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 1 January 2010

Stock Market - Tales of fortunes made!

Stock Market is never short of stories of how great fortunes are made and it is a great Wealth Generator. 

Noble has turned its founder, Richard Elman into a multibillionaire and also those retail investors into millionaires if they have hold on to the stock.

Wilmar too has turned Peter Lim's $10M investment into Billions.

Actually, the stock market is more of a Wealth Generator than a Wealth Destroyer if you don't do any leverages, you can only lose what you put into the stock market and nothing more; but your potential rewards can far exceed what you can imagine. But, it is so easy to say on the hindsight. LOL.

Decade's Best STI Performer

Look at shocking Noble: 5,300% gain or 53 Baggers since 1999 (adjusted for stock splits, stock dividends, rights, special dividends)

Since 31 Dec 2008, also an impressive 278% gain or 2.78 Baggers.


http://createwealth8888.blogspot.com/search/label/Noble


Although Noble has been my favorite stock pick in 2008, but I am only willing to risk what I can afford to lose so no fortune was made; but hopefully Noble will help to fully "sponsor" my kid's Uni tuition fees.

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