle8888 has to run!

Once on the pavement; he cheong arh!

Soon one young lad caught up from behind and said: "Uncle; you play?"

Uncle8888 : Ya. Four minutes!!!

Young lad quickly sped up and ran ahead!

After a while; Uncle8888 heard the young lad shouted back: "Uncle, here!"

.....

....

Young lad : "Uncle, Caught?"

Uncle8888: "Ya. One last one to go!" Hitmonchan!"

Young lad: "Whoa. Uncle steady!"










Round The Coast (ACCESSIBLE) Of Singapore Walking Trail (2)


Read? Round The Coast Of Singapore Walking Trail (2)

Singapore is an island but it has only a few fishing spots. Sianz!

After walking for round 2; he also realized that a large part of coastal area belong to private property or state land that is protected.

Resume at Seletar Airport and stop at Woodlands Waterfront. The last time Uncle8888 was there to catch Abras to evolve within one night!




Starting Point

Many small fishing boats here!























Nice to see one man fishing on a boat and another one going fishing


At Yishun Dam: Yin & Yang









Ending at Woodlands Waterfront








Watch out for insect too!



Uncle8888 will do pull up at every pull up station when he encounters it!

Only one encountered!


Have you verify? (2)



Read? Have you verify?

No shame if you haven't as no one has poked you to do so. Now you have know it and yet you don't bother to verify. Shame on you!


When Uncle8888 started out his retail investing journey, he too seek out "Gurus" for advice and guidance. Days and nights visit "Gurus" forums, blogs and chat boxes. Hanging out there days and nights with the rest of seekers waiting for "Gurus" "wise" words and their "wisdom" to appear. 

Uncle8888 tended  to trust those "Gurus" who have claimed that they were on "mission" as guided from the above.

Year after year; some "Gurus" faked away or passed away; but new "Gurus" and Seekers are born!




Have you verify?


Read? How to verify "wah kali kong" advice


Proud declaration: I never practice cut-loss!

Verify: You got any 10 baggers in your portfolio before?

No? Walk away...




Smug face: I measure and track my portfolio right down to 2 decimal places.

Verify: Your portfolio in the red or black?

Red? Walk away...



Hmm ... poking at Uncle8888?

Have you verify?

So you walk away from here?

No 10 baggers!




Measure to two decimal places!






Ant: To be a millionaire, you need to work hard and save harder.

Verify: What! It is going to take a life time. Some more no one to verify. Walk away...



So you walk away fast?

It took a lifetime to do it. More than 39 years of earned income after tax and supplemented/accelerated by another more 16 years in our local stock market with just stocks and cash. No property or other alternative investment.





Monday, 3 October 2016

tio ToTo (3)


Read? tio ToTo (2)

This time the same ticket tio 2 rows of three Numbers each!

Slowly slowly slowly and WE huat ah!



Some "Gurus" in Singapore are better than Warren Buffet!!!


They claim that they can teach you to make 10 to 15% compounding return when they themselves are no more than 10 to 15 years in the stock market.

You believe them!

See for yourself!

The world recognized best investor! Warren Buffet.

His last 10 and 15 years of investing performance. 

What his result tells us?




It is getting much hard to find undervalued investment opportunities in 24 x 7 CONNECTED world!



Sunday, 2 October 2016

Pokemon Go Trainers vs. Investment Trainers??? (3)


Read? Pokemon Go Trainers vs. Investment Trainers??? (2)


Last two to retiring as Pokemon Go Trainer!

When the train stopped at City Hall MRT station; spotted Porygon on the Map with 13+ mins expiry near Clarke Quay MRT station. A quick mental estimate; Uncle8888 should be able to reach in time to catch it using his Power Walk.

Catch it at the opposite building of Clarke Quay Central with 11+ mins power walk from City Hall MRT station to Clarke Quay Central. Yeap!






Life As Full-Time Retail Investor Begins .....


No more bloody excuse of having no time and too busy with works!

Starting point at 30 Sep 2016 as bench-marking for the next 10 years as full-time investor!








Round The Coast Of Singapore Walking Trail (2)


Read? Round The Coast Of Singapore Walking Trail (1)

Plan ahead but adjust according when on the ground. Who still think Ants are dumb planners?



Saturday, 1 October 2016

Pokemon Go Trainers vs. Investment Trainers??? (2)


Read? Pokemon Go (10)

Read? Pokemon Go Trainers vs. Investment Trainers???

The last mile is the toughest to complete!

It is too random all over Singapore and with just 14 mins left after it was shown on Pokémon Radar. It is too difficult to chase with BMW (Bus MRT and Walk). Need super luck!

Level : 30
Pokémon : 138

Three more to completion! Catch Them All in Singapore.










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